Tim Cook is about to get $750 million richer… at least on paper.
The Apple CEO is set to get the final installment of his agreement he signed with Apple 10 years ago. The payout is in stocks: 5 million shares of Apple shares that is.
With this installment, Cook will see his network exceed $1.5 billion. The New York Post is reporting that part of the installment is a reward for Apple’s stock performing so well.
According to the Post as well, Cook’s tenure as CEO has seen Apple’s revenue more than double.