The president of Apple, Tim Cook, earned a huge amount of money in 2019 based on the work he puts in to run the American company. Tim Cook has an annual salary of 3 million dollars at Apple, and for the company's performance he received a bonus of 7.67 million dollars, much lower than the 12 million in 2018.
The Apple president also received shares worth $113.5 million, bringing his total compensation for 2019 to $125 million. This is lower than the 136 million dollars recorded in 2018, and this although Apple generated 256 billion dollars in receipts, above its goals.
However, the receipts were not so high that those in Apple's management benefited from the maximum premiums, according to the compensation scheme. On the other hand, the president of Apple received salaries, bonuses and shares worth 960 million dollars in the 8 years he led the company from Cupertino.
"Apple CEO Tim Cook's net worth dropped last year, as the company failed to exceed its financial goals as much as it did in 2018. But it pulled in a total of more than $125 million. "
During this period, Apple generated revenues of well over 1000 billion dollars, so it is normal for its president to receive at least 0.1% of the amount, in various forms. Tim Cook is one of the best paid presidents of companies in the world, and a good part of his wealth is donated annually.
