Apple CEO Salary: Tim Cook earned 1400 times more than his employees in 2021

How much will be the salary of Tim Cook, the boss of the giant tech company Apple? You can only guess. The fact is that in the year 2021, the salary of Apple boss Tim Cook was 1,447 times the salary of the average employee of the company. According to Reuters, a filing has revealed that Tim Cook has earned a total of $100 million (about Rs 742.31 crore) in the year 2021. According to Apple, the average salary of employees in the year 2021 was $ 68,254 (about Rs 50.66 lakh). According to Reuters, the average salary of Apple employees in the year 2020 was $ 57,783 (about Rs 42.89 lakh) and the pay ratio was 256 times the salary of Tim Cook.

In the last two years, the iPhone maker has benefited a lot from Strong Demand. Apple’s revenue grew more than 30 per cent to $365.82 billion (about Rs 27,15,521 crore) in fiscal 2021. The company’s shares have crossed the $3 trillion mark (about Rs 2,22,69,270 crore) this year in market capitalization.

The special thing is that Tim Cook’s salary is only $ 3 million (about Rs 22.26 crore). This year he was given $82.3 million (approximately Rs.610.92 crore) in stock awards. Apart from this, Tim Cook was given $ 12 million (about Rs 89.07 crore) to meet the company’s goals. $ 1.4 million (about Rs 10.39 crore) was given to him for air travel. Overall Tim Cook earned $ 98.7 million (approximately Rs 732.65 crore). Whereas in the year 2020, his earnings were $ 14.8 million (about Rs 109.86 crore).

Tim Cook took over the reins of the company in August 2011. Earlier Steve Jobs was known by the world as the head of Apple. The company’s stock has risen more than 1000 percent since Tim Cook took office. In September, Tim Cook had received 33,987 stock units as part of a long-term equity plan. They will get more units in the year 2023. In 2015, Tim Cook told Fortune magazine that he plans to donate his money to charity.