Mac Format

Tim Cook’s in the money

Apple CEO gets $89.2 million stock reward

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Thanks to Apple’s sterling performanc­e compared to its rivals, company CEO Tim Cook has been awarded 560,000 Apple shares, coming to a whopping $89.2 million. Apple’s shares hit a record of $159.75 per share in early August, making for a rather nice payout for Cook. However, the CEO did state back in 2015 that he plans to give away most of his fortune to charity.

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