Apple CEO Tim Cook inaugurated Apple’s first retail store in Mumbai, India, on April 18, 2023. After that, Tim Cook inaugurated the second retail store in Delhi’s Select Citywalk Mall in Saket. This is Tim Cook’s first visit to India since 2016, and during this visit, he also met the Prime Minister of India, Mr. Narendra Modi.
Looking to repeat what China has done to Apple’s business over the previous 15 years, the tech behemoth is eyeing India’s large market with a rising middle class to drive sales growth and potentially make it a home base for the production of millions of Apple gadgets.
Cook met with many significant people during his tour, including Union Minister Ashwini Vaishnaw and Minister of State for Electronics and IT Rajeev Chandrasekhar. According to insiders, he has asked the government for help in expanding its component supplier base in India and has met with both ministers to discuss manufacturing facilities and an app design and development accelerator in Bengaluru.
Who is Tim Cook?
Tim Cook, or Timothy Donald Cook, is the CEO of Apple, an American multinational tech company headquartered in Cupertino, California. Cook was born on November 1, 1960, in Robertsdale, Alabama. Tim’s father, Timothy D. Cook, worked as a shipyard worker, while his mother, Geraldine, worked at a pharmacy.
Tim has two brothers, Gerald and Michael. Gerald is the oldest of the three, Tim is the second child, and Michael is the youngest. His elder brother, Gerald, worked at the Internal Revenue Service, and he currently works as an analyst at a private firm in North Carolina.
Tim Cook’s younger brother Michael, on the other hand, joined the Air Force after high school, and he currently has an occupation in the maritime industry.
Tim Cook Education
Cook received most of his high school education at Robertsdale High School. Later, he went to Auburn University in Alabama, where he did his graduation in industrial engineering and was graduated in 1982. Cook earned his master’s degree in business administration at Duke University in Durham.
Tim Cook Career
Cook started his career with IBM, where he worked with the company’s Personal Computer Division as a product engineer. He worked at IBM for 12 years and held various leadership positions like vice president of corporate materials, managing the company’s global procurement and supply chain operations.
Cook left IBM in 1998 to join Compaq Computer Corporation as Vice President of Corporate Materials, where he was responsible for managing the company’s global procurement and supply chain activities.
In 1998, at the age of 37, Tim Cook joined Apple as the senior vice president of worldwide operations. Within the first year of joining, Apple made a whopping profit of $309 million and released a sleek iMac. In between 2004 and 2009, Cook served as interim CEO of Apple.
And finally, it was the year 2011, when Steve Jobs stepped down as CEO after 14 years. Under Cook’s leadership, Apple has acquired over 100 companies. In the year 2018, Apple became the first $1 trillion company by market capitalization. Just two years later, it reached $2 trillion in value.
Tim Cook Net Worth
Tim Cook’s net worth will be $1.8 billion, or INR 14000 crores, in 2023. Cook receives an annual salary from Apple, which was $3 million in 2020, as well as other compensation based on the company’s performance, such as stock awards and incentives.
Tim Cook Investments & Properties
Tim Cook owns a few homes, one of which is a $1.9 million condo in Palo Alto, California. He also owns a Porsche Boxter and a BMW 5, and he may possess other unlisted assets.
Tim Cook is also known for his philanthropic and humanitarian activities, and he has been active in a variety of charitable initiatives throughout his career. Cook declared in 2013 that he would devote his whole fortune to charity, and he has since been actively involved in a variety of causes, including education, human rights, and environmental issues.
FAQs Related to Tim Cook
Ans. Tim Cook’s net worth is $1.8 billion or INR 14000 crores.
Ans. Presently Tim Cook is 62 Years old and he was born on November 1, 1960.
Ans. No Tim Cook is not married.
Ans. In the year 2020 it was reported that Tim Cook gets $3 million as salary.