The answer is: 378 million dollars!
How’s that? Well, first he gets his salary which is 900,000 dollars, then a bonus for 900,000 dollars – that was his 2011 salary. On top of that, he has shares worth 376.2 million dollars. This package is for the next 10 years, so he’s guaranteed a good amount of money, even if the shares didn’t count for anything (but they do, oh boy they do, AAPL is over $600 now!!)
If you were working on the Foxconn factory in China, it would take you 60,919 years to make as much money as Tim Cook, according to math done by New York Time.
By the way, this also makes Tim Cook the most well paid CEO in USA. In 2nd place is Larry Ellison who, last year, cashed in 77.6 million dollars. Here’s the entire top 50 list.
I thought Bernioff was the highest paid CEO?
He’s not working for money, he has too much of it!
Wonderful! I just imagine how people can earn so much money. @Peter Lee You are right. He has now got a lot of fortune and even if he stops working it would not affect him much.
Oh my god.. Why has life to be so unfair :S
Having to work 60000 years to make the money a single person makes in a year.
Where are all those money where people are hungry in many places of the world..
Nice work if you can get it. Being a business owner (in this case via being a shareholder) is really the only way for most people to get wealthy, very few people get rich from working for someone else.
Apple is the richest company in the world! Tim Cook is sitting on the right chair!
definitely makes the rest of us feel like chumps, that’s for sure.
OMG so much. Amazing some people can earn this much and there the other half of population still living under poverty without knowing whether they would get other time meal or not. 🙁
Technically, Zuckerberg is chief executive at Facebook. How is HE not on the list?
Tim Cook is the very intelligence person who is at the top place where he is being paid as an CEO in USA. Really, some people earns money very quickly with their skills and creativity.