Hong Kong (CNN Business) Apple (AAPL) CEO Tim Cook has become a billionaire as he nears a decade at the helm of the world's most valuable company. Cook's estimated net worth — as calculated by the Bloomberg Billionaires index — leaped as Apple shares jumped last week, inching closer to the $2 trillion markApple's market cap is currently around $1.9 trillion. Its shares are up nearly 54% so far this year to almost $451 each, outperforming the broader market and the S&P 500 tech sector, according to data provider Refinitiv. Amazon AMZN Facebook FB The tech world has produced many billionaires, including the world's richest man,founder Jeff Bezos, andco-founder Mark Zuckerberg, who Bloomberg pegs as worth $100 billion or more. But Google's co-founders, Larry Page and Sergey Brin, who gave up their executive roles in 2019, are worth about $71.7 billion and $69.5 billion, respectively.
Source: CNN August 11, 2020 10:30 UTC