Apple CEO Tim Cook Salary: Everyone knows about America’s multinational technology company Apple. The revolutionary tech giant is currently considered one of the largest companies in the world. According to data published in January, Apple is the world’s highest-grossing tech company. So, it is a given fact that Apple CEO Tim Cook could be one of the top-paid employees of the company.
According to Bloomberg’s Annual Wage Index report, Tim Cook’s annual income in 2020-2021 was $265 million.
Earnings doubled in one year
Apple CEO Tim Cook had annual revenue of $133 million in 2019-2020. The company saw an increase in Tim Cook’s salary in 2019-2020 due to his tremendous profit.
Tim Cook’s annual income of $265 million in 2020-2021 includes his base salary of $3 million, $10.7 million in bonuses, $1 million in his allowance and $250 million in stock awards. His salary without stock awards is around $14.7 million. Having said that, surprisingly Tim Cook is the 8th highest paid CEO in America.
Tesla CEO Elon Musk has an annual income of around $595.3 million.
According to a Fortune Global report, the company has scaled new heights under the leadership of Tim Cook as CEO. In 2020, the company earned $274.515 billion, making a profit of $57.411 billion.
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