Despite his newly attained billionaire status, native Alabaman and Apple CEO Tim Cook doesn’t live very lavishly.

Despite his newly attained billionaire status, native Alabaman and Apple CEO Tim Cook doesn’t live very lavishly.

Apple CEO Tim Cook, 59, leads the first company in the world to become worth $1 trillion.
Apple is now worth nearly $2 trillion and, according to calculations by the Bloomberg Billionaires Index, Cook himself has officially reached billionaire status.
But Cook actually is a lot less wealthy than leaders of other, less revenue-generating corporations. While he’s now a billionaire, tech CEOs like Facebook’s Mark Zuckerberg and Oracle’s Larry Ellison are worth tens of billions — largely because they are the founders of the companies they run.
Cook, who is the son of a shipyard worker and a pharmacy employee, has said he’s not motivated by money, and that shows through in what we know about the private CEO’s habits. 
Here’s how Cook made his fortune and what he does with it.

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