Here’s how much Tim Cook earned by selling his Apple shares

Apple CEO Tim Cook has sold 511,000 Apple shares, making it his largest sale in the past two years. He profited $41.5 million after taxes. This move comes as Apple’s valuation has dropped by $628 billion this year. Despite the sale, Cook’s overall stake in the company remains the same, as he received the same number of shares as part of his compensation plan. Cook still owns 3.3 million Apple shares, valued at approximately $565 million. Other Apple executives, Deirdre O’Brien and Katherine Adams, also sold $11 million worth of Apple shares each.