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Home General Charity

Apple CEO joins the “give it all away” club

Paul Femi Balo by Paul Femi 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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Tags: Applecharitytim cook
Paul Femi Balo

Paul Femi Balo

Paul Femi Balo is the founder and publisher of TechBooky. He covers artificial intelligence, African technology, digital infrastructure, enterprise technology and the global digital economy.

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