Apple CEO Tim Cook has moved into the billionaire club as the tech firm's share price continues to rise.
Apple's market value is on the rise following good results and optimistic outlook for the tech giants.
Mr. Cook directly owns 847,969 shares and took home over $ 125 million (£ 96 million) last year as part of his salary package.
Last week, Facebook founder Mark Zuckerberg saw his personal wealth reach $ 100 billion (£ 76 billion).
Tech companies including Apple, Facebook, and Amazon saw their profits grow during the coronavirus pandemic as more and more people went online.
Apple based in Silicon Valley is now nearing the milestone of being the first company to be valued at $ 2 trillion. Two years ago it became the first company to be valued at $ 1 trillion.
Mr. Cook took over from Apple founder Steve Jobs nine years ago. His status as a billionaire is based on the shares he owns and the compensation he has been paid to Apple and calculated by the Bloomberg Billionaires Index.
In 2015, he said he planned to give away most of his fortune and has already donated millions of dollars in Apple stock.
Facebook's Zuckerberg similarly made a commitment to giving away most of his stock.
Mr. Zuckerberg, along with Amazon's Jeff Bezos and Tesla's Elon Musk, have amassed their wealth from huge stakes in the companies they founded.
By comparison, Mr Cook's stake in Apple is tiny, around 0.02%.
Based on US federal and state taxes for California, Mr. Cook would face a tax rate of just over 50%, as a high-end worker.
Watches and music
While Apple hasn't revealed innovative new products like its iPhone, the company has still thrived since Mr Cook took over.
He oversaw the development of devices like the iPhone X and Apple Watch, along with new services like Apple Music.
