A big change has begun in Apple. After leading the company for nearly 15 years, Tim Cook is now leaving the post of CEO and will take up the new role of ‘Executive Chairman’. In his place, John Ternes will now be the new CEO of Apple. Tim Cook’s tenure has been historic, because under his leadership Apple’s value increased from $350 billion to $4 trillion.
With this immense success, Tim Cook Has created a very disciplined but luxurious lifestyle. According to Forbes, his net worth is approximately $2.9 billion. He not only has shares of Apple worth crores, but he has also made a huge investment in real estate.
Tim Cook is known for his simplicity and for years he lived in a simple house in Palo Alto, California. However, over the years he has expanded his wealth.
Tim Cook’s real estate empire
Cook’s real estate portfolio reflects the balance between his success and his personal tastes, combining simplicity with the opulence typical of the world’s most successful people.
According to a report by Business Insider, Tim Cook’s residence in Palo Alto is a 2,400 square foot house, which is as simple as it is luxurious. Fortune reported, citing public records, that he had purchased the property in 2010 for $1.9 million. This house is located near the former residence of Steve Jobs and close to Apple’s headquarters. Additionally, it is also close to the estate of Larry Ellison, one of the richest men in the world.
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Other information related to Tim Cook’s properties has been kept private to a great extent, but according to reports, he also has a very luxurious ‘Desert Mansion’ in La Quinta. According to the report of ‘Business Insider’, he had bought this luxurious property for 10 million dollars.
The home is an unmatched example of modern luxury, with five bedrooms and six bathrooms, as well as a custom-made billiards table, a grand infinity pool and a swim-up bar. This area is so special that Tim Cook’s neighbors include world famous celebrities like Kourtney Kardashian, Cindy Crawford, Kris Jenner and Phil Knight. This makes it clear that being one of the most influential CEOs in the world, Tim Cook lives a very dignified and stylish life along with simplicity.
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