Apple CEO Tim Cook out-earns the average American's salary in just 7 hours-to put that into context, he could buy a new $439,000 home in 2 days | Fortune
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Apple CEO Tim Cook out-earns the average American's salary in just 7 hours-to put that into context, he could buy a new $439,000 home in 2 days | Fortune
"Apple, now a $4.1 trillion technology behemoth, has come a long way since its public debut 45 years ago. Under Cook's leadership, it has become the second most valuable company on the planet-and his compensation reflects it. Cook's annual compensation grew to $74.6 million in 2024, an 18% increase from $63.2 million the year before. His eye-watering honeypot is comprised of $58.1 million in stock awards, $12 million in non-equity incentive plan pay, and $1.5 million in other compensation."
"In 2022, Cook received nearly $100 million, largely due to stock awards, but his pay dropped the next year following backlash from Apple staffers and shareholders. With his $74.6 million package, it only takes around seven hours for Cook to outearn the typical U.S. worker-who takes home just $62,088 a year, according to 2025 first quarter wage data from the BLS."
"Within the 30 minutes it takes most people to commute to the office, Cook is already $4,256 richer-more than what most Americans have set aside as emergency savings. While it may take decades for Americans to save for a home, the Apple CEO can afford it after just one weekend. It only takes 2.15 days for Cook to pool up $439,000 in earnings, the median price of a U.S. home, according to a new CEO salary tool from Resume.io."
Apple is a $4.1 trillion technology company and the second most valuable firm globally under Tim Cook's leadership. Cook's total compensation rose to $74.6 million in 2024, an 18% increase from $63.2 million, including $58.1 million in stock awards, $12 million in non-equity incentive plan pay, and $1.5 million in other compensation. Cook received nearly $100 million in 2022 largely from stock awards, with pay later reduced after backlash from Apple staffers and shareholders. The typical U.S. worker earned $62,088 annually in 2025 Q1; Cook out-earns that worker in about seven hours, makes $4,256 in 30 minutes, and can earn $439,000 in roughly 2.15 days.
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