RR Phantom
Location : Wasted Space Job/hobbies : Cayman Islands Actuary
| Subject: Irresponsible idiot: Apple chief Tim Cook Cook to give wealth away Mon Mar 30, 2015 10:47 pm | |
| Apple chief Tim Cook is joining Mark Zuckerberg, Bill Gates and other technology titans who have vowed to donate their wealth to charities, according to a report in Fortune magazine.
"You want to be the pebble in the pond that creates the ripple for change," Cook was quoted as saying in a Fortune story focused on how he has brought his own winning style of leadership to the iconic California company more than three years ago.
Cook plans to give away his entire fortune, after setting money aside to pay for a 10-year-old nephew's college education, according to the Fortune article made available online on Friday and to appear in a printed version of the magazine due out at the start of April.
His net worth was estimated at about $US120 million ($153 million), based on the amount of Apple stock he owns. Cook also owns restricted shares that could be worth $US665 million if they become fully vested.
http://www.smh.com.au/it-pro/business-it/apple-chief-tim-cook-cook-to-give-wealth-away-20150330-1maum7.html |
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