Holding an iPhone (we carry it with ourselves 24/7) and not thinking about its Co-founder is not fair. Yes, you perceived it right. I am talking about Steve Jobs. Steve Jobs was not only CEO and Co-founder of apple company but also an amazing industrial designer, media proprietor, and investor. Let’s have a look at Steve Job’s Net worth.
Brief History:
Steve Jobs, Steve Wozniak, and Mike Markkuka founded the Apple company in 1976. They launched Apple 1 in 1976 and Apple 2 in 1977. The company made 2 million-dollar only by 1978. Jobs was worth over 1 million dollars at the age of 23 in 1978. The Apple company went public in 1980. At that time Jobs was worth 250 million dollars. In 1983, John Sculley was added to the executive team. Jobs was fired from the company in 1895. He sold 99% of his shares (netting around 100 million dollars) to apple company. In 1996, he returned to Apple company and again became CEO.
Steve Job also obtained Lucasfilm’s computers graphic for 10 million dollars. He co-founded the Pixar Animation Studio in 1986. Steve Jobs also owned the title of the largest individual shareholder of The Walt Disney Company by owning 50.1% of the Pixar stock. Steve Jobs owned 7% of the Walt Disney company worth 7.4 billion dollars in 2006. He was also appointed as a board of directors of Walt Disney Company in the Same Year. He held the position until he died in 2011.
The net worth of Steve job at the time of his death:
At the time of his death, his net worth was 10.2 billion dollars. But interestingly, only $2 billion was from apple. The rest of the money came from the Disney Company share that Steve owned in 2006.
Many people wonder what will be Steve Job’s net worth today if he would be alive. Probably, he would be the richest people on earth. Today Apple company makes approximately 2 Trillion dollars. Based on assumptions, it is calculated that he would have a worth of $23 billion today from Apple company shares.
But he would have a net worth of $200 billion from Apple if he never sold his 20% shares.