Apple CEO Tim Cook, who celebrated his 10th birthday in 2021e birthday at the head of the American giant, received 98.73 million US dollars in salary, bonuses and shares last year, a record for the boss.
This is an increase of nearly 570% from 2020, according to a document filed Thursday with the US stock market policeman, the Securities and Exchange Commission (SEC).
The bulk of the jackpot (US $ 82.35 million) consists of shares granted to Mr. Cook by Apple. The leader also received 12 million for having exceeded the internal financial objectives of the group. Cook’s base annual salary of $ 3 million, meanwhile, remained unchanged from previous years.
The apple brand displays radiant health on Wall Street, where it crossed the $ 3 trillion capitalization mark 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 1174% between Mr. Cook taking office as boss, in August 2011, and the end of September 2021. That’s 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 the magazine ForbesHowever, Tim Cook, 61, is a far cry from the richest leaders in the world.
That ranking is dominated by Tesla boss Elon Musk, with an estimated fortune of $ 271.5 billion, and Amazon founder and ex-CEO Jeff Bezos at the head of a loot valued at 189. , 1 billion.