Apple CEO Tim Cook Net Worth: A big news has come from ‘Apple’, one of the most valuable companies in the world. An era is now coming to an end at Apple. Apple CEO Tim Cook is now going to step down from the post of CEO. Tim Cook took charge of the company for about 15 years and took it to new heights. Apple has appointed John Ternes as the next CEO, who will take charge from September 1, 2026.
Tim Cook has been Apple’s CEO for 15 years
The news of Tim Cook stepping down has created a stir in the entire tech industry. Now the question is, what did Tim Cook give to Apple in these 15 years and how much wealth did he create himself? Do you know where Apple was when Tim Cook took over and where it is today? Let us tell you about this wonderful journey of Tim Cook and his net worth of billions.
Tim Cook’s net worth is Rs 24000 crores
According to Forbes data, Tim Cook’s net worth is around $2.9 billion i.e. around Rs 24000 crore. His latest annual package is around $63 million (about ₹525 crore). A large part of his wealth comes from Apple shares. He has more than 30 lakh shares of Apple. During Tim Cook’s tenure, Apple’s market value increased from $350 billion to nearly $4 trillion. The company’s annual revenue was $108 billion in 2011.
Became CEO before Steve Jobs’ death
Tim Cook has been associated with Apple for almost 28 years. He took over the post of CEO just before the death of Steve Jobs in 2011. Under his leadership, Apple’s number of active devices crossed 2.5 billion.
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