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Apple chief executive Tim Cook collects $750 million in final payout

The award depended on how well Apple's shares performed compared to other firms on the S&P 500 stock index

Tim Cook, Chief Executive Officer, Apple
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Tim Cook, Apple CEO, said in 2015 that he plans to give most of his fortune away and has already donated millions of dollars worth of Apple shares

Agencies
Apple Chief Executive Tim Cook has received more than five million shares, worth roughly $750 million, in the technology giant, as he marks 10 years in the job. This is the tenth and final tranche of the pay deal he received a decade ago. 
 
The award depended on how well Apple's shares performed compared to other firms on the S&P 500 stock index. According to Apple's filing with the US Securities and Exchange Commission, Cook was eligible for the award as the company's shares had risen by 191.83 per cent over the last three years.
 
It also noted that Apple's