Photo: Amy Sussman / Getty Images
Tim Cook, Apple’s CEO, is living his best week after meeting 10 years at the helm of the technology giant as he will collect the 10th and final tranche of the salary agreement he received after he took over the top job from the Apple co-founder Steve Jobs .
The bonus consists of 5 million shares that have a value of about $ 750 million dollars , according to a calculation prepared by Bloomberg News.
A statement from the company to the control body of the US Securities Market Commission (SEC) shows that Cook sold most of the shares for more than $ 750 million dollars , according to the BBC.
This performance award depended on the performance of Apple’s shares compared to other companies that are part of the S&P stock index 500, a threshold that the iPhone manufacturer has exceeded with
Related: Tim Cook turns a decade as Apple CEO: how he succeeds after Steve Jobs
The heritage and legacy of Tim Cook
Cook, who has 60 years, currently has with a net worth of about $ 1, 500 millions of dollars that due to the rise in the shares of the Cupertino company that has allowed it to receive better remunerations year after year until it is placed on Bloomberg’s Billionaires List .
Does 10 years when Cook came to the leadership of Apple, it sparked skepticism among investors who initially doubted the ability to outperform Jobs.
However, under his tenure Apple’s revenue has doubled and shares have appreciated more than 1, 100% which has caused its market value to exceed $ 2 trillion.
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Just this year the shares of the company have risen close to a 12% and sales between April and June added more than $ 81, 000 millions of dollars reinforced by an increase in the 50% of iPhone sales .
Last year Cook’s compensation according to the SEC was $ 14. 7 million dollars and from 2015 pledged to donate most of his fortune.
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