How would you give away that much money so it has a lasting impact? Lump sum would be risky. You would diversify and do it over time. And he is indeed giving it

How would you give away that much money so it has a lasting impact? Lump sum would be risky. You would diversify and do it over time. And he is indeed giving it away. Just quietly. MacRumors reveals that Cook last week donated 10,715 shares to an undisclosed charity. As of the date of the transaction, August 20, 2020 that would put their value at a little over $5M. The gain in value since then means that the shares were worth almost $5.4M as of yesterday’s close. Cook revealed in 2015 that he plans to give away all of his wealth during his lifetime. Cook says that he has already begun donating money quietly, but that he plans to take time to develop a systematic approach to philanthropy rather than simply writing checks. He regularly donates AAPL shares to undisclosed charities.