Apple boss Tim Cook joins the billionaires club

United States News News

Apple boss Tim Cook joins the billionaires club
United States Latest News,United States Headlines
  • 📰 BBCNews
  • ⏱ Reading Time:
  • 27 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 97%

The company's share price has soared, helping to boost the personal wealth of its chief executive.

Mr Cook took over from Apple founder Steve Jobs nine years ago. His billionaire status is based on the shares he owns and the compensation he has been paid at Apple, and calculated by the Bloomberg Billionaires Index.

In 2015, he said he planned to give most of his fortune away and has already donated million of dollars worth of Apple shares.Mr Zuckerberg, along with Amazon's Jeff Bezos and Tesla's Elon Musk, accrued their wealth from the huge stakes in the companies they founded.Based on US federal and state taxes for California, Mr Cook would face a tax rate of just over 50%, as a top-bracket earner.

He has overseen the development of devices such as the iPhone X and Apple Watch, along with new services like Apple Music.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

BBCNews /  🏆 3. in UK

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

England v Pakistan: talking points from a thrilling first Test | Tim de LisleEngland v Pakistan: talking points from a thrilling first Test | Tim de LisleBen Stokes was sorely missed by England the last time he was absent but he has not been his superhuman self in the past two Tests
Read more »

HK newspaper Apple Daily defiant after crackdownHK newspaper Apple Daily defiant after crackdownIn an apparent show of solidarity for the paper queues to bulk buy copies began forming at 0230.
Read more »

Hong Kong's Apple Daily vows to fight on after arrest of Jimmy LaiHong Kong's Apple Daily vows to fight on after arrest of Jimmy LaiReaders queued for hours to get a copy of the pro-democracy tabloid, as US secretary of state says China has ‘eviscerated Hong Kong’s freedoms’
Read more »

Gwyneth Paltrow, 47, poses with mom Blythe Danner, 77, and daughter Apple, 16Gwyneth Paltrow, 47, poses with mom Blythe Danner, 77, and daughter Apple, 16GWYNETH Paltrow enlisted the help of mom Blythe Danner and her teenage daughter Apple to model her brand’s new dress designs on Sunday. The family linked arms and posed for a sweet photo toge…
Read more »

Apple imported clothes from Xinjiang firm facing US forced labour sanctionsApple imported clothes from Xinjiang firm facing US forced labour sanctionsDetails on staff uniforms come after CEO Tim Cook says he will not tolerate modern slavery
Read more »

Apple imported clothes from Xinjiang firm facing US forced labour sanctionsApple imported clothes from Xinjiang firm facing US forced labour sanctionsDetails on staff uniforms come after CEO Tim Cook says he will not tolerate modern slavery
Read more »



Render Time: 2025-02-25 12:56:39