Apple chief Tim Cook is joining Mark Zuckerberg, Bill Gates and other technology titans who have vowed to donate their wealth to charities, according to a report in Fortune magazine. "You want to be the pebble in the pond that creates the ripple for change," Cook was quoted as saying in a Fortune story focused on how he has brought his own winning style of leadership to the iconic California company more than three years ago.
Cook plans to give away his entire fortune, after setting money aside to pay for a 10-year-old nephew's college education, according to the Fortune article available online Friday and to appear in a printed version of the magazine due out at the start of April.
His net worth was estimated at about $120 million, based on the amount of Apple stock he owns. Cook also owns restricted shares that could be worth $665 million if they become fully vested.
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