Apple CEO Tim Cook is now the highest paid CEO in the tech industry with over $133 million made in 2019


Apple CEO Tim Cook is now the highest-paid CEO in the tech industry with over $133 million made in 2019

Timothy Donald Cook is an American business executive, philanthropist, and industrial engineer. Cook is the chief executive officer of Apple Inc. and previously served as the company’s chief operating officer under its co-founder Steve Jobs. According to the new charts published by Bloomberg, Tim Cook made over $133 million last year and gets to the top of the list for the highest-paid tech CEOs.

Cook is second overall, after Tesla’s CEO Elon Musk who made no less than $595 million in 2019. Well, the charts also show the pay of the competitors, Intel CEO Robert Swan with $99 million last year, followed by Alphabet’s Sundar Pichai with over $86 million.

Every one of us knows Apple is currently the most valuable company in the globe, and it makes sense for Tim Cook to also do well. According to these numbers, over $122 million of all the money he received in 2019 comes from stock awards, while his yearly bonus accounts for “just” $7.6 million.

Highest Paid CEOs

In the case of Elon Musk, who leads the charts for 2019, all the money he received comes from option awards. Microsoft’s CEO Satya Nadella also made over $64 million from stock awards, while more than $10.7 million came in the form of a bonus for the 2018 performance of the company.

Apple Inc.’s Tim Cook ranks second, the index shows, mostly thanks to an equity grant he got in 2011. Tom Rutledge, the CEO of Charter Communications Inc., is third. Only one person from finance—Blackstone Group Inc. Chief Operating Officer Jonathan Gray—makes the top 10, with $107.6 million.

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