Tuesday, 10 January 2012

Apple CEO Tim Cook Made $377,996,537 In 2011 - by aby benedict

So 2011 year has just ended, and really it was a happy year to all of us, so haven't you asked yourself how much money did Apple's CEO Tim Cook earned by the ending of this year ? Well guess what? A new report from AllThingsD claims that Tim Cook made $377,996,537, great number right:

According to Apple’s 2012 Proxy Statement, Cook received a jaw dropping $377,996, 537 million in total compensation last year — which is $377,996,536 than his late predecessor made.
Cook made a little over $900,000 in salary in 2011, but a massive bonus in restricted stock units vesting in two five-year increments and doled out with his appointment to the CEO slot, sent his total compensation into the stratosphere.

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