In a wide-ranging profile of Apple CEO Tim Cook published by Fortune today, Adam Lashinsky reports, “Representing their companies publicly is obligatory for CEOs, but Cook takes public stands on issues including stopping the transmission of AIDS, human rights, and immigration reform. He sees them as opportunities for leadership. ‘You want to be the pebble in the pond that creates the ripple for change,’ he says.”
“To Cook, changing the world always has been higher on Apple’s agenda than making money,” Lashinsky reports. “He plans to give away all his wealth, after providing for the college education of his 10-year-old nephew. There should be plenty left over to fund philanthropic projects.”
“Cook’s net worth, based on his holdings of Apple stock, is currently about $120 million. He also holds restricted stock worth $665 million if it were to be fully vested,” Lashinsky reports. “Cook says that he has already begun donating money quietly, but that he plans to take time to develop a systematic approach to philanthropy rather than simply writing checks.”
Read more in the full article here.
MacDailyNews Take: Tim Cook grows ever more admirable.
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