Tim Cook Made $34 Million This Week Thanks to the iPhone X

[f500link]Apple[/f500link] CEO Tim Cook saw a substantial increase in his net worth when Apple's stock spiked due to the release of the company's new iPhone.

Apple's stock first broke a record when it reached $168.07 Monday before soaring past that thanks to the release of the new iPhone X. The newest iPhone is Apple's most advanced smartphone ever made, released a decade after the original iPhone. Apple's stock ended up hitting an all-time high of $174.10 on Friday before closing at $172.50.