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Tim Cook to Donate Fortune to Charity

 & Angela Moscaritolo Managing Editor, Consumer Electronics

Our team tests, rates, and reviews more than 1,500 products each year to help you make better buying decisions and get more from technology.

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Apple CEO Tim Cook is thinking big when it comes to giving back.

The head of the world's most valuable company is planning to give away his estimated $785 million fortune to charity — but only after paying for his 10-year-old nephew's college education, according to Fortune.

"You want to be the pebble in the pond that creates the ripple for change," Cook told the publication.

Based on his holdings of Apple stock, Fortune estimated Cook's net worth at about $120 million. He also holds restricted stock worth $665 million if it were to be fully vested.

Cook told the magazine he has already been "quietly" donating money to unspecified causes, but plans to adopt a "systematic approach to philanthropy" in the future that goes beyond simply writing checks. The CEO is passionate about issues such as stopping the transmission of AIDS, human rights, and immigration reform.

Known as an intensely private man, Cook has begun speaking more openly as of late about causes such as lesbian, gay, bisexual, and transgender protections. The Apple head honcho, who recently came out as gay, was inducted into the Alabama Academy of Honor late last year, and in his acceptance speech, he challenged his home state to do more to protect the rights of its LGBT community.

"We can't change the past," the CEO said, "but we can learn from it, and we can create a different future."

Meanwhile, besides giving away his fortune, there's another thing Tim Cook was willing to donate — his own liver. The new biography Becoming Steve Jobs claims that Cook offered an ailing Jobs a "portion of his own liver."

"After discovering that he shared a rare blood type with his sick colleague, and undergoing a battery of tests at a hospital 'far from the Bay Area, since he didn't want to be recognized,' Cook offered his liver to Jobs — only for Steve to turn it down," the biography relates.

Other tech CEOs have made similar philanthropy pledges, meanwhile, including Bill Gates and Mark Zuckerberg.

About Our Expert

Angela Moscaritolo

Angela Moscaritolo

Managing Editor, Consumer Electronics

My Experience

I'm PCMag's managing editor for consumer electronics, overseeing an experienced team of analysts covering smart home, home entertainment, wearables, fitness and health tech, and various other product categories. I have been with PCMag for more than 10 years, and in that time have written more than 6,000 articles and reviews for the site. I previously served as an analyst focused on smart home and wearable devices, and before that I was a reporter covering consumer tech news. I'm also a yoga instructor, and have been actively teaching group and private classes for nearly a decade. 

Prior to joining PCMag, I was a reporter for SC Magazine, focusing on hackers and computer security. I earned a BS in journalism from West Virginia University, and started my career writing for newspapers in New Jersey, Pennsylvania, and West Virginia.

The Technology I Use

My little Florida beach bungalow is brimming with smart home tech. I have a smart speaker or display in every room, allowing me to control other connected devices by voice. The Nest Hub on my bedside table lets me set wake-up alarms, control my smart light bulbs, and set the temperature on my smart thermostat. I use the Amazon Echo Show 8 on my kitchen counter to browse recipes, reorder protein powder, check the weather, and watch the news while I do dishes. 

Because I suffer from allergies, air purifiers are essential. My favorite model is the Dyson Purifier Cool TP07, which doubles as a fan and continuously sends indoor pollution data to its companion mobile app. 

My pitbull Bradley sheds, so a good robot vacuum is a must. I currently use a premium Ecovacs Deebot that can both vacuum and mop, empty its own dustbin, and wash its own mop cloth. 

For fitness, I like to mix up my routine with cycling, indoor rowing, running, and strength training in addition to yoga. I take classes on the Tonal 2 smart strength training machine, I row indoors on an Aviron machine, and track my beach runs with an Apple Watch while listening to music on my Apple AirPods Pro. On the weekends, I love riding e-bikes like the rugged, beach-friendly Aventon Aventure for fun and fitness.

My job involves a lot of virtual meetings, so a quality webcam, microphone, and ring light are important. I use the Jabra PanaCast 20 webcam, the Elgato Wave: 3 microphone, and a Yesker tripod ring light. 

As for my preferred phone platform, I'm an iPhone person, but I've also extensively used Android for product testing.

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