Biography & Early Wealth Journey

In a recent profile with Fortune magazine, Apple CEO Tim revealed that after setting aside some money for his nephew's college education, he plans to eventually give away his entire personal fortune to charity. Clearly this is all contingent on Apple's future performance, but there's a very, very good chance that in the near future, Tim will have a very very large fortune to give away.

(Photo by Justin Sullivan/Getty Images)

(Photo by Justin Sullivan/Getty Images)

Based mostly on his options that have vested already, Tim is worth $400 million today. He also owns a whole bunch more shares that are unvested. If his entire options package was fully vested right now, he would be worth $680 million. Under his current contract, Tim will be fully vested in 2021. That's six years from now. If Apple's stock performs as well in the next six years as it has in the previous six years, by 2021 Tim's shares will be worth $1.4 billion.

Primary Income Streams & Multi-Million Contracts

Take out around $200,000 for his nephew's college fund, and Tim will be donating $1,399,800,000 to charity.

Tim now joins the club of fellow uber-rich philanthropists like Mark Zuckerberg, Bill Gates, Warren Buffett and Elon Musk, who have all pledged to give away at least half of their fortune in their life or at the time of their death.

Of course Apple stock could go down. But it's hard to envision a scenario where that would actually happen. If Apple can thrive this much without Steve Jobs, the sky truly may be the limit.

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