1. An apparatus for executing a multi-clipboard, the apparatus comprising: a basic clipboard and a multi-clipboard in which data is stored by implementing a copy or cut operation; a timer which counts an amount of time after a paste menu is activated; a basic clipboard executing unit which pastes the data stored in the basic clipboard if the paste menu is selected before the amount of time counted by the timer is not greater than a predetermined amount of time; and a multi-clipboard executing unit which displays the data stored in the multi-clipboard if the paste menu is selected after the amount of time counted by the timer is greater than the predetermined amount of time.