Apple CEO Tim Cook to donate entire fortune
Apple chief executive officer Tim Cook said he plans to donate his $800m fortune to charity after paying his 10-year-old nephew's college education, according to Fortune.
Apple Inc.
$167.04
13:09 18/04/24
-0.57%
-$0.96
Nasdaq 100
17,394.31
12:15 18/04/24
-0.57%
-99.31
"You want to be the pebble in the pond that creates the ripples for change," Cook told the magazine.
Nevertheless, he did not specify to which philanthropic causes he will donate the money to.
The magazine calculates his fortune rises up to $800m, including $665m holdings of Apple stock.
You may also enjoy reading:
Apple plans iPhone trade-in with Foxconn in China