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Apple CEO, Tim Cook come to be a billionaire as soon as the Cupertino-based iPhone maker broke all previous records to become the world’s most valued company at over $1.84 trillion. 

According to Bloomberg Billionaires Index, the net worth of Cook covered $1-billion mark, officially making him a billionaire.  

“Cook owns 847,969 shares directly and took home more than $125 million last year as part of his pay package,” reports the BBC. 

The breakthrough arises 9-years after Tim Cook took over from Steve Jobs, who died in October 2011. 

Last week, Apple exceeded Saudi Arabia’s state-owned oil company Saudi Aramco to become the world’s most valuable company. 

The massive earnings assisted Apple shares closed up 10.47 percent to become the world’s most valuable publicly-traded company, beating the largest oil producer in the world. 

Apple is now closing in on the milestone of being the first company to be valued at $2 trillion.

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Back in 2018, Apple also the first US company to cross the $1-trillion mark. 

However, Cook still has a long way to meet up with other CEOs on the Bloomberg Billionaires’ list, like Amazon Founder and CEO Jeff Bezos ($187 billion), former Microsoft CEO Bill Gates ($121 billion) and Facebook CEO Mark Zuckerberg ($102 billion).