14 DAY TRIAL // Being a CEO of a tech giant certainly isn’t an easy job, but when getting the paycheck, the whole thing is suddenly something that’s worth the effort.
And Apple CEO Tim Cook can confirm this is the case, as he’s now the highest paid CEO in the tech industry with over $133 million made last year.
This means Cook is second overall, after Tesla’s CEO Elon Musk who made no less than $595 million in 2019.
As far as Apple’s CEO competitors from the tech industry are concerned, the closest in the new charts published by Bloomberg is Intel CEO Robert Swan with $99 million last year, followed by Alphabet’s Sundai Pichai with over $86 million.
Satya Nadella, the CEO of Microsoft, holds the 9th position overall with $77 million in 2019.
Apple is currently the most valuable company in the entire world, so it makes sense for Tim Cook to also do well. According to these numbers, over $122 million of all the money he received in 2019 comes from stock awards, while his yearly bonus accounts for “just” $7.6 million.
Tech industry brings home the bacon
In the case of Elon Musk, who leads the charts for 2019, all the money he received comes from option awards.
Microsoft’s CEO Satya Nadella also made over $64 million from stock awards, while more than $10.7 million came in the from of a bonus for the 2018 performance of the company.
Overall, the tech industry still dominates these charts, and the Bloomberg data shows that no less than 4 in 10 CEOs in the top ten actually come from this sector. Tim Cook, Alphabet Inc.’s Sundar Pichai, Microsoft Corp.’s Satya Nadella and Robert Swan of Intel Corp. together make more than half a billion dollars, and this shows just how well tech companies are doing these days.
According to the same source, Tim Cook has already confirmed he would donate all his money made in 2019.