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

Join the conversation

Connect with MyBB

twitterfacebookandroidappleblackberrynewsletterfeed

Poll

Are you going to buy an e-tag?

View Results

Loading ... Loading ...

More News

Price promise: matching any offer on any network

Nashua Mobile

Nashua Mobile in hot water for promising to match any cellular offer on any network

China Telecom Global services now in Teraco

Teraco

China Telecom Global services available from vendor neutral Teraco data centre

Surveillance of South Africans a wake up call, says party

GCHQ

The reported surveillance of South African and Turkish delegations during the G20 summit in Britain should serve as a wake up call to government

Microsoft freed millions of computers from criminal botnet

Botnet

Microsoft said that an assault it led earlier this month on one of the world’s biggest cyber crime rings has freed at least 2 million PCs infected with a virus

bool(true)