Billions in Wealth, Millions in Pay: A look at Tim Cook’s earnings story at Apple; all about his net worth and paycheck
Tim Cook Net Worth: In a surprising move, Apple is set to undergo a major leadership transition, as the global tech giant announced on Monday (April 20, 2026) that Tim Cook will step down as chief executive officer in September 2026. He will be succeeded by veteran executive John Ternus, who is set to take over the top role.
The announcement answers long-simmering questions about a successor for 65-year-old Cook, who said he will become executive chairman of the board when he cedes Apple’s CEO position.
