It appears you have not yet registered with our community. To register please click here...

Go Back [M] > Madshrimps > WebNews
Apple boss makes a million a day Apple boss makes a million a day
FAQ Members List Calendar Search Today's Posts Mark Forums Read

Apple boss makes a million a day
Thread Tools
Old 23rd May 2012, 06:59   #1
[M] Reviewer
Stefan Mileschin's Avatar
Join Date: May 2010
Location: Romania
Posts: 128,782
Stefan Mileschin Freshly Registered
Default Apple boss makes a million a day

Apple's top sauce Tim Cook is officially the best paid CEO in the US by making a million dollars a day.

Cook topped the list of the best-paid CEOs in the US in 2011 thanks to stock options that put him more than $300 million above his next rival.

According to AFP, Cook made more than $378 million last year. That is about $36 a second. It means that if he has an itch, Apple pays him $100 to scratch it and a morning trip to the loo with the newspaper costs more than your average family earns in a year.

That is not his salary exactly: like Jobs before him, he only claims a dollar salary and collects 90 cents after tax. But he scooped up a cool $376 million in restricted stock grants, based on Apple's stock price at the time.

The head of Oracle, Larry Ellison, came in second place with less than a fifth of Cook's pay. Ellison makes $76 million.

Motorola Mobility chief Sanjay Jha was ranked fifth, at $47 million.

This year Cook is expecting to see his salary climb even more. Apple shares have leapt 29 percent so far this year.
Stefan Mileschin is offline   Reply With Quote

Similar Threads
Thread Thread Starter Forum Replies Last Post
Modern Warfare 3 Makes $400 Million in 24 Hours Stefan Mileschin WebNews 0 14th November 2011 07:03
Apple makes an arse of itself in Japan Stefan Mileschin WebNews 0 7th October 2011 06:25
Apple iPhone 4S makes its way through the FCC? Stefan Mileschin WebNews 0 5th October 2011 06:56
Duke Nukem Forever 'cost 3D Realms boss $30 million jmke WebNews 0 8th October 2010 12:56
Adobe breaks its revenue prediction for Q2, makes $943 million jmke WebNews 0 2nd July 2010 11:53
Apple makes $200+ on each iPad jmke WebNews 8 2nd February 2010 17:03
Apple ads in 2008 cost $486 million jmke WebNews 0 22nd November 2008 23:53
Intel Makes 1 Million 90nm Processors per Week jmke WebNews 0 12th May 2004 23:40

Thread Tools

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

vB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are Off

All times are GMT +1. The time now is 08:17.

Powered by vBulletin® - Copyright ©2000 - 2021, Jelsoft Enterprises Ltd.
Content Relevant URLs by vBSEO