Tim Cook goes to the camp of philanthropists

According to RBC , and with reference to Reuters , Apple CEO Tim Cook said that he would donate all of his fortune to charity.

True, at first he plans to pay for his 10-year-old nephew’s higher education.

The net worth of Cook’s assets, considering his share in Apple, is about $ 120 million. After taking office in 2011, Cook received 1 million restricted shares of Apple, the value of which was then estimated at $ 376 million, but now stands at $ 665 million.
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Cook's salary is $ 1.75 million, according to Apple's report to the US Securities and Exchange Commission. Last year, the head of the corporation earned $ 9.22 million, which is twice as much as his income for 2013. Cook received another $ 6.7 million in bonus payments for the last fiscal year that ended in September 2014.

In February of this year, Apple became the first American company, whose capitalization on the basis of trading on the stock exchange exceeded $ 700 billion.

Along with this news, a new rating of Fortune magazine appeared, representing the annual ranking of world leaders. The first place in the ranking of 2015 took Tim Cook. In an interview with the magazine, he said that he would try to develop a more “systematic approach” to philanthropy, going beyond the simple writing of checks.