Technology

Apple CEO Tim Cook’s incredible salary, 1,400 times more than the average worker’s salary revealed

APPLE boss Tim Cook earns 1,447 times more than the average worker at his company in 2021.

The amazing number was revealed by Apple in a report sent to shareholders.

Apple's 61-year-old boss brought in a huge amount of money last year

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Apple’s 61-year-old boss brought in a huge amount of money last yearCredit: Getty

How much does Tim Cook earn?

Cook has made nearly $100m (£74m) in 2021.

Apple also revealed that the average salary for employees in 2021 is $68,254 (£50,210).

The median salary for Apple operations in 2020 is $57,783 (£42,507).

Cook made 256 times the average Apple employee that year, meaning he took home around $14.8m (£10.9m) in 2020.

The 61-year-old CEO’s salary is actually $3 million (£2.2 million).

The rest of his incredible paycheck comes mostly from stocks.

Cook received $82.3m (£60.5m) in bonus shares.

He also received an additional $12 million (£8.8 million) to help Apple achieve its goal and more money for expenses like air travel.

In total, the Apple boss made $98.7m (£72.6m) last year.

He has been the CEO of Apple since 2011 after Steve Jobs resigned.

Since Cook took the helm, Apple stock has risen more than 1,000%.

In a 2015 interview with Fortune, Cook said he plans to donate his fortune to charity.

Apple CEO Tim Cook stresses on whether App Store treats all developers equally in antitrust hearing

In other news, Donald Trump looks set to make his debut His Truth social app the next month.

Bitcoin has been predicted to collapse in 2022 and the value of the cryptocurrency has dropped significantly this week.

And, Cadillac has revealed a futuristic electric car concept with a love design inside.

https://www.the-sun.com/tech/4417655/how-much-does-apple-boss-tim-cook-earn-salary/ Apple CEO Tim Cook’s incredible salary, 1,400 times more than the average worker’s salary revealed

TaraSubramaniam

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