Tim Cook faced difficult tasks when he took over the management of Apple after the departure of Steve Jobs (Steve Jobs). But Cook’s diligence and strategic vision earned him not only recognition but also significant financial rewards. According to the latest data published by Forbes, his fortune is estimated at $ 2 billion. His assets include millions of Apple shares, the total value of which reaches hundreds of millions of dollars.

According to updated statistics from Forbes, Apple CEO Cook’s fortune is estimated at $ 2 billion, which puts him at 1583rd place in the ranking of the richest people on the planet. His assets include approximately 3.3 million Apple shares, worth about $652 million at current market value.

The fact that his salary will reach approximately $ 100 million in 2022 caused heated discussions among the company’s shareholders. This amount included both salary and Apple shares, with some of the shares tied to the company’s performance. It’s important to remember that Apple executives’ salaries are closely tied to the company’s success, and Apple has regularly achieved goals under Cook’s leadership.

Amid mass layoffs at major tech companies like Microsoft, Google and Amazon in 2023, Cook showed leadership by cutting his salary by 40%. As a result, its annual income in 2023 was approximately $49 million, including stock options. Cook emphasized that layoffs at Apple are seen as a last resort. Unlike other technology giants, Apple did not follow an aggressive hiring policy.

Under Cook’s leadership, Apple is on track to reach a $3 trillion market value by 2023, despite a 3% annual decline in revenue. Analysts suggest that Apple’s capital could reach $4 trillion by the end of 2024. Additionally, Apple’s services business, which includes products such as iCloud, Apple Music and the App Store, is estimated to be worth between $1.5 and $1.6 billion.

Tim Cook has taken Apple to the next level by designing and releasing products like the Apple Watch, switching from Intel processors to its own M-series chips for Macs, and entering the mixed reality segment with Apple’s premium Vision Pro headset. Delivery of the headset is expected to begin as early as February 2024. These moves confirm Cook’s importance to Apple and justify his income.