Quick Facts of
- First NameTim Cook
- Date of Birth11 January, 1960
- Net Worth$ 2 billion
- Age61 Year
- Height6 Feet 3 inch
Meet CEO Of Apple Tim Cook
Timothy Donald Cook AKA Tim Cook is a famous American business executive and industrial engineer who is widely known as the chief executive officer of Apple Inc. He previously worked as the company’s chief operating officer under co-founder late Steve Jobs.
The 58-year-old business executive joined Apple Inc. in 1998 and has been actively working since then. He previously worked at IBM from 1982 to 1994. In 1994, he joined Intelligent Electronics and worked for IE for four years. In 1998, he worked for Compaq.
How Much Is Tim Cook’s Net Worth?
Tim started his professional career in the 1980s. After graduating from Auburn University in 1982, he started working for IBM for its personal computer business in the position of director for North American fulfillment. He worked for IBM for around twelve years.
Before joining Apple, he was engaged with Intelligent Electronics and Compaq as the vice president for Corporate Materials for around six months.
While talking about Tim Cook’s net worth, his worth is $2 billion, as per Business Insider. He collected such a hefty amount of money, mostly from the Apple stock options. His salary was $15.7 million in 2018.
In 2017, his salary was $3 million as CEO which rapidly increased in 2018 after the rise of Apple’s stock price. He received only $900 thousand in 2011. The CEO of Apple is the one to lead the first-ever company to reach $1 trillion in the world.
During one of the interviews, Tim mentioned that he is not motivated by money and is goal-oriented above anything.
Maintains A Frugal Life; Mansion And Cars Collection
Well, while many people might think that Tim might be living a lavish lifestyle living in extravagant mansions, wearing branded clothes, and driving expensive cars, he is totally different from expected.
Tim is frugal and leads a simple life. Once, he mentioned that he buys his underwear at Nordstrom’s semiannual sale. Speaking about his lifestyle, he said that he does not rush behind luxury things.
Tim said that he reminds himself of where he came from and maintains himself in his modest surrounding. He furthermore mentioned that money is not a motivator for him.
Cook lives in Palo Alto home that spreads up to 2,400 square feet, as of 2012. He purchased the house for $1.9 million. The median value of the mansion is $3.3 million.
Speaking up about his car collection, he has been captured using two cars; Porsche Boster costs around $83 thousand and BMW 5 Series, costing around $110 thousand.
Tim spends most of his time at the office. He wakes up early in the morning at 3:45 a.m. reads and responds to emails.
The Apple CEO often moves for work, and in 2018, Apple spent $93,109 alone on his travel via private plane. For his personal purpose, he prefers being domestic and visiting places like Yosemite National Park.
Bonus And Charities
Tim spends a huge amount of money on political causes. He is a known fundraiser for high-profile celebrities like Hillary Clinton and Barack Obama.
As per reports of 2017, Tim got a high figure of bonuses and all thanks to Apple’s stock price. Sources reported that he received $12,825,066 in the year up from $8,747,719 in the previous year.
Apple’s top executives got a bonus of 155.5% for their performances whereas a year before, their bonus was 89.5%. He, in 2017, made $12.8 million.
Tim Is Proud To Be Gay
Tim, who is a fitness freak, came out of the closet on 30th October 2014. In an editorial for Bloomberg Business, Tim admitted that being gay is one of the greatest gifts that God has given him. He also admitted that he has always been open up about his sexuality for years. He even made clear that his Apple co-workers are aware of his sexual orientation.
As of now, Tim is unmarried and single. He also does not have any child. But, previously, he was in a relationship with Benjamin Ling who is of Asian-American nationality.
Born In Palo Alto
Tim Cook, whose full name is Timothy Donald Cook, was born on 1st November 1960 and is 61 years old, as of 2022. He was born in Mobile, Alabama, United States of America, and grew up in Robertsdale.
The name of his father is Donald, who was a shipyard worker, whereas his mother is Geraldine who worked at a pharmacy.
Regarding his educational background, Tim studied at Robertsdale High School. He then studied Bachelors of Science majoring in industrial engineering from Auburn University. He then completed his Master’s Degree in Business Administration from Duke University’s Fuqua School of Business in the year 1988.
Tim stands at a height of 6 feet 3 inches (190cm) tall and weighs 80 kg or (176lbs).