Tim Cook, the CEO of Apple announced in an interview with Fortune magazine that he has big plans for his vast wealth: It’s all going to philanthropy, he revealed. Cook, who’s currently worth around $112 million, and holds restricted stock that could be worth up to $665 million said he’s already been making donations quietly, but he’s also looking forward to taking a deeper approach to the whole endeavor. He could possibly start something a lot like the Bill and Melinda Gates Foundation, which manages the philanthropic efforts of Microsoft co-founder Bill Gates. Cook also plans to cover his nephew’s college education, like the rich uncle that he is. Cook’s open approach to philanthropy differs some from his predecessor Steve Jobs. Jobs was often criticized for not donating as much as people felt that he should. After Job’s death though it was revealed that he actually donated tens of millions of dollars to charity, it was just anonymously. It’s good to see these business titans be truly interested in “giving back”.