Tim Cook has been one of the most influential business leaders in the technology industry, serving as Apple’s CEO for 15 years after succeeding Steve Jobs in 2011. However, Apple’s leadership changed in September 2026, when Cook stepped down as CEO and John Ternus became the company’s new chief executive. Cook remains closely connected to Apple as executive chairman of its board.
With this leadership transition, interest in Tim Cook’s salary and net worth remains high. His wealth has been built primarily through his long career at Apple, executive compensation, stock awards and investments.
Tim Cook Salary as Apple CEO
During his final full year as Apple CEO, Tim Cook received approximately $74.3 million in total compensation for 2025. His package included a $3 million base salary, approximately $57.5 million in stock awards, $12 million in non-equity incentives and about $1.76 million in other compensation.
This figure highlights an important point about CEO compensation: the base salary is only a small part of the total package. For Cook, Apple stock awards and performance-related compensation represented the majority of his annual earnings.
Tim Cook’s New Salary
Following the leadership transition, Cook is no longer receiving compensation as Apple’s CEO. Instead, he has become executive chairman.
For fiscal 2027, Apple has set Cook’s new compensation at approximately $47 million, consisting of a $2 million annual salary and a targeted $45 million equity award. The equity component includes both time-based and performance-based restricted stock units.
Although this represents a significant reduction compared with his 2025 CEO compensation, it remains a substantial package and reflects Cook’s continuing role in Apple’s strategic affairs.
What Is Tim Cook’s Net Worth?
Estimates of Tim Cook’s net worth in 2026 vary depending on Apple’s share price and how different sources calculate his assets and holdings. Recent estimates have placed his wealth at roughly $2.9 billion, while other estimates have reported lower figures.
The variation is normal because a large portion of an executive’s wealth can be tied to stocks whose market value changes daily. Cook’s Apple holdings, accumulated compensation and other investments are therefore important factors in determining his current net worth.
Who Is Apple’s New CEO?
Apple’s new CEO is John Ternus, the company’s former senior vice president of Hardware Engineering. Apple announced the succession plan in April 2026, with Ternus officially taking over on September 1, 2026.
Ternus’s initial compensation package includes a $3 million annual salary and a targeted $55 million equity award for fiscal 2027, with much of the equity tied to performance.
How Tim Cook Built His Wealth
Cook joined Apple in 1998 and eventually became chief executive in 2011. His expertise in operations and supply-chain management played an important role in his rise through the company.
As CEO, Cook received substantial stock grants and performance-based awards. Apple’s enormous growth during his tenure also increased the value of equity connected to his compensation.
Unlike some technology billionaires, Cook does not own a massive percentage of Apple. His wealth has instead been accumulated through executive compensation, investments and long-term ownership of company shares.