Apple CEO, Tim Cook Vs John Ternus’ Million Dollar Salary And Net Worth, Who’s Richer Among The Duo?

Tim Cook has announced that he will step down from the position of Apple CEO. Tim Cook will be the new executive chairman of Apple’s board of directors. It’s John Ternus who will replace Tim Cook and will become the new Apple CEO.

For the unversed, John Ternus was the VP of the hardware division, and with him taking the position of CEO, people have now been wanting to know more about him. Tim Cook took to his social media handle and shared that John Ternus will be taking his place as Apple CEO, while praising him for his contribution during the 25 years of his career. As John Ternus continues to make headlines, let’s have a look at the duo’s net worth and salaries, respectively.

Who is richer, Tim Cook or John Ternus?

Tim Cook started his career as a VP of worldwide operations and was earning USD 50K per year. His salary eventually increased and reached USD 90K. In 2011, he became Apple CEO, and for a decade his salary was locked at USD 3 million, excluding the stakes, shareholder, incentive and other pay. He currently has a net worth of USD 2.9 billion. Speaking of John Ternus, his salary as a VP of the hardware division has been USD 1 million, and he currently has a net worth of USD 75 million to USD 100 million, as reported.

Speaking about him being the new CEO of Apple, John mentioned that Tim Cook was his mentor and he worked under Steve Jobs as well, and this brings him utmost gratitude that he was offered to lead the organisation, which is filled with world-best talents, who work together to improve the lives of their customers, by bringing new ways of communication. An excerpt from John’s note could be read as:

“I am filled with optimism about what we can achieve in the years to come, and I am so happy to know that the most talented people on earth are here at Apple, determined to be part of something bigger than any one of us. I am humbled to step into this role, and I promise to lead with the values and vision that have come to define this special place for half a century.”

More about John Ternus

John Ternus completed his graduation back in 1997. He holds a B.Sc degree in mechanical engineering from Pennsylvania University. In 1997, he joined a company named Virtual Research Inc, where he worked as an engineer. In 2001, he got associated with Apple and joined the company in the product design team. He got promoted and started working in the hardware division, where he became a VP in the following years.

It’s in 2026, when John took the lead position at Apple, replacing Tim Cook. John kept his personal life details hidden and didn’t reveal them. With people asking about his wife, it’s not possible to know whether he’s married or not. Along with his wife, his personal life history has also been kept hidden. He has remained one of the most influential figures of the company. Apart from that, John Ternus has also been a swimmer and an all-time winner in events like the 50-meter freestyle and the 200-meter individual medley.

What do you think about John Ternus replacing Tim Cook?

Also Read: Who Was Rod Martin? Two-Time Super Bowl Winner And Raiders Star Passes Away At 72