Quite galling that someone worth $1bn donated just 0.5% of his wealth to charity. The average American is worth $70k, so the equivalent of them donating $3,500 of their wealth. What can one person do with $1bn? I guess as a bean counter he is absolutely thrilled to see the value in his bank account grow. And people say Apple isn't greedy.
What a ridiculous post. Do you know what that stock is worth now?
And, your dismissive statement about a person making $70,000 per year donating $3,500 is shocking: you really think that is a trivial sum of money for someone making $70K?*
*(I am ignoring your poor arithmetic, and focusing on your disdain for a $3500 donation by a person making not much more than the national average).
Yes thank you, not sure what Apple's stock has to do with the donations of its CEO. No, I do not think $3500 is a trivial sum of money, and if you think my arithmetic is poor, perhaps you should explain how or go back to school. But it puts into perspective to a certain extent how vast the sum is that Cook has amassed, and how little he donated. Not quite on the same level of Bill Gates for example. Obviously, it's entirely up to him what he donates to and to whom, and I am respectful of the fact that he has pledged to give the majority of his wealth to charity, but actions speak louder than words.
His donations in 2018 & 2020 were Apple shares not cash. So these donations can grow if Apple stock grows? Unless I am understanding this incorrectly?
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