Apple CEO Tim Cook turns into a billionaire for the primary time

San Francisco, August 11

Apple CEO Tim Cook has for the primary time grow to be a billionaire because the Cupertino-based iPhone maker broke all earlier information and is now the world’s most valued firm at over $1.84 trillion.

The internet value of Cook has crossed the $1-billion mark, formally making him a billionaire.

Cook, nevertheless, nonetheless has a protracted approach to go to meet up with different CEOs on the Bloomberg Billionaires’ record, like Amazon Founder and CEO Jeff Bezos ($187 billion), former Microsoft CEO Bill Gates ($121 billion) and Facebook CEO Mark Zuckerberg ($102 billion).

“Cook owns 847,969 shares directly and took home more than $125 million last year as part of his pay package,” experiences the BBC.

Apple is now closing in on the milestone of being the primary firm to be valued at $2 trillion.

Last week, Apple surpassed Saudi Arabia’s state-owned oil firm Saudi Aramco to grow to be the world’s most useful firm.

The sturdy earnings report helped Apple shares closed up 10.47 per cent to grow to be the world’s most useful publicly-traded firm, surpassing the biggest oil producer on this planet.

Riding on its rising companies and wearables enterprise, Apple is ready to grow to be the primary firm ever to the touch the $2-trillion valuation mark.

Apple was the primary US firm to cross the $1-trillion mark in 2018.–IANS

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