No, it sounds like we’re not paying them enough if we can’t distract them from their massive fortune!
~100 million/year says he isn't.
It all comes down to how you define "useful work" and value. A big part Tim Cooks value is simply being a known factor. You might not like that this is valued more than 1,000 engineers, but that doesn't change the reality of the situation.
He's just not that unique. The employees should be paid more and Tim should be paid less.
His value is being Tim Cook: Apple CEO since 2011. This is something that nobody else on the planet has and 1,000 engineers can't build.