Sihai network

Apple's market value ranks first in the world. Why do Apple billionaires have few employees

4hw.com.cn: on April 13, according to foreign media reports, apple ranked the most valuable company in the world with a market value of about $879 billion. On the contrary, its internal employees are not as rich as people think, and the number of billionaires in the company is not large.

It's not hard to find billionaires in Silicon Valley. Both Arash ferdowsi of Dropbox and Peter Gassner of veeva systems have assets of more than $1 billion this year. The tech industry as a whole accounts for a fifth of Bloomberg's billionaire index, which totals about $1 trillion.

Although Apple's market value has reached $879 billion, making it the most valuable company in the world, it is not easy to find out the billionaires of apple.

According to the company's filings with regulators, art Levinson, chairman of apple, is the only billionaire within apple that has been documented, but Apple shares account for only 20% of its $1bn assets, with the rest of the wealth benefiting from his long tenure at Genentech. It is reported that Levinson is the chairman and CEO of Genentech and holds an early stake in Google.

And no other apple insider is close to that. Tim Cook, chief executive, has $600 million in wealth, reflecting Apple's limited compensation plan relative to the size and performance of the company.