LGBTQ Heroes: Tim Cook
Already one of the highest profile gay men in the world, Tim Cook is now officially one of the richest.
The chief executive of Apple has seen his personal wealth exceed $1bn as Apple’s value passes the $2tn mark.
Tim Cook owns over 800K shares in Apple. Those shares, plus his other income and dividends has been calculated by the Bloomberg Billionaire’s Index as being worth over $1bn.
By comparison, Mark Zuckerberg, Bill Gates, Jeff Bezos, and Elon Musk are estimated to each be worth more than $100bn.
Who is Tim Cook?
Tim 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.
Cook joined Apple in March 1998 as a senior vice president for worldwide operations, and then served as the executive vice president for worldwide sales and operations. He was made the chief executive on August 24, 2011, prior to Jobs’ death in October of that year. During his tenure as the chief executive, he has advocated for the political reformation of international and domestic surveillance, cybersecurity, corporate taxation, American manufacturing, and environmental preservation.
In 2014, Cook became the first chief executive of a Fortune 500 company to publicly come out as gay. Cook also serves on the boards of directors of Nike, Inc., the National Football Foundation, and is a trustee of Duke University. In March 2015, he said he planned to donate his entire stock fortune to charity.
Cook was born in 1960 in Alabama.
Cook studied industrial engineering at Auburn University and obtained a Master of Business Administration from Duke University.
Cook spent 12 years in IBM’s personal computer business.
He then served as the Chief Operating Officer of the computer reseller division of Intelligent Electronics.
In 1997, he became the Vice President for Corporate Materials at Compaq for six months.
In 1998, Steve Jobs asked Cook to join Apple.
His first position was Senior Vice President for worldwide operations.
In 2007, Cook was promoted to lead operations and served as chief executive in 2009. As Jobs began to take time away from the business due to health issues, Cook was responsible for most of Apple’s day-to-day operations, while Jobs made most major decisions.
After Jobs resigned as CEO, Cook was named the new chief executive officer of Apple Inc. in 2011. Jobs died soon after.
While it was no secret that Cook was gay, it wasn’t something that he spoke publicly about until 2014.