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.
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).
