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Apple CEO Tim Cook 's net worth has climbed to over $1 billion, according to calculations by Bloomberg 's Billionaires Index. At a net worth of $1 billion, Cook doesn't rank on the chart of the world's 500 richest people, a list topped by Amazon CEO Jeff Bezos and former Microsoft CEO Bill Gates. According to Bloomberg , Cook's net worth was calculated using regulatory filings and market performance. When former Apple CEO Steve Jobs died in 2011, Apple was valued at approximately $350 billion, and the company has grown significantly under Cook's leadership. Much of Cook's fortune stems from stock awards provided when he took over as CEO. He was awarded with restricted stock units that hav... Full story

10 August