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Tim Cook's wealth cannot be doubted. He heads a company whose value recently reached one trillion dollars. Still, you would be hard-pressed to find ostentatious signs of wealth. It is said that he likes to shop discounted underwear and he invests his money in his nephew's school fees.

Tim Cook's net worth is estimated at $625 million - most of which is due to Apple stock. As much as this may seem like a respectable amount to us, the truth is that the net worth of his colleagues, such as Mark Zuckerberg, Jeff Bezos or Larry Page, reaches tens of billions of dollars. But Cook claims that money is not his motivation.

Cook's real fortune is even higher than the estimated one - information about his property, investment portfolio and other items are not publicly known. Despite Apple currently being the most valuable traded company on earth, the only known billionaire associated with the Cupertino company is Laurene Powell Jobs, the widow of Apple co-founder Steve Jobs.

In 2017, Cook received an annual salary of $3 million as Apple's CEO, up from $900 in his first year in the position. Despite being a multi-millionaire, Tim Cook leads a remarkably modest life, his privacy is carefully guarded and the public knows very little about him.

"I want to remember where I come from, and living modestly helps me do that," admits Cook. "Money is not my motivation," supplies.

Since 2012, Tim Cook has lived in a $1,9 million, 2400-square-foot home in Palo Alto, California. By the standards there, in which the average price of the average house is 3,3 million dollars, this is modest housing. Cook spends most of his time in the office. He is famous for his remarkable lifestyle, which includes getting up at 3:45 a.m. and immediately sitting down to catch up on emails. At five in the morning, Cook usually hits the gym—but never the one that's part of the company's headquarters. For work reasons, Cook travels a lot - Apple invested $93109 in Cook's private jet last year. Privately, however, the Apple director does not travel long distances – he prefers to visit Yosemite National Park. One of the few vacations that is publicly known, Cook spent in New York with his nephew, in whose education he plans to invest. After his death, according to his own words, he wants to donate all his money to charity. “You want to be that pebble in the pond that stirs up the water so that change can happen,” he told Fortune in a 2015 interview.

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Source: Business Insider

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