Apple CEO Tim Cook plans to ultimately give away his fortune. In a recent interview with Fortune Magazine Cook revealed that he has plans to give away a great deal of his immense wealth. While a lot of those donations will likely happen after his death, Cook has already started giving away a good deal of cash. Over time he might create something akin to the Bill and Melina Gates foundation, where LinkedIn says the majority of his money can go and can then be funneled into different philanthropic efforts.
In addition to helping strangers, Cook plans on also helping his family members. The CEO has already committed to paying for his nephew’s college education.Cook wouldn’t be the first Apple CEO to put a ton of money into charity. After his death it was revealed that former Apple CEO and founder Steve Jobs actually gave away a good deal of his fortune while he was still alive. Over twenty years Jobs gave away tens of millions.