By Jonathan Davies

Apple CEO Tim Cook says he is "proud to be gay", after publicly revealing his sexuality for the first time.

The Apple boss said he made the announcement in a Bloomberg article to help those who are struggling with their identities.

Mr Cook wrote: "While I have never denied my sexuality, I haven't publicly acknowledged it either, until now. So let me be clear: I'm proud to be gay, and I consider being gay among the greatest gifts God has given me."

Earlier this week, he called on his home state of Alabama to ensure the rights of LGBT people.

"I don't consider myself an activist, but I realize [sic] how much I've benefited from the sacrifice of others," he wrote.

But why is this announcement significant? In May, the New York Times wrote an article and asked the question 'where are the gay chief executives?'. It really struggled to name even one in the top 1000 US companies.

When any famous figure 'comes out' as gay, there is always the argument asking why it should be news at all. But either there is a lack of gay chief executives in the US, or they are yet to reveal their sexuality. Tim Cook highlighted the significance of his own announcement.

"So if hearing that the CEO of Apple is gay can help someone struggling to come to terms with who he or she is, or bring comfort to anyone who feels alone, or inspire people to insist on their equality, then it's worth the trade-off with my own privacy," he said.

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