Apple CEO Tim Cook makes $41.5 million (after taxes) in share sale

Apple CEO Tim Cook has a net worth of US$1.9 billion.

Apple CEO Tim Cook made US$41.5 million after taxes in his biggest share sale in two years, a U.S. securities filing showed.

As noted by Reuters, Cook sold 511,000 shares, which were worth about $87.8 million before accounting for taxes, according to the filing dated Tuesday. He made $355 million from a stock sale in August 2021. The Apple chief owns about 3.3 million shares, valued at about $565 million, following the sale, the filing showed.

In a 2015 interview with Fortune, Cook said that he planned to give away all his wealth, after paying for his nephew’s college education. Cook said that he would take a “systematic approach to philanthropy.”

Dennis Sellers
the authorDennis Sellers
Dennis Sellers is the editor/publisher of Apple World Today. He’s been an “Apple journalist” since 1995 (starting with the first big Apple news site, MacCentral). He loves to read, run, play sports, and watch movies.