Despite Apple announcing its first annual decline in revenue, CEO Tim Cook raked in US$145 million ($198m) last year.
Bloomberg’s top 25 S&P 500 CEOs released today revealed Cook’s 2016 take-home pay came mainly from vested stock of 1.26 million shares, valued at US$136m. Those shares were awarded after he became Apple’s CEO in 2011.
Cook had a reported salary of US$8.75m – and his net worth stands at US$785m.
Now, he become highest paid CEO in US.