Apple has announced John Turnus As the new CEO. he will succeed Tim Cook who is at the helm Steve Jobs-The company has been established since 2011.
Cook reportedly said in a statement: “It has been the greatest honor of my life to be the CEO of Apple and to be trusted to lead such an extraordinary company. I love Apple with all my heart, and I am incredibly grateful for the opportunity to work with a team of such smart, innovative, creative and deeply caring people who are unwaveringly committed to enriching the lives of our customers and creating the best products and services in the world.”
Turners is Apple’s longtime hardware chief, and now the company is looking to him to set the direction in an era of artificial intelligence-driven industry change. With Turners taking over, Cook will become executive chairman of the company.
Here’s everything you need to know about John Ternus’ net worth and salary, and how it compares to Tim Cook’s net worth and income from Apple.
John Turners net worth and salary
Ternus’ net worth is estimated to be in the millions of dollars. He served as Apple’s senior vice president of hardware engineering. During this time, the Wall Street Journal reported express His annual base salary is likely to be about $1 million. That’s based on the median salaries of Apple CFO Kevan Parekh, COO Sabih Khan and others.
However, there are other aspects of the compensation package beyond base salary, and the designee receives total compensation of more than $20 million per year. Therefore, Ternus is also likely to earn a similar amount of money each year. This could easily put the net worth into the millions of dollars.
Tim Cook net worth and salary
According to Forbes, Cook’s net worth is estimated to be approximately $2.5 billion as of mid-October 2025. As Apple CEO, he oversaw many key moments, including the launch of new Apple products such as the Apple Watch and wireless AirPods headphones.
Under Cook, Apple’s revenue and profits doubled in the first decade. Under Cook’s leadership, Apple also exceeded the $1 trillion mark in 2018.
According to the Wall Street Journal, Cook’s base salary is $3 million per year. However, factoring in bonuses and stock awards, his gains were much higher. In 2024, Cook earned $74.6 million, and by 2022, Cook’s total income was close to $99 million.
As a result, Cook earns more than Turners as the company’s CEO, and his estimated net worth exceeds that of his current successor.
