Apple CEO Tim Cook didn’t really make $378 million in 2011

According to the proxy statement Apple (AAPL) filed Monday, the company in 2011 …

  • Paid Cook a salary of $900,017
  • Contributed $14,700 to his 401(K) account
  • Paid life-insurance premiums worth $1,820

That’s how much Tim Cook made in 2011.

Whilst it wasn’t the ‘reported’ $378 million, it was still better than a kick in the pants.

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