$Apple(AAPL)$ Tim Cook took over as Apple CEO from Steve Jobs on August 24, 2011. Back then, Apple was valued around $350 billion, and Cook's net worth sat somewhere between $100 million and $400 million, mostly from unvested equity grants tied to the new role. Over the next decade and a half, Apple grew more than 1,300% to reach a historic $5 trillion market cap. That run completely reshaped his personal finances, pushing his net worth to between $2.2 billion and $2.9 billion.
His crossing into billionaire territory in August 2020 stood out because he is a hired executive, not a founder. Cook owns roughly 0.02% of Apple, about 3.28 million shares. Nearly all of his wealth comes from long-term, performance-based stock awards granted over his tenure. His net worth would be even higher today if not for his ongoing philanthropy — he regularly donates millions of dollars in Apple stock to charitable causes.
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