Cook, 59, said in 2015 that he plans to give most of his fortune away and has already donated millions of dollars worth of Apple shares. — Reuters
With Apple Inc’s stock soaring, Tim Cook is cruising toward another big payout.
Barring a precipitous drop in Apple’s stock, Cook will receive 560,000 shares on Aug 24, worth a combined US$278.6mil (RM1.16bil) as of Friday’s close – his annual haul from an award he got nine years ago after succeeding Steve Jobs.
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