APPLE TO DONATE 100% OF ASSETS TO ITS STOCKHOLDERS

Cook
Cook

CUPERTINO, California (The Adobo Chronicles) – The charity bug has finally caught up with tech companies in the Silicon Valley.

Following yesterday’s announcement by Facebook’s Mark Zuckerberg and wife Priscilla Chan that they will be donating 99% of their wealth to charity, Apple has followed suit with an even better deal.

Apple CEO Tim Cook is set to announce today that effective January 1, 2016, the tech giant will donate 100% of its assets to its stockholders, making it the world’s largest asset divestiture in history.

 

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