Tim Cook is a Baller

Apple’s CEO Tim Cook was the highest paid CEO for 2011. Reported by the New York Times [via Bloomberg], the data from research firm Equilar tracked Tim’s money flow for 2011. I think you'll be very surprised by the numbers...

Tim Cook made approximately $378 million. WOA…. That’s stupid money. Can you even fathom being that rich? All this money came from different sources including, salary, perks, and bonuses around $1.8 million. Tim was also given a one-time stock grant of $376.2 million that vests in 2016 and 2021.

So between now and 2021, Tim will make the rest of that $376 million in addition to his regular pay. Keep up the good work Tim! Those numbers are crazy! According to Fortune’s Philip Elmer-DeWitt, that works out to be a whopping $103,000 a day! That’s insane. He makes $215 on a three minute trip to the bathroom...

Apple has a great 2011! Since Tim took the CEO spot, Apple’s stock has risen from $375 a share to over $600beating out Google in price per share! Apple is currently the most valuable company with the highest market cap!

Go Apple!

Master your iPhone and iPad: Sign up here to get our FREE Tip of the Day delivered right to your inbox.

I'm 26 years old, married with a wonderful wife, and have a great, beautiful daughter. Oh yeah, and three dogs. I love Apple. iOS and all things Apple are a passion of mine that I strive to convey in every post I make. Blogging recently became a passion of mine in 2011, when I started the site www.macmixing.com. I currently write there and maintain our partnered YouTube channel youtube.com/macmixing.