Technology Focus: Did You Make As Much As Tim Cook Last Year?
U.S. taxpayers, the little people in the unforgettable words of the tax cheat Leona Helmsley, are rushing to complete their 2011 returns by April 17.
Hardly anyone else had as good a year as Timothy D. Cook, CEO of Apple (Nasdaq: AAPL) since Aug. 24, whose salary, bonus, 401k and term life insurance payments amounted to $1.64 million.
Considering the median annual earnings for full-time wage and salary earners last year was $39,312, according to the U.S. Bureau of Labor Statistics, Cook, 51, had a good year.