Technology
Apple CEO Tim Cook’s staggering paycheck that’s 1,400 times more than average worker revealed
APPLE boss Tim Cook earned 1,447 times that of the average worker at his company in 2021.
The staggering figure was revealed by Apple in a report sent to shareholders.
GettyThe 61-year-old Apple boss took home a huge amount of money last year[/caption]
How much does Tim Cook earn?
Cook earned almost $100million (£74million) in 2021.
Apple also revealed that the average pay for employees in 2021 was $68,254 (£50,210).
The median pay for Apple works in 2020 was $57,783 (£42,507).
Cook earned 256 times the average Apple worker that year, meaning he took home around $14.8million (£10.9million) in 2020.
The 61-year-old CEO’s salary is actually $3million (£2.2million).
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The rest of his staggering paycheck mostly came from stocks.
Cook received $82.3million (£60.5million) in stock awards.
He also got another $12million (£8.8million) for helping Apple to hit targets and more money for expenses such as air travel.
In total, the Apple boss earned $98.7million (£72.6million) last year.
He’s been the Apple CEO since 2011 after Steve Jobs stepped down.
Since Cook has been in charge, Apple stock has surged over 1,000%.
In a 2015 interview with Fortune magazine, Cook said he had plans to donate his wealth to charity.
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