Tim Cook Net Worth

Short introduction

Timothy Donald Cook (born November 1, 1960 in Mobile, Alabama, USA) is an American supervisor and CEO of Apple. He joined the enterprise in March 1998. After Steve Jobs’ resignation (because of an extended illness) on August 24, 2011, he took over as CEO.

Cook joined Apple in March 1998 as a senior vice chairman after which served as an govt vice chairman of global income and business. He changed into appointed dealing with director on August 24, 2011 earlier than Jobs died in October of the year. During his tenure as leader govt, he endorsed the political reform of global and country wide surveillance, cyber safety, company taxation, American production and environmental protection.

In 2014, Cook have become the primary dealing with director of a Fortune 500 enterprise that have become publicly called homosexual. Cook additionally serves at the forums of Nike, Inc., the National Football Foundation and is a trustee of Duke University. In March 2015, he stated he deliberate to donate all of his fairness to charity.

Early life

Tim grew up in Alabama. His father changed into a shipyard worker, his mom a housewife. Cook acquired a bachelor’s diploma in business manufacturing from Auburn University in 1982 and an MBA from Fukua School at Duke University in 1988.

Career

His profession began out at IBM, in which he labored for 12 years. He then spent six months at Compaq, vice chairman of company materials. After that he changed into employed through Steve Jobs and got here to Apple. Tim helped former Apple CEO Steve Jobs for 2 months in 2004 while he changed into being dealt with for pancreatic cancer. Cook is likewise a member of the Nike Board of Directors.

In 2007, he changed into appointed Chief Operating Officer. In 2009, Tim helped Steve once more for numerous months while Jobs changed into on holiday for an upcoming liver transplant. In January 2011, the Apple Board of Directors accredited the clinical holiday asked through Steve Jobs and Tim Cook changed into appointed appearing CEO.

Jobs resigned on August 24, 2011 and endorsed Tim Cook as CEO. On August 25, 2011, he changed into formally appointed Apple’s new CEO. In 2011, his “revenue” (overall compensation) changed into $ 380 million, such as the yearly revenue and the director’s bonus. Cook additionally owns $ 442 million of the enterprise’s shares.

In 2016, Tim Cook acquired bonus budget for the a hit control of Apple and for excessive enterprise quotas.

In addition to Google’s Vice President, Vint Cerf, and AT&T’s CEO, Randall Stephenson, Cook attended a summit prepared through President Barack Obama on August 8, 2013, associated with authorities surveillance and the put up NSA Incident regarding Edward Snowden.

After the December 2015 terrorist assault in San Bernardino, California, wherein 14 humans have been killed through Rizwan Farook and Tashfeen Malik, the Federal Bureau of Investigation requested Apple to “unlock” an iPhone 5C utilized by Farook. On February 16, 2016, a federal judge, on the request of the Department of Justice, ordered Apple to create a custom iOS firmware model that investigators should use to address the phone’s safety features. Cook answered in an open letter denouncing the authorities’s needs as a “violation of privacy” with “frightening” consequences.

Career highlights

Tim Cook is a health fanatic and loves cycling. Cook receives up each morning and does yoga. During a speech at Auburn University in 2010, he emphasised the significance of instinct for decision-making in life.

For 3 years, one of the maximum examine and influential LGBT magazines has positioned Tim Cook at the Power List – a listing of “50 of the maximum influential LGBTQ humans in American subculture today” (The 50 Most Influential LGBT People in American Culture Today). In 2012 and 2013 he got here in first and in 2014 second, however with the words: “The quietly spoken tech guru might be the maximum effective homosexual guy withinside the world – or at the least withinside the virtual hemisphere”.

As CEO of Apple Inc., Cook often starts sending e-mail at 4:30 p.m. Previously, he held worker phone conferences on Sunday evenings to put together for the following week. Cook introduced in May 2013 that his management changed into centered on humans, method and execution; He stated, “If you do those 3 matters right, the sector is a excellent place.” Under Cook’s management, Apple has elevated its donations to charity. In 2013, he employed Lisa Jackson, who formerly headed the Environmental Protection Agency, to assist Apple increase its renewable electricity activities.

Famous quotes

“Let your pleasure be to your journey – now no longer in a few remote goal.” …

“It’s approximately locating your values, and committing to them. …

“From the onset, I desired to pour each ounce that I had in myself into the enterprise. …

“History not often yields to at least one person, however assume and by no means neglect about what takes place while it does.