How Apple CEO Tim Cook plans to donate his fortune

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Apple CEO Tim Cook Plans To Donate His Fortune

Just before Tim Cook announced details on Apple's latest coveted gadget, the Apple Watch, the CEO sat down with Fortune to discuss filling the late Steve Jobs' shoes and what he's going to do with his estimated nearly $800,000,000 legacy.

In the lengthy interview, Cook -- who took over for Jobs in 2011 -- says he's different from his groundbreaking predecessor. Fortune put together a handy little chart to help visualize those differences.

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How Apple CEO Tim Cook plans to donate his fortune
SAN FRANCISCO, CA - MARCH 9: Apple CEO Tim Cook gestures on stage during an Apple special event at the Yerba Buena Center for the Arts on March 9, 2015 in San Francisco, California. Apple Inc. announced the new MacBook as well as more details on the much anticipated Apple Watch, the tech giant's entry into the rapidly growing wearable technology segment as well (Photo by Stephen Lam/Getty Images)
Apple interim CEO and Chief Operating Officer Tim Cook smiles before the start of the the Apple Worldwide Developers Conference in San Francisco, Monday, June 8, 2009. Cook is the interim CEO while Steve Jobs is out on leave. (AP Photo/Paul Sakuma)
In this July 16, 2010 photo shows Apple's Tim Cook, left, and Steve Jobs, right, during a meeting at Apple in Cupertino, Calif. Cook takes over as CEO for Apple after Jobs resigned. (AP Photo/Paul Sakuma)
Apple CEO Tim Cook during announcement at Apple headquarters in Cupertino, Calif., Tuesday, Oct. 4, 2011. (AP Photo/Paul Sakuma)
SAN FRANCISCO, CA - MARCH 9: Apple CEO Tim Cook stands in front of an MacBook on display after an Apple special event at the Yerba Buena Center for the Arts on March 9, 2015 in San Francisco, California. Apple Inc. announced the new MacBook as well as more details on the much anticipated Apple Watch, the tech giant's entry into the rapidly growing wearable technology segment as well (Photo by Stephen Lam/Getty Images)
Apple CEO Tim Cook smiles before speaking to graduates during George Washington University's commencement exercises on the National Mall, Sunday, May 17, 2015 in Washington. The university awarded Cook with an honorary doctorate of public service. (AP Photo/Alex Brandon)
SAN FRANCISCO, CA - MARCH 9: Apple CEO Tim Cook waves from stage after an Apple special event at the Yerba Buena Center for the Arts on March 9, 2015 in San Francisco, California. Apple Inc. announced the new MacBook as well as more details on the much anticipated Apple Watch, the tech giant's entry into the rapidly growing wearable technology segment as well (Photo by Stephen Lam/Getty Images)
Apple CEO Tim Cook responds to a question during a news conference at IBM Watson headquarters, in New York, Thursday, April 30, 2015. Apple, IBM and Japanese insurance and bank holding company Japan Post have formed a partnership to improve the lives of elderly people in the country. The program will provide iPads with apps designed to help seniors manage day-to-day lives and keep in touch with family members. (AP Photo/Richard Drew)
Apple chief executive and Alabama native Tim Cook, right, and Catherine Randall pose with a plaque during an Alabama Academy of Honor ceremony at the state Capitol Monday, Oct. 27, 2014, in Montgomery, Ala. Cook and seven others, including Alabama football head coach Nick Saban, were inducted into the Alabama Academy of Honor. (AP Photo/Brynn Anderson)
Apple CEO Tim Cook introduces the new Apple iPad Air 2 during an event at Apple headquarters on Thursday, Oct. 16, 2014 in Cupertino, Calif. (AP Photo/Marcio Jose Sanchez)
Tim Cook, CEO of Apple Inc., smiles as he visits the Apple Store during the launch and sale of the new iPhone 6 on Friday, Sept 19, 2014 Palo Alto, Calif. (AP Photo/Tony Avelar)
Tim Cook, CEO of Apple Inc takes a photograph with Apple employees at the Apple Store during the launch and sale of the new iPhone 6 on Friday, Sept 19, 2014 Palo Alto, Calif. (AP Photo/Tony Avelar)
Apple CEO Tim Cook discusses the new Apple Watch and iPhone 6 on Tuesday, Sept. 9, 2014, in Cupertino, Calif. (AP Photo/Marcio Jose Sanchez)
Apple's CEO Tim Cook gestures during a promotional event that marks the opening day of sales of China Mobile's 4G iPhone 5s and iPhone 5c at a shop of the world's largest mobile phone operator in Beijing, China, Friday, Jan. 17, 2014. (AP Photo/Alexander F. Yuan)
Apple CEO Tim Cook speaks during an event to announce new products in San Jose, Calif., Tuesday, Oct. 23, 2012. (AP Photo/Marcio Jose Sanchez)
FILE- In this Wednesday, March 7, 2012, file photo, Apple CEO Tim Cook announces a new iPad during an Apple announcement in San Francisco. Apple CEO Tim Cook is expected to show off new iPhone software, updated Mac computers and provide more details on future releases of Mac software when he kicks off the company's annual conference for software developers on Monday, June 11, 2012. (AP Photo/Paul Sakuma)
FILE - In a Wednesday, March 7, 2012 file photo, Apple CEO Tim Cook announces a new iPad during an Apple announcement in San Francisco. On Tuesday, April 10, 2012, Apple, already the world's most valuable company, hit the $600 billion level for the first time. (AP Photo/Paul Sakuma, File)
Tim Cook, chief executive officer of Apple Inc., right, waves to customers while leaving the sales launch for the iPhone 6 and iPhone 6 Plus at the Apple Inc. store in Palo Alto, California, U.S., on Friday, Sept. 19, 2014. Apple Inc.'s stores attracted long lines of shoppers for the debut of the latest iPhones, indicating healthy demand for the bigger-screen smartphones. The larger iPhone 6 Plus is already selling out at some stores across the U.S. Photographer: David Paul Morris/Bloomberg via Getty Images
Tim Cook, chief executive officer of Apple Inc., left, and the band U2 gesture during a product announcement at Flint Center in Cupertino, California, U.S., on Tuesday, Sept. 9, 2014. Apple Inc. unveiled redesigned iPhones with bigger screens, overhauling its top-selling product in an event that gives the clearest sign yet of the company's product direction under Cook. Photographer: David Paul Morris/Bloomberg via Getty Images
CUPERTINO, CA - OCTOBER 16: Apple CEO Tim Cook speaks during an Apple special event on October 16, 2014 in Cupertino, California. Apple unveiled the new iPad Air 2 tablet, iPad Mini 3 and a Retina iMac. (Photo by Justin Sullivan/Getty Images)
SAN FRANCISCO, CA - JUNE 02: Apple CEO Tim Cook walks off stage after speaking during the Apple Worldwide Developers Conference at the Moscone West center on June 2, 2014 in San Francisco, California. Tim Cook kicked off the annual WWDC which is typically a showcase for upcoming updates to Apple hardware and software. The conference runs through June 6. (Photo by Justin Sullivan/Getty Images)
BEIJING, CHINA - JANUARY 17: (CHINA OUT) Tim Cook, Chief Executive Officer of Apple Inc., visits a China Mobile shop to celebrate the launch of iPhone 5S and iPhone 5C on China Mobile's fourth generation (4G) network on January 17, 2014 in Beijing, China. Apple Inc. and China Mobile Limited, the world's largest carrier with over 760 million subscribers, signed a deal on December 23, 2013 after six years of negotiations. (Photo by ChinaFotoPress/ChinaFotoPress via Getty Images)
Tim Cook, chief executive officer of Apple Inc., displays the iPad Air for a photograph during a press event at the Yerba Buena Center in San Francisco, California, U.S., on Tuesday, Oct. 22, 2013. Apple Inc. introduced new iPads in time for holiday shoppers, as it battles to stay ahead of rivals in the increasingly crowded market for tablet computers. Photographer: Noah Berger/Bloomberg via Getty Images
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According to the chart, Cook "trumpets philanthropy and encourages employee giving" while Jobs "pooh-poohed corporate philanthropy"

Cook intends to carry that philanthropic thread right over into his personal wealth. He's worth about $120,000,000 with an additional almost $700,000,000 in restricted Apple stock. The CEO plans to pay for his nephew's education and give away the rest to charity, which he says he's already doing.

"You want to be the pebble in the pond that creates the ripple for change," Cook said.

When it comes to change, Apple is less of a pebble and more of a boulder. The Apple Watch comes out April 24th and starts at about $350. If you can afford it, the gold one will run you $17,000.

In 2014, Apple said it sold $10,000,000 of the latest iPhone in the first weekend.

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