How much would Steve Jobs’ fortune be worth if he were still alive today? We analyze this and other related questions in this article.
We just told you on iPadizate about a story in which a thief got Steve Jobs’ iPad and left it in the hands of a clown. The story of this article It’s very different and focuses on “what would have been” if the Apple co-founder were still alive and how much money he would have had at that timeCoincidentally, this week it was announced that Apple CFO Luca Maestri will be stepping down at the end of 2024. We are living in a veritable golden age in terms of income and profits.part of this success passed into the hands of Maestri and Now let’s look at it from a different angle.
How much would Jobs’ fortune be worth if he were alive today?
Before reaching the figure that motivated us to write this article, It must be taken into account that much of Steve Jobs’ success was not due to Apple.
Just to remember some of his early days, Jobs founded Apple Computer with Steve Wozniak and Steve Wayne. Thanks to the fact that Woz was a big Star Trek fan and Jobs had a hippie look at the time but loved electronics and music, it was enough for them to become best friends. The first created the Apple I and the second laid the foundations for the creation of his company and the subsequent sale of products.In 1977, Mike Markkula invested $250,000 to make the dream of two great technology pioneers take flight and become reality.
Steve Jobs and Steve Wozniak next to the first Apple I computer
Between creations, sales, IPOs, layoffs, returns and subsequent investments, Steve Jobs has accumulated a fortune of around $7 billion according to Forbes.. It is emphasized that Most of his fortune came from Disney and the acquisition of Pixar, which was its largest shareholder.As an individual owner at the time, he was worth approximately $4.47 billion in stock in one of the companies that revolutionized the animation industry.
However, This success is credited with his return to Apple. but the reality is that he received a symbolic salary of 1 dollar. Is it possible to live on 1 dollar? The secret was inside since he received Apple shares, no more and no less than 38 million shares.
Steve Jobs talking with John Lasseter at Pixar Animation Studios
What if Jobs hadn’t sold his shares?
If we delve further into the values if certain things had not happened, If Jobs had done nothing with his stock, how much would Jobs’ money be worth if his stock was intact? Given Apple’s stock splits since its IPO in the 1980s and up until his death, Forbes estimates thatafter retaining its initial 7.5 million shares, These would have become 78.9 million shares. Translated into moneyEach share was worth $400 in the fateful October 2011 to make a total value of $31.6 billion with an initial stake of 15%
And today? In the original scenario, Jobs’ 15% stake would have been worth $465 billion today.. Today, Steve Jobs is said to be the richest man in the world. Steve Jobs’ royal fortune was inherited by his widow Laurene Powell Jobs and his first daughter, Lisa Brennan-Jobs.
If we evaluate the Jobs’ widow’s current net worth is estimated at $15.4 billion according to Forbes in July 2024. Curiously, this was seen a few weeks ago due to an incident between the yachts of Jobs and that of the Mexican tycoon Ricardo Salinas Pliego.
Steve Jobs and his wife, Laurene, at home in Palo Alto, California.
Powell Jobs invested his fortune in fundraising initiatives social causes, in addition to environmental justice, immigration and education. He founded the charity Emerson Collective and has acquired interests in various sectors. like the sports field, owning the Washington Capitals, Washington Wizards and Washington Mystics and The Atlantic and Monumental Sports magazines.
Steve Jobs at a working meeting at Apple’s offices
There is no doubt that what Steve Jobs didhis story since he co-founded Apple, his time at Pixar and the many events that surrounded him; is reflected today in this type of stories and especially for what he instilled in the people he worked with, in every auction and in every anecdote that today places Apple and Pixar at the top.
You can follow iPadized on Facebook, WhatsApp, Twitter (X) or check out our Telegram channel to stay up to date with the latest tech news.
