Apple CEO Tim Cook is the newest member of the Billionaire’s Club, as his net worth has climbed to over $1 billion, according to calculations by Bloomberg‘s Billionaires Index. Bloomberg says Cook’s net worth was calculated using regulatory filings and market performance.
However, even at $1 billion, Cook doesn’t make the list of the world’s 500 richest people, a list topped by Amazon CEO Jeff Bezos and former Microsoft CEO Bill Gates.
Much of Cook’s fortune stems from stock awards provided wh…
