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Apple's Tim Cook was second highest paid US CEO in 2019

Credit: Time

Last updated

Apple CEO Tim Cook came in second in a ranking of the highest paid U.S. CEOs in 2019, behind only Tesla's Elon Musk.

The Apple chief executive earned annual compensation totaling $133.7 million in 2019. Cook's base salary that year was $3 million, with $7.7 million in bonuses, $884,000 in perks, and the remaining $122.2 million coming from stock awards.

According to Bloomberg 2019 Pay Index, Cook ranks in second behind Tesla CEO Elon Musk in a list of the highest paid U.S. CEOs.

Musk earned $595.3 million in 2019, about four times higher than Cook. According to Bloomberg, that's primarily because of the pay deal he scored a few years before.

In third place was Tom Rutledge, CEO of Charter Communications, with annual compensation of $116.9 million. Other tech CEOs on the list include Alphabet and Google executive Sundar Pichai, with $86 million in earnings, and Microsoft CEO Satya Nadella with $76 million.

Cook is well-known for his philanthropic tendencies. In 2019, it was reported that he gave away $5 million of owned company stock to an unidentified charity. That comes several years after Cook said he would donate the majority of his wealth to charitable causes in a "systematic approach" to philanthropy.



21 Comments

hentaiboy 14 Years · 1252 comments

#5

Sumit Singh of
Chewy Inc.

🐶+🐱=💲

daven 16 Years · 722 comments

No wonder my Charter internet bill is so high. 

chadbag 13 Years · 2029 comments

Does anyone know if this is actual vested stock or new grants that have yet to vest?  (And what the vesting schedule is)

Kuyangkoh 7 Years · 838 comments

daven said:
No wonder my Charter internet bill is so high. 

Hahahahaha....makes me wonder too

JWSC 7 Years · 1203 comments

Gotta love it.  A $3 million base salary.  And it doesn’t even begin to accurately depict Tim’s true compensation.