Aug 27, 2021

Apple chief executive Tim Cook gets $750m payout

Apple chief executive Tim Cook has received more than five million shares in the technology giant, as he marks ten years in the job. A company filing with the US Securities and Exchange Commission watchdog shows that he sold most of the shares for more than $750m. According to Apple's filing with the SEC, Mr Cook was eligible for the award as the company's shares had risen by 191.83% over the last three years. In 2015, Mr Cook said he would give away his entire fortune before he die, and is known to have donated tens of millions of dollars to charity. Mr Cook has often spoken publicly about his concerns over issues including HIV and Aids, climate change, human rights and equality.

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