Apple CEO Tim Cook pockets $750 million bonus
(CNN) – Tim Cook is celebrating 10 years as the Apple CEO with a large sum of money.
According to a regulatory filing, he collected – and sold off – more than 5 million shares of Apple stock worth $750 million.
As the leader of the tech giant, Cook has received lofty stock awards in recent years.
One was triggered this week because Apple was an S&P 500 top performer.
The Bloomberg Billionaires Index estimates Cook is worth about $1.5 billion.
He joined Apple in 1998 and served in a variety of senior roles before becoming CEO in 2011 after co-founder Steve Jobs stepped down.
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