Apple reached Monday at the close of Wall Street a capitalization record high of a little over 1900 billion dollars.
Nine years after he was appointed to the head of Apple and at the moment the group has never won as much in the Stock market, Tim Cook has joined the very closed club of billionaires, according to the agency Bloomberg.
apple reached Monday at the close of Wall Street a capitalization record high of a little over 1900 billion dollars, and could soon become the first u.s. company to surpass the 2000 billion dollars.
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Since the beginning of the year, the title of the giant of Cupertino has increased more than 50%, a symbol of the huge weight of the big technology groups in the square in new york city, who have shot to the top of the market indices since mid-march.
the vast majority of the estimated fortune of Tim Cook, 59 years old, comes from stock that have been granted since its debut at Apple, in 1998. In a document sent to the gendarme american stock in January, it was stated that he had 847 of 969 titles of the Apple, which corresponds to a little more than $ 380 million at the closing price of Monday (450,91 dollars).
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According to calculations made by Bloomberg from regulatory filings, and analysis of the performance of the market, Tim Cook, 59, has also received $ 650 million from previous sales of shares, dividends, and various financial compensations. Except in case of an unlikely fall on Wall Street in the next few days, the director-general of the mark to apple is also expected to receive 560 000 additional shares before the end of the month.
Recalling that Tim Cook was committed in 2015 to do the donation of the greater part of his wealth, Bloomberg states that this could be less than the estimates if the officer has conducted philanthropic activities without disclosing it publicly.
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anyway, Tim Cook is still very far from the top of the ranking of billionaires Bloomberg, dominated by the boss of Amazon Jeff Bezos with 186 billion dollars, followed by the co-founder of Microsoft Bill Gates ($121 billion) and the president and CEO of Facebook Mark Zuckerberg (for 99.7 billion). But Cook has never owned as many actions as these famous leaders, who have all participated in the creation of their respective companies.
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Prior to joining Apple, Tim Cook has held positions at IBM, Intelligent Electronics and Compaq. He was succeeded, in August 2011, the charismatic founder Steve Jobs, which he was until then the right arm. At the time of the death of Steeve Jobs, in October 2011, Apple was worth a little more than $ 350 million to Wall Street.