New Delhi: Apple CEO Tim Cook is currently in India for the launch of the first store in India. He is in discussion since coming to India. His picture eating vada pav with Madhuri Dixit in Mumbai is getting a lot of headlines. Today, the Apple Store will be inaugurated in Jio World Drive in Mumbai itself. Apple is counted among the most successful CEOs in the world. Tim Cook has been instrumental in taking Apple forward. He was associated with Apple in 1998. Tim Cook is a billionaire. Today Cook’s net worth is $ 1.8 billion i.e. Rs 1,47,50 crore (Tim Cook Net Worth). Despite being a billionaire, Tim Cook lives in a small 2,400-square-foot house in Palo Alto, California.
Tim Cook reached India before the opening of the store. On such occasions, he is meeting various celebrities. First of all, he met Munkesh Ambani, chairman of Reliance Industries. Apart from this, Tick Cook also tried Vada Pav. He has also shared this picture. He was present with Madhuri Dixit on this money.
Why is an Apple Store significant?
Apple could not open a store in India earlier because of regulatory restrictions around single-brand retail. So far, it had stores operated by Indian partners like Imagine and Future World. With the launch of its first two stores, Apple will become a full-stack player in India, managing everything from manufacturing to retail.
Tim Cook is known as a person who likes simplicity. They stay away from much fanfare. This is the reason that instead of living in a luxurious house like other billionaires, he has chosen to live in a small, simple house. Cook has held a number of positions at Apple, including the role of CEO for more than a decade. Tim Cook joined the list of billionaires only in the year 2020. Today Cook’s net worth is $ 1.8 billion (Rs 1,47,50,01,00,000). In the year 2020, his net worth was $ 1.5 billion (Rs 1,22,91,67,50,000).
27 crores annual salary
Tim Cook also has more than 3 million shares of Apple. Apple gave him $ 3.4 million (Rs 27,86,11,300) as salary last year. Apart from this, he got $ 20 million (Rs 1,638,866,000) as a bonus twice in the year. When Tim Cook became the CEO of Apple in 2011, his salary was $ 900,000 (Rs 7,37,50,050). In the year 2021, Tim Cook received Rs 734 crore as salary. Tim Cook gets about 1,500 times more salary than the average Apple employee.
Apple’s stock has risen more than 1,000 percent since Tim Cook became Apple’s CEO
Apple provides Cook with a private plane for all personal and business travel. About Rs 2,58,09,682.50 is spent on this in a year. Apart from this, he gets $ 500,000 (Rs 4,09,72,250) as personal security expenditure.
