Apple CEO Tim Cook plans to donate all of his fortune to charity. This decision was taken after he completed all educational costs nephew – currently aged 10 years – until the day she went to college.
Cook has a very abundant wealth, estimated at USD 785 million. Consists of shares in Apple worth USD 120 million and restricted stock valued at USD 665 million.
Apple boss’s decision adds to the long list of super-rich people who choose to donate his fortune. Bill Gates (Microsoft), Mark Zuckerberg (Facebook), and Larry Ellison (Oracle) are three of them.
Three names were listed on the Giving Pledge website that aims to facilitate the millionaires donate wealth. Warren Buffett, one of the richest men in the world, ever suggest the billionaires to donate his fortune through the site.
Cook name is not registered on the site. He admitted to deliberately not spit donation recipients, as is building a more systematic approach to philanthropy, which is more than just write a check.
Cook wealth is not nothing compared to Bill Gates or Mark Zuckerberg are billions of dollars. But Cook hopes that this decision could make changes