Apple CEO donates R765 million to charity

Tim Cook has announced he will be donating R765 million to various charities

February 3, 2012
Apple logo

Apple founder Steve Jobs would never have done so, but that hasn’t stopped current Apple CEO Tim Cook from donating $100 million (R765 million) to charitable causes.

According the new site The Verge, Cook has donated $50 million (R382.8 million) to Stanford’s hospitals, with $25 million (R191.4 million) for a new main building and $25 million (R191.4 million) for a new children’s hospital. Another $50 million (R382.8 million) has been donated to Product RED, which is a charity that combats diseases such as AIDS, tuberculosis, and malaria.

In this way Cook appears to be more like Microsoft founder Bill Gates rather than his predecessor at Apple, who had previously said he opposed giving away money.

Large donations aren’t the only charitable thing Cook has been busy with however. He has started giving Apple employees big discounts on Apple products and has implemented a charity program that matches donations made by employees up to $10,000 (R76,554) a year.

Read the full story at: Cnet.

Tags: Apple, Bill Gates, Microsoft, Steve Jobs, Tim Cook

Free Email Newsletter:
Subscribe

Shutterstock is the image partner of MyBroadband – technology images can be found here

Join the conversation

Connect with MyBB

twitterfacebookandroidappleblackberrynewsletterfeed

Poll

Will you use an LTE service as a primary broadband connection if data costs are low enough?

View Results

Loading ... Loading ...

More News

Mark Shuttleworth wins R250 million legal battle again SARB

Mark Shuttleworth

Mark Shuttleworth has succeeded in his R250 million court battle against the South African Reserve Bank

The Internet’s most dangerous celebrities

Hacker spyware virus

X Factor judge and pop star Cheryl Cole was named Britain’s “most dangerous celebrity” online Wednesday by a security firm measuring the amount of malicious websites linked to a star’s name

Web Africa doubles ADSL Download Plus data

Web Africa

Web Africa has doubled its Download Plus data for all capped ADSL subscribers

Microsoft GM joins MTN

MTN logo

MTN Group has appointed Mteto Nyati as group chief enterprise officer, effective 1 October 2014

Free MyBroadband Newsletter:
Subscribe
X
bool(true)