Apple is counted among the world’s largest companies. Tim Cook is the CEO of this company. Often this thought comes in people’s mind that what will be the salary of Tim Cook and to know the answer, people search extensively on the internet. Perhaps you may not know, but the company releases Tim Cook’s salary figures every year. This time also the company has released the figures regarding his salary and told how much salary the company gave him in 2023.
Let us tell you that CEO Tim Cook earned so much money last year that you cannot imagine it. However, the earnings of 2023 are much lower than those of 2022. According to the company, Tim Cook earned a total of $63.2 million in 2023. If we talk in Indian rupees, Tim Cook earned Rs 523.75 crore last year.
You may be surprised to see Tim Cook’s earnings in 2023, but let us tell you that he earned more money than this in 2022. In 2022, the company earned Rs 9.94 crore for Tim Cook.
Tim Cook made bumper earnings in 2023
Let us tell you that in the figures released by the company regarding Tim Cook’s earnings, it was told that he had set a target of reducing his compensation for 2023 by 40 percent as compared to 2022. The earnings we mentioned are not just part of their salary. If we talk about Tim Cook’s salary only, then the company gives him 3 million dollars as salary.
In 2023, he has earned $46,970,283 in the form of stock awards. Apart from this, he has received non-equity incentive of $10,713,450 and additional compensation of $2,526,112. There has been a decline of about 36 percent in his salary in 2023 compared to 2022. Apple said that Tim Cook’s annual compensation this year has been a total of $63,209,845.
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