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Apple CEO Tim Cook Earned Nearly $100m ($98.7m) Fortune in 2021

Tim Cook worth nearly $100m in net

Philip Aladino

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Apple CEO Tim Cook Earned Nearly 0m in 2021
Tim Cook (Chief Executive Officer at Apple Inc.)

According to a statement filed with the SEC on Thursday, Apple Chief Executive Officer Tim Cook earned $98.7 million in basic pay, stock, and other remuneration.

Cook received a basic salary of $3 million and a stock grant of $82,347,835. This stock award is comprised of RSUs that will vest over time, including $44.8 million in performance-based stock awards and $37.5 million in time-based stock awards. As of yet, none of this stock has vested.

Tim Cook Apple CEO Net worth

Cook also had more than 5 million shares vested in 2021, bringing him $754 million in total. Because these were provided in previous years, the $754 million is not included in his 2021 salary plan.

In addition to the $3 million salaries and $82 million in stock options, records show that he also got $12 million in non-equity incentive plan pay and $1,386,559 in “Other” pay. 

However, other remuneration includes a vacation payment of $23,077, security charges of $630,630, and personal air travel of $712,488. For security concerns, Apple needs Cook to fly in a private jet.

Cook earned a total of $14.8 million in 2020, not including stock awards that vested during that period. Cook’s net worth has risen to more than $1 billion since 2020, and it may soon surpass that figure due to recent stock awards.

Other Apple executives, including Luca Maestri, Kate Adams, Jeff Williams, and Deirdre O’Brien, were paid between $26 million and $27 million.

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Dino is a Tech Consultant. Entrepreneur, Website/Blog Developer, Graphic Designer, Blogger and Digital Marketer, he has long been freelancing for more than 6 years before starting up Smartcoretech, during this time was writing for websites like Opera News Hub, Paulworkspace, thescoove.africa etc. He is currently reporting on tech related contents on company's such as Apple, Google, Microsoft, Xiaomi, Facebook, Twitter etc. He also writes on Phone Reviews and Movies. When he is not writing he is working as an IT Manager for a company in his Local. Feel free to contact him via any of the available channels present

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