Apple CEO Tim Cook, who celebrated his 10th birthday in 2021e anniversary at the head of the American giant, received 98.73 million dollars in salaries, incentives and shares last year, a record for the boss.
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This is an increase of nearly 570% from 2020, according to a document filed Thursday with the US stock market policeman, the SEC.
The bulk of the jackpot ($ 82.35 million) consists of shares granted to Mr. Cook by Apple. The leader also received $ 12 million for exceeding the group’s internal financial targets.
Mr. Cook’s base annual salary of $ 3 million was unchanged from previous years.
The apple brand displays radiant health on Wall Street, where it crossed the threshold of $ 3 trillion in capitalization on Monday, a first in stock market history, before falling below this threshold.
The Cupertino giant once again benefited in 2021 from sales of its flagship product, the iPhone, with the release at the end of 2020 of the first model compatible with 5G, then of its successor last September.
According to the document sent to the SEC, Apple shares soared 1.174% between Mr. Cook’s debut as boss in August 2011 and the end of September 2021.
This is more than three times better than the performance of the S&P 500 over the same period.
With a personal fortune estimated at $ 1.5 billion by Forbes magazine, Tim Cook, 61, is however far from the richest leaders in the world.
This ranking is dominated by Tesla boss Elon Musk, with an estimated fortune of $ 271.5 billion, and Amazon founder and former CEO Jeff Bezos, at the head of loot valued at $ 189.1 billion. of dollars.