Tim Cook, chief executive officer of Apple Inc., is an affluent American executive with a net worth of $1.5 billion. Recently, he acquired a luxurious and contemporary residence in La Quinta, California. From its intricate outdoor living spaces to its contemporary interior design, this Mediterranean-style mansion is replete with alluring features.

The mansion had been listed for $11.5 million, but the 8-acre lot will likely be worth closer to $15 million in 2023 as the desert real estate market continues to rise. Multiple Listing Service listings indicate that Cook paid more than $10,1 million for the property, despite the rumour that he only paid $9,1 million.

According to reports, the transaction was closed long before the pandemic, roughly four years ago, but the final ownership announcement was made back in 2021.