Apple Ceo Tim Cook Made 119 Million Yesterday

Related post: Tim Cook Net Worth That’s right. Just as Apple shares were hitting an all time high of $621, Cook and four other high profile executives sold a little more than 500,000 shares for a grand total of $314.6 million. Cook sold 200,000 shares for $119.7 million. Philip Schiller, Apple’s Senior Vice President of Worldwide Marketing, sold 64,151 shares earning $38.6 million. Peter Oppenheimer, Senior VP and CFO, sold 150,000 shares earning $89.6 million. Robert Mansfield, Senior VP of Hardware Engineering, sold 66,016 shares earning $33.3 million. And finally Senior VP iOS Software Scott Forstall sold 55,849 shares netting him a solid $33.2 million. Oh and by the way, let’s not forget that according to an SEC filing in January, Tim Cook made $378 million in 2011 alone selling shares of Apple. But perhaps he’s kicking himself for not waiting a little little longer! Cook also made $60 million in 2012. For those who doubted the company could survive without Steve Jobs, please recall that at the time of Jobs’ death Apple’s stock was trading at $400. Today it closed at $617.62, a 54.4% increase. As of today’s closing bell, Apple has a market capitalization (think net worth for companies) of $575.85 billion which makes it by far the most valuable company in the world. Apple is more than $150 billion bigger than the second largest company Exxon Mobil. Some day I hope to have as good of a week as Tim Cook. Maybe I’ll win the $500 million mega millions this Friday!