Apple CEO Tim Cook Plans to Give All His Money to Charity

Apple CEO Tim Cook Plans to Give All His Money to Charity

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Apple CEO Tim Cook has revealed that he plans to donate all his money to charity, reports Fortune.

To Cook, changing the world always has been higher on Apple’s agenda than making money. He plans to give away all his wealth, after providing for the college education of his 10-year-old nephew. There should be plenty left over to fund philanthropic projects. Cook’s net worth, based on his holdings of Apple stock, is currently about $120 million. He also holds restricted stock worth $665 million if it were to be fully vested. Cook says that he has already begun donating money quietly, but that he plans to take time to develop a systematic approach to philanthropy rather than simply writing checks.

Cook has already been involved in a lot of charity work both personally and at Apple. He donated donated money to help fund a gay rights campaign in Alabama, Arkansas, and Mississippi. He's worked with Charitybuzz to raise money for RFK Center. He helped Apple raise $20 million in just one quarter for PRODUCT (RED).

Cook also approved donations to local hospitals and instituted a program where Apple will match charitable donations from its employees.

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Apple CEO Tim Cook Plans to Give All His Money to Charity

Wtf - March 29, 2015 at 2:34am
I'm sorry to tell you but gay rights is NOT a charity! There are actual real problems out there with real people that suffer. Just because you come out of the closet doesn't give you special rights to do as you please. Wrong is wrong! Just because everyone thinks it's ok doesn't make it right. Case in point, world war 2 nazi germany.
Exactly - March 29, 2015 at 10:55am
Leo D'silva - March 27, 2015 at 6:50pm
Hello Mr.Cook Mr.Cook I know what you have done is really remarkable and I can say truly remarkable. What you are doing is something I really admire. I hope God blesses people with such open hearts. I hope some of your charities include pre mature babies also. Our baby is also pre mature and god knows what me and my wife are going through. Once again keep up the good work and god bless !!
Tim Cook - March 28, 2015 at 6:22pm
Thank you for your appropriations! - Tim Cook
Really - March 27, 2015 at 5:50pm
How do you donate donated money?
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