Despite the fact that Apple currently has a language with a new iPhone, Apple CEO Tim Cook announced a new donation. Tim Cook donated $5 million. Cook, who donated the company’s shares, helped an anonymous charity.
Tim Cook donated 5 million
Although Tik Cook’s donation took place on Friday, it was announced today. No reporting was applied, as no shares were sold. Considering that Apple shares have increased in the said donation, this donation by the CEO reaches 5.4 million.
Tim Cook has already sponsored charity. In 2014, Cook donated significant funds to Project One America as part of a human rights campaign. In the same year, the fund for the purchase of iPad for students and teachers donated 291 thousand 791 to the University of Pennsylvania.
In general, it is known that the CEO of the company is obliged to share the movement of shares. when you help charities. In the case of a donation to any charitable institution, it is not necessary to publicly notify the buyer of the charity.
In 2015 and 2018, Tim Cook sponsored Apple charity events.