Apple CEO Tim Cook last week donated close to $5 million in Apple stock to an unnamed charity, according to an SEC filing shared today.Cook donated a total of 23,700 shares worth over $489 million at Apple's current closing price of $206.49. There's no word on which charity Cook donated to, as the SEC does not disclose that information.
In the past, Cook has said that he plans to give away the vast majority of his wealth. In a 2015 interview with Fortune, Cook said he had already started donating money quietly and had plans to create a "systematic approach to philanthropy."
Cook at this same time last year also donated $5 million in stock to charity. Following the 2019 donation, Cook continues to own 854,849 shares of Apple stock worth over $176 million.
Tag: Tim Cook
This article, "Apple CEO Tim Cook Donates Nearly $5 Million in Stock to Charity" first appeared on MacRumors.com
Discuss this article in our forums
from MacRumors: Mac News and Rumors - All Stories https://ift.tt/2ZtIZkx
No comments:
Post a Comment
Leave your thoughts....