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Home General Charity

Apple CEO joins the “give it all away” club

Paul Balo by Paul Balo
March 30, 2015
in Charity, General
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In Brief
  • Reports have it that Apple CEO Tim Cook may be giving his entire fortune worth about $785m/15.6b Naira before he dies.
  • He made this known to Fortune magazine but added that he would fund his 10-year old nephew’s education.
  • This puts him in the class of the Gates, Zuckerbergs and Buffets who have all pledged to give away at least half of their net worth...

Reports have it that Apple CEO Tim Cook may be giving his entire fortune worth about $785m/15.6b Naira before he dies. He made this known to Fortune magazine but added that he would fund his 10-year old nephew’s education. This puts him in the class of the Gates, Zuckerbergs and Buffets who have all pledged to give away at least half of their net worth but of course these last names are all billionaires. Tim Cook’s net worth is about $120m , and he holds restricted stock in Apple worth $665m .

Climate change and HIV causes are closest to his heart. This is just a case of another Tech leader who is dedicated to humanitarian causes. This is most visible among top American leaders with Europe and Asia lagging in charity causes.

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Paul Balo

Paul Balo

Paul Balo is the founder of TechBooky and a highly skilled wireless communications professional with a strong background in cloud computing, offering extensive experience in designing, implementing, and managing wireless communication systems.

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