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Former Chief operating officer and current chief executive officer of Apple Inc., Timothy "Tim" D. Cook, has an estimated net worth of $400 million. He served as COO from 2004 until 2011 when Steve Jobs resigned as CEO. His primary responsibility is managing day-to-day operations at the company. As COO Cook was responsible for the company's worldwide sales and operations, including end-to-end management of its supply chain, sales activities and service and support in all markets and countries.
Cook earned a B.S. degree in Industrial Engineering from Auburn University in 1982, and his M.B.A. from Duke University's Fuqua School of Business in 1988. Cook is a fitness enthusiast and enjoys hiking, cycling, and going to the gym. In 2011 he was named to the top spot on Out Magazine's fifth annual "Power 50" list of LGBT people.
Earnings & Financial Data
Date |
Category |
Description |
Amount |
---|---|---|---|
2012 |
Salary |
Salary from Apple |
$4,300,000 |
2012 |
Earnings |
Earnings from vested stock options |
$69,600,000 |
2012 |
Sale of Asset |
Value of half of his 75,000 restricted stocks at 550 per share |
$20,625,000 |
2011 |
Asset |
Value of his 1 million shares of Apple as CEO |
$600,000,000 |
2011 |
Salary |
Salary from Apple as CEO |
$4,200,000 |
2011 |
Sale of Asset |
Value of half of his 75,000 restricted stocks at 350 per share |
$13,125,000 |
2010 |
Earnings |
Earnings after selling his 37,500 shares from a grant made two years ago |
$11,100,000 |
2010 |
Salary |
Salary from Apple |
$900,000,000 |
2010 |
Bonus |
Bonus from Apple |
$900,000,000 |
2010 |
Sale of Asset |
Value of his 10,000 shares with Nike at $91 per share |
$910,000 |
2009 |
Asset |
Value of his Palo Alto home upon purchase |
$1,900,000 |
2009 |
Bonus |
Bonus from Apple |
$5,000,000 |