If he had kept them, his net worth at the end of his life would have been closer to $36 billion. At the time of his passing in 2011, Steve Jobs had a net worth of around $10.8 billion. [268] Also, the iPod's success prepared the way for the iTunes music store and the iPhone. [245], Involved in many projects throughout his career was his long-time marketing executive and confidant Joanna Hoffman, known as one of the few employees at Apple and NeXT who could successfully stand up to Jobs while also engaging with him. The buyer, y'all may be interested to know, is indeed Mr. Jobs' sister Ms. Simpson. Later, after I'd met my father, I tried to believe he'd changed his number and left no forwarding address because he was an idealistic revolutionary, plotting a new world for the Arab people. [23] Paul built a workbench in his garage for his son in order to "pass along his love of mechanics. Steve Wozniak's net worth is $100 million. Brave (2012), Pixar's first film to be produced since Jobs's death, honored him with a tribute for his contributions to the studio. But he may have lived longer if he sought proper medical care in time. Since 1998, Apple has phased out the Macintosh name in favor of "Mac", though the product family has been nicknamed "Mac" or "the Mac" since inception. [25][pageneeded], The Macintosh's struggle continued after Jobs left Apple. She said that she regretted giving him up and repeatedly apologized to him for it. Since her husband's death, Powell-Jobs has founded hybrid investment, social impact and . The other third of the time, where we didn't reach consensus, he just let me do it my way, never said anything more about it.[141]. They wanted me to skip the next two years in grade school and go straight to junior high to learn a foreign language, but my parents very wisely wouldn't let it happen." In 1978, he was worth $1 million. If he still owned his original 20% stake in Apple (and was alive), today he would be worth $160 billion. In the coming months, many employees developed a fear of encountering Jobs while riding in the elevator, afraid that they might not have a job when the doors opened. Brennan suggested the name "Lisa" which Jobs also liked and notes that Jobs was very attached to the name Lisa while he "was also publicly denying paternity". That was the time when every college student in the country read Be Here Now and Diet for a Small Planet. By his senior year in late 1971, he was taking freshman English class at Stanford and working on a Homestead underground film project with Chrisann Brennan. That would put Jobs ahead of the world's current richest man, Elon Musk, who has a net worth of $298.7 billion as well as Jeff Bezos, who has a net worth of $195.8, according to Forbes. . What Was Steve Jobs' Net Worth and Salary? [4] He pursued a PhD at the University of Wisconsin, where he met Joanne Schieble, an American Catholic of German and Swiss descent. At the time of his death, on October 5, 2011, Jobs was reportedly worth $10.2 billion. At the time, Apple was trading at the split-adjusted equivalent of $5per share. [25][pageneeded] In response, Jobs then developed a plan to get rid of Sculley and take over Apple. Steven Paul Jobs (February 24, 1955 October 5, 2011) was an American entrepreneur, business magnate, industrial designer, media proprietor, and investor. [247], Since his death, he has won 141 patents, more than most inventors during their lifetimes. In 1986 he also spent $10 million of his own money to purchase a company called The Graphics Group from George Lucas. Bono, Yo-Yo Ma, and Joan Baez performed at the service, which lasted longer than an hour. In mid-1998, those shares were worth a split-adjusted $300 million. Steve's final words were: 'Oh wow. [135][136][137] Upon Jobs's death his shares in Disney were transferred to the Steven P. Jobs Trust led by Laurene Jobs. $45 billion would give Jobs just under one-quarter of the net worth of Amazon's Jeff Bezos $196 billion fortune. [84] It was introduced in 1977 at the West Coast Computer Faire by Jobs and Wozniak as the first consumer product sold by Apple. During his last two years at Homestead High, Jobs developed two different interests: electronics and literature. It is used to play, download, and organize digital audio and video (as well as other types of media available on the iTunes Store) on personal computers running the macOS and Microsoft Windows operating systems. After Brennan returned from her own journey to India, she and Jobs fell in love again, as Brennan noted changes in him that she attributes to Kobun (whom she was also still following). It was also at this time that Jobs displayed a prototype Apple I computer for Brennan and his parents in their living room. Jobs was born in San Francisco to a Syrian father and German-American mother. This marked the first time Steve's net worth was officially worth over onebillion dollars. As a result, Jobs potentially faced a number of criminal charges and civil penalties. Since his death in 2011, the nearly 8% stake has ballooned to $12.7 billion accounting for 90% of Powell Jobs' net worth. Steve Jobs' Death and Last Words. [citation needed] Both Holt and Jobs believed that it would be a good position for her, given her artistic abilities. [279][280] Both men had limited their children's access, age appropriate, to social media, computer games, and the Internet. Steve Jobs left a net worth of $10.2 billion upon his death in 2011, which is impressive considering that he had only been investing for a few years. [116]:322 Windows-based IBM-PC clones also led to the development of additional GUIs such as IBM's TopView or Digital Research's GEM,[116]:322 and thus "the graphical user interface was beginning to be taken for granted, undermining the most apparent advantage of the Macit seemed clear as the 1980s wound down that Apple couldn't go it alone indefinitely against the whole IBM-clone market. [227][228] Each attendee was given a small brown box as a "farewell gift" from Jobs, containing a copy of the Autobiography of a Yogi by Paramahansa Yogananda.[229]. The major innovation of the iPod was its small size achieved by using a 1.8" hard drive compared to the 2.5" drives common to players at that time. IN THAT ORDER! And both got rich -- extremely rich. So they bought Steve's company for $7.4 billion in Disney stock. So much so that in 1997, a small team of senior Apple execs wanted to find a way to bring Steve back in some capacity. [138], After Jobs's death, Iger recalled in 2019 that many warned him about Jobs, that he would bully me and everyone else. [41] Markkula brought Apple to the attention of Arthur Rock, which after looking at the crowded Apple booth at the Home Brew Computer Show, started with a $60,000 investment and went on the Apple board. Using the NeXT Computer, Tim Berners-Lee created the world's first web browser, the WorldWideWeb. Four years later, in 2015, an essay that purported to be Steve Jobs' last speech began circulating. Steve Jobs net worth was $250 million in December 1980, when Apple . Will Smith net worth. This led to the development of the unsuccessful Apple Lisa in 1983, followed by the breakthrough Macintosh in 1984, the first mass-produced computer with a GUI. They loved it, and no one was really in it for the money [] There are people around here who start companies just to make money, but the great companies, well, that's not what they're about. [citation needed], In April 1977, Jobs and Wozniak introduced the Apple II at the West Coast Computer Faire. [255] It aired during the third quarter of Super Bowl XVIII on January 22, 1984, received as a "watershed event"[256] and a "masterpiece". Meanwhile, Apple's stock resurgence proved to be very temporary. When they got to the Neem Karoli ashram, it was almost deserted because Neem Karoli Baba had died in September 1973. [253], Once he joined the Macintosh team, Jobs took over the project after Wozniak had experienced a traumatic airplane accident and temporarily left the company. [90] Decades later, however, Jobs admitted to his biographer Walter Isaacson that "obviously, it was named for my daughter". Steve owned 30 million shares, equal to 78% of the company. He was married to Laurene Powell Jobsand had three daughters named Lisa, Erin andEve, and one son named Reed. Iger wrote, Who wouldn't want Steve Jobs to have influence over how a company is run? Source: Glusea.com. Then Steve also joined Disney to sell Pixar which reports a massive net worth of Steve Jobs. At his request, Jobs was buried in an unmarked grave at Alta Mesa Memorial Park, the only nonsectarian cemetery in Palo Alto. [80] Jobs was not pleased when Markkula recruited Mike Scott from National Semiconductor in February 1977 to serve as the first president and CEO of Apple.[81][82]. Surely Steve Jobs owned a owned massive stake in theiconic company that has revolutionized modern life for billions of people around the world. In 2007, Stanford Social Innovation Review magazine listed Apple among "Americas least philanthropic companies". Currently the company has a market cap of $739.7 billion dollars, and last year they saw over $39 billion dollars in net income. At the moment, Laurene's net worth is $19.5 billion, while Lisa also inherited millions . "[198], In April 2009, Jobs underwent a liver transplant at Methodist University Hospital Transplant Institute in Memphis, Tennessee. Unfortunately, that day has come. Over the course of Jobs's life, under Pixar's creative chief John Lasseter, the company produced box-office hits A Bug's Life (1998); Toy Story 2 (1999); Monsters, Inc. (2001); Finding Nemo (2003); The Incredibles (2004); Cars (2006); Ratatouille (2007); WALL-E (2008); Up (2009); Toy Story 3 (2010); and Cars 2 (2011). [86], As Jobs became more successful with his new company, his relationship with Brennan grew more complex. Jobs helped usher in the era of personal computers and then led a cultural transformation in the way music, movies and mobile communications are obtained. It can be widely assumed that Steve Jobs would have given away none and spent little of his money if he were alive today. Steve Jobs is buried in an unmarked grave located at Palo Alto's Alta Mesa Memorial Park. [18][pageneeded] They married on March 18, 1991, in a Buddhist ceremony at the Ahwahnee Hotel in Yosemite National Park. [287] Malek Jandali is their cousin. #39 Steve Jobs on the 2011 Forbes 400 - Apple cofounder Steve Jobs finally succumbed to cancer at the age of 56 on October 5th, leaving behind a legacy [52][53] Back in 1973, Steve Wozniak designed his own version of the classic video game Pong and gave its electronics board to Jobs. He died on 5 October 2011. . Steve Jobs Net Worth Detail. After his demotion, Steve eventually stopped coming in to work altogether. Many employees at the time described Steve as being "erratic," "temperamental," "unreasonable," and even simply, "a terrible manager.". He was 56 years old. [72] The two decided on the name "Apple" after Jobs returned from the All One Farm commune in Oregon and told Wozniak about his time in the farm's apple orchard. He is widely recognized as a pioneer of the personal computer revolution of the 1970s and 1980s, along with his early business partner and fellow Apple co-founder Steve Wozniak. Despite a long and public journey with the disease, he remained the face ofAppleas he underwent treatment. Moreover, his oldest daughter, Lisa, also received a fair share of the wealth. However, Jobs was confronted after the plan was leaked, and he said that he would leave Apple. And he was too intellectual for the hippies, who just wanted to get wasted all the time. The NeXT Computer was introduced in 1988 at a lavish launch event. Steve Wozniak said in a 2013 interview that while Jobs was at NeXT he was "really getting his head together". Within a year, NeXT (and Jobs) were almost completely out of money and had no product to show for their efforts. In that same speech, Jobs said: If I had never dropped in on that single calligraphy course in college, the Mac would have never had multiple typefaces or proportionally spaced fonts.[50]. We needed a Volkswagen. He took a bunch of us snowshoeing in Yosemite." While the Apple co-founder's salary was $1 in 2010, Jobs' net worth estimate is at least $6.7 billion as of Sept. 6, according to Bloomberg News. It is not surprising to know that Erin is also heir to Steve Jobs' fortune. Brennan's decision, however, was overshadowed by the fact that she realized she was pregnant, and that Jobs was the father. In late January 2021, articles appeared online about Eve Jobs dating Yellow Lights singer Harry Hudson. That really kindled a passion in me for learning things! With its innovative NeXTMail multimedia email system, NeXTcube could share voice, image, graphics, and video in email for the first time. I'll give you five bucks if you finish it.' His first go-around at the helm at Apple, between 1976 and 1985, Jobs was worth millions of dollars. He traveled around Europe and generally grappled with what to do with the rest of his life. Apple went public in 1980 with Jobs the blazing visionary and Wozniak the . Then they made a long trek up a dry riverbed to an ashram of Haidakhan Babaji. [292], Jobs's views and actions on philanthropy and charity are a public mystery. [251], In 1982, after Jobs was forced out of the Lisa project,[252] he took over the Macintosh project, adding inspiration from Lisa. For what characterizes Apple is that its scientific staff always acted and performed like artists in a field filled with dry personalities limited by the rational and binary worlds they inhabit, Apple's engineering teams had passion. After a heated argument, Wozniak threatened that Jobs should "go get himself another computer". [294] Jobs has declined to sign The Giving Pledge, launched in 2010 by Warren Buffett and Bill Gates for fellow billionaires. The final Lisa 2/10 was modified and sold as the Macintosh XL. Steven Jobs was a successful American businessman, industrial designer, media mogul, and investor. Jobs reportedly said to Mona: "You see, Mona [], Laurene is descended from Joe Namath, and we're descended from John Muir. [111] Although its products provided 85% of Apple's sales in early 1985, the company's January 1985 annual meeting did not mention the Apple II division or employees. [295] Bono reported "tens of millions of dollars" given by Apple while Jobs was CEO, to AIDS and HIV relief programs in Africa, which inspired other companies to join.[294]. [281][282], Chrisann Brennan notes that after Jobs was forced out of Apple, "he apologized many times over for his behavior" towards her and Lisa. And she inherited a 7% stake in Disney stock. ", Steve Jobs' Net Worth At The Time Of His Death May Surprise You. A few weeks later, Apple announced it would take back iPods for free at its retail stores. "[240], He is listed as either primary inventor or co-inventor in 346 United States patents or patent applications related to a range of technologies from actual computer and portable devices to user interfaces (including touch-based), speakers, keyboards, power adapters, staircases, clasps, sleeves, lanyards, and packages. When Steve Jobs died, all of his stakes in the companies were given to his wife Lauren Powell and today she is the 20th richest woman in the world . So by the power of basic math, Disney accounted for 78% of Steve's net worth! Jobs owned 5.5 million shares of Apple stock . A frail Jobs continued to introduce new products for a global market in his trademark blue jeans. STEVE Jobs has long been hailed as one of the most prominent tech geniuses of our generation. But how much did this earn Jobs himself? Like NeXT, Pixar also had some tough times in the late 80s/early 90s, but they struck gold with a little 1995 movie called "Toy Story." [288] Jobs later told his biographer that "Mona was not completely thrilled at first to have me in her life and have her mother so emotionally affectionate toward me As we got to know each other, we became really good friends, and she is my family. The sale gave Steve 138 million shares of Disney, which had a market value at the time of $3.7 billion. Steve Jobs died on October 5, 2011, following a battle with pancreatic cancer, aged 56. If we needed a cabinet, he would build it. [102][103] Macintosh engineer Andy Hertzfeld described the scene as "pandemonium". Jobs attended Reed College in 1972 before withdrawing that same year. A video of the service was uploaded to Apple's website. Frugal and brilliant, the late Apple co-founder was also commonly seen as abrasive and sometimes even cheap. Steve Jobs. is 260 feet long and worth $130 million. The net worth of this inventor was estimated to be $10.2 billion at his death, with a large chunks of the wealth shared to his family. ", "Michael Dell Should Eat His Words, Apple Chief Suggests", "11 Presentation Lessons You Can Still Learn From Steve Jobs", "Steve Jobs' black turtleneck reportedly explained in biography", "Wear the Exact Outfit of Steve Jobs for $458", "New questions raised about Steve Jobs's role in Apple stock options scandal", "Apple restates, acknowledges faked documents", "Live from Macworld 2007: Steve Jobs keynote", "Group Wants $7B USD From Apple, Steve Jobs, Executives Over Securities Fraud", "Apple, Steve Jobs, Executives, Board, Sued For Securities Fraud", "Steve Jobs bio sheds light on Obama relationship", "Apple's Jobs has cancerous tumor removed", "Steve Jobs and the Celebrity Diagnosis Complete Guide to Tumors of the Pancreas", "Book raises alarms about alternative medicine", "Steve Jobs Regretted Delaying Cancer Surgery 9 Months, Biographer Says", "Jobs questioned authority all his life, book says (Update)", "Steve Jobs chose herbal medicine, delayed cancer surgery", "Talk of Chief's Health Weighs on Apple's Share Price", "What happened to The Steve we know and love? iTunes is a media player, media library, online radio broadcaster, and mobile device management application developed by Apple. . Steve Jobs died in 2011 on 5th October due to . Laurene Powell in 1991. "[55], During this period, Jobs and Brennan remained involved with each other while continuing to see other people. Richest Actors in the world. Apple co-founder and former Chief Executive Steve Jobs died on October 5, 2011 after battling with a rare pancreatic cancer for many years. He was not fired. [25][pageneeded] The new house (a three-bedroom home on Crist Drive in Los Altos, California) was in the better Cupertino School District, Cupertino, California,[30] and was embedded in an environment even more heavily populated with engineering families than the Mountain View area was. The claim: Steve Jobs' last words were a commentary on wealth. [165] The prognosis for pancreatic cancer is usually very poor;[166] Jobs stated that he had a rare, much less aggressive type, known as islet cell neuroendocrine tumor. "[25][pageneeded] He frequently played pranks on others at Monta Loma Elementary School in Mountain View. From that point forward, they were together, with a few minor exceptions, for the rest of his life. But that's not true! As you probably know by now, over the next 20 years Pixar pumped out non-stop home runs. [195][196], On January 14, 2009, Jobs wrote in an internal Apple memo that in the previous week he had "learned that my health-related issues are more complex than I originally thought". [citation needed] When Jobs was 23 (the same age as his biological parents when they had him)[88] Brennan gave birth to her baby, Lisa Brennan, on May 17, 1978. After some lengthy, and sometimes contentious, negotiations, Apple awarded Steve with 5.5 million shares of Apple. For decades, I'd thought that man would be my father. Although the error was promptly rectified, many news carriers and blogs reported on it,[188] intensifying rumors concerning Jobs's health. [104] The Macintosh was inspired by the Lisa (in turn inspired by Xerox PARC's mouse-driven graphical user interface),[105][106] and it was widely acclaimed by the media with strong initial sales. [7] Jobs's biographer Walter Isaacson states that Schieble's dying father "threatened to disown her if she wed Abdulfattah",[6] so they remained an unmarried couple. [214] A small private funeral was held on October 7, 2011, the details of which, out of respect for Jobs's family, were not made public. Steve Jobs' Net Worth Before Death.