Apple CEO Tim Cook Donating Fortune to Charity

In a recent interview with Fortune, Apple CEO Tim Cook revealed that he will be donating his wealth. He currently is worth roughly $112 million, and the restricted stock he holds carries a value of roughly $665 million, and has already been making some donations quietly, but wants to start making bigger splashes. One possible way would be following suit with what Bill Gates did with his wife in starting an entire foundation that will manage his philanthropic endeavors. By being so open about it, Cook is acting differently than Steve Jobs before him. Jobs had gotten criticized for not being known to donate, but after he passed, his wife, Laurene Powell, revealed they had made many donations totaling in the tens of millions in an anonymous fashion.

Source: Engadget