Apple CEO Tim Cook is now a billionaire

Apple CEO Tim Cook's personal net worth has recently crossed the $1 billion mark, per a new report citing regulatory filings and market estimates.

Credit: Apple
Apple has more than doubled its revenue and profits since Cook took over for Steve Jobs in 2011. Apple's Share price is also up nearly 5% since the beginning of August, and the Cupertino company is on the verge of hitting a $2 trillion market valuation.

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