Charity by Tim Cook
Few years ago, many analysts advised to fire the new CEO of Apple company who came to replace Steve Jobs. But Tim Cook stayed and proved that he is able to manage Apple Company not worse and in some ways even better than its founder.
After becoming CEO of Apple, Tim Cook received 1 million restricted shares of Apple, which cost then was estimated at $375 million dollars. Currently Cook’s fortune is estimated at $800 million dollars. Apple chief often provides funds for donations. In the future he plans to transfer considerable amount to AIDS research and human rights funds.
Last year, Tim Cook donated to charity 50,000 shares of Apple, which was equal to $6.5 million dollars. It is not known whom the general director of Apple donated that amount. Earlier he said that he is planning to donate all his fortune to charity, however, first he needs to pay for the education of his 10 years old nephew.
Also, since 2013, Tim Cook was actively participating in the annual CharityBuzz auctions. In 2013, a coffee date with Apple CEO managed to collect an impressive amount of $610,000 dollars. After that, in 2014 lunch auction ended at $330,001. In 2015, a one-hour lunch at Apple’s headquarters with Tim Cook was sold for $200,000. All of the many were donated to the Robert F. Kennedy Center for Justice & Human Rights a charity that aims to achieve “a just and peaceful world by partnering with human rights leaders, teaching social justice and advancing corporate responsibility”.
Tim Cook supports numerous startup projects and fights for the human rights. At the end of October 2014, Tim Cook publicly declared his non-traditional sexual orientation. Cook explained that he decided to do the confession because many countries still have laws allowing employers to fire people based solely on their orientation.
“It became so clear to me that kids were getting bullied in schools, kids were getting basically discriminated against, kids were even being disclaimed by their own parents, and that I needed to do something. Where I valued my privacy significantly, I felt that I was valuing it too far above what I could do with other people, so I wanted to tell everyone my truth.”