Apple chief Tim Cook faces shareholder revolt over $99m pay package

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Cook, 61, has a personal fortune of $2.3bn, according to Forbes, and has been a vocal critic of social and economic inequality. He has pledged to give away his fortune before his death.

Last year, Cook took home $3m in salary, and received $82.3m in stock awards, $12m for hitting targets, and another $1.4m for air travel, retirement plan contributions, insurance premiums and other contributions.

Apple has been one of the big winners of the pandemic. Its share price soared as the coronavirus pushed workers online.

In January, it briefly became the first company to be valued at $3tn, it became the first $1tn company in 2018.

But shareholders have become increasingly unhappy with CEO pay deals. Last year a record number of S&P 500 companies failed to attract 50% support from shareholders for their CEO pay deals.