- Full Name: Timothy Donald Cook
- Net Worth: Over $400 Million
- Occupation: Businessman, CEO
- Marital Status: Single
- Ethnicity: American
Tim Cook Net Worth – All About The Source Of His Massive Wealth
Tim Cook is the current chief executive officer of Apple Inc and was before his ascension to the current position the Chief operating officer of Apple. Tim Cook Net worth is estimated to be over $400 million and this figure continues to increase every single day. Between the years 2004 and 2011, Cook served Apple as the COO (chief operating officer) where his core function was the management of the day to day operations of the company. Recently, fortune magazine estimated Cooks net worth to be $785 million. This estimation was based on Tim Cook’s shares at Apple. The magazine estimates that Tim owns $120 million worth of shares with apple together with $665 million restricted stock if they were vested.
Tim Cooks Early Life And Education
Tim Cook was born in the year 1960 in Mobile, Alabama, US but was however brought up in the nearby Robertsdale. His father worked at a shipyard while his mother earned a living by working at a pharmacy. Tim attended and graduated from Robertsdale high school, earned his Bachelor of Science degree in industrial engineering from Auburn University in the year 1982 and subsequently, the year 1988, earned an MBA from Dukes University Fuqua School of business. Recently, in early 2015, he was honored with an honorary doctorate from the University of George Washington. In his free time, Cook enjoys hiking, cycling and spending time in the gym working out.
Tim cook is a private person who mostly enjoys his own company. He does not like publicity and as a result scanty information is available of his personal life. In 2014 October, Tim explained that he was seeking to attain the basic level of privacy. The multiple sclerosis misdiagnoses that Cook experienced in the year 1996 changed his outlook on life and general perception. He himself said that the misdiagnosis made him to see the world in a different way. As a result, Cook has been at the forefront of engaging in charity to help victims or individuals who are suffering from Multiple Sclerosis.
Tim Cook’s Sexual Orientation
While there were some reports from as early as 2011 that Cook might be gay, he never came out to confirm or deny the allegations but rather those to keep his personal life as well as sexual orientation private. However, he did come out to publicly support LGBT people on the need for them to have their rights respected as well as their sexual orientation. In October 2014, Cook came out as gay and stated “I’m proud to be gay, and I consider being gay among the greatest gifts God has given me.” He also went ahead to explain that his sexual orientation wasn’t a secret as many of the people who worked with him at Apple knew he was gay but he focused on customers and apple products rather than his personal life.
What Does Tim Cook Intend To Do With His Wealth?
Well this might come as a surprise but Cook intends to donate all his wealth after paying his nephews full college fees. His nephew is 10 years old. Tim Cook net worth of over $400 million is a substantial amount of money and Cook intends to donate it to charity.
A brilliant CEO and a man with a great heart, Cook who recently came out as gay as a man with a strong sense of business acumen. He might not be as rich as Richard Branson or Bill Gates but believes that a person should be the pebble in the pond that creates ripples for change.