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This Apple Stock Investor Made $270 Million in 2020
Not CEO Tim Cook, but chairman Art Levinson is Appleâs largest individual shareholder. In 2020, as Apple stock soared 80%, the investorâs 4.6 million shares earned him a whopping $270 million in paper gains.
Author:
Mar 4, 2021
2020 was a tough year for everyone, as the COVID-19 pandemic wreaked havoc across the globe. But at least financially, one Apple investor had 270 million reasons to smile ear-to-ear.
Dr. Art Levinson made bank in 2020. At the start of last year, the investor owned a stock split-adjusted 4.59 million shares of Apple, of which he sold very few in 2021 (a net 2,700 shares, per my estimate).
Shareholders approved Apple s recommended proposals, shot down two that it recommended against, and asked a range of questions at the company s annual shareholder meeting.