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Is Apple’s Jony Ive cashing out and moving to England?

Published Feb 27th, 2011 3:25PM EST

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The Times of London is reporting that Jonathan Ive, Apple’s senior vice president of product design, could be itching to cash out his Apple’s option grant from 2008 and move with his wife and two kids to the UK. If the article is accurate, Ive’s options are worth about $30 million and would ring up his net worth to around $128 million. The paper quotes a friend of the Ives as saying:

Unfortunately he is just too valuable to Apple and they told him in no uncertain terms that if he headed back to England he would not be able to sustain his position with them … It’s a shame. We hardly ever see anyone at the house.

An Apple spokesperson wouldn’t comment on the option grant part of the story and deemed Jonathan Ive’s desire to move to England as “speculation.”


Jonathan S. Geller
Jonathan Geller Founder, President & Editor-in-chief

Jonathan S. Geller founded Boy Genius Report, now known as BGR, in 2006. It became the biggest mobile news destination in the world by the end of 2009, and BGR was acquired by leading digital media company PMC in April 2010.

Jonathan is President of BGR Media, LLC., and Editor-in-chief of the BGR website.

What started as a side project at the age of 16, quickly transpired into 24-hour days and nights of sharing exclusive and breaking news about the mobile communications industry. BGR now reaches up to 100 million readers a month through the website, syndication partners, and additional channels.