Wednesday, April 1, 2015

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Apple's Tim Cook intends to become a major philanthropist



Apple's CEO has big-time philanthropy on his list of things to do.


Apple CEO Tim Cook is following in the footsteps of Microsoft co-founder Bill Gates when it comes to philanthropy. Cook said he plans to give away his fortune after paying for his 10-year-old nephew's college, according to Fortune magazine.


"You want to be the pebble in the pond that creates the ripple for change," Cook told the publication.

Cook is part of a group of millionaire and billionaire tech executives who believe in sharing their wealth. Gates is the most well-known philanthropist in the group; with his wife, Melinda, he's donated $30.2 billion, or 37 percent of his net worth, according to Forbes. Facebook CEO Mark Zuckerberg has given away $1.5 billion, or 4 percent of his net worth over his lifetime. Other company chiefs, like Google co-founder Sergey Brin, eBay founder Pierre Omidyar and Intel co-founder Gordon Moore, are known for giving to charity.

Can't help respecting decision of Tim Cook. And I would envy their culture which can be possible this marvelous determination.
 Source - CNET : Apple's Tim Cook plans to donate his wealth to charity

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