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Apple CEO Tim Cook says he'll donate his fortune to charity
Apple CEO Tim Cook says he'll donate his fortune to charity

Business tycoon-philanthropists Bill Gates and Warren Buffett have some new company: Apple Chief Executive Tim Cook. Cook plans to donate all of his money to philanthropic causes after paying for his 10-year-old nephew's college education, he told Fortune magazine. In an article published Thursday, Cook's net worth was estimated at $120 million, based on his holdings of Apple stock. His restricted stock holdings are worth an additional $665 million if fully vested, according to Fortune. Apple did not immediately comment. Since succeeding Steve Jobs in 2011 as Apple CEO, Cook has made several donations on behalf of the company, including more than $40 million to the Thurgood...

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