Tim Cook is celebrating 10 years at the helm of Apple this week. An anniversary that Steve Jobs’ successor celebrated by earning more than 5.1 million shares in his company. A bonus that he sold for more than $ 751 million, said the US Markets Authority (SEC) on Friday.
In fact, Tim Cook received all of these shares as part of an agreement which provided, upon taking office in August 2011, that he could touch them once in ten years at the head of bygone society. Of which act. According to the document shared by the SEC, the boss of the firm at the apple had also negotiated that he would receive part of his shares (1.1 million) if the value of the title of Apple increased between 2018 and 2021. A goal largely exceeded in view of the results, which show that Apple’s stock market share has almost tripled over the past three years.
A fortune estimated at 1.4 billion dollars
According to Forbes, Tim Cook now enters the inner circle of dollar billionaires, with a personal fortune now estimated at more than $ 1.4 billion, or about 1.19 billion euros. What also to celebrate with a little delay its 60 years (last November 1st).
The transparency of US bosses’ income also indicates that the Apple boss still owns 3.2 million shares of his firm, or about $ 483 million at today’s share price, according to the SEC.
