Friday, July 13, 2012

The Richest Woman in Silicon Valley Is...

the widow of Steve Jobs.

According to Forbes ,Laurene Powell Jobs, the wife of late Apple cofounder and tech visionary Steve Jobs, appears on the list for the first time with a net worth of $9 billion.

Ranked at No. 100 on this year’s list, Powell Jobs, now Silicon Valley’s richest woman, oversees a fortune that her husband had largely placed in trusts before he died.

 The Steven P. Jobs Trust, of which Powell Jobs is trustee, is the largest shareholder in Disney. According to a Disney proxy filed with the SEC in January, the Steve P. Jobs trust owned more than 137 million, or 7.7%, of all outstanding common shares of the Burbank, Calif.-based company. Jobs became its largest shareholder when Disney bought his Pixar Studios in 2006, says Forbes.

That's, of course, in addition to her ownership of Apple stock, according to Apple’s latest proxy filed with the SEC in January, Jobs owned approximately 5.5 million shares of the company’s common stock.

She met her husband in Oct. 1989 at a lecture at the Stanford Business School, according to biographer Isaacson.  A new graduate student, Laurene Powell arrived late to Jobs’ talk and, after sitting in the aisle, was ushered to a reserved seat next to her future husband. They were married in Yosemite National Park on March 18, 1991.

4 comments:

  1. she worked for MF Corzine at doing God's work Goldman Sachs

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  2. Most people in 1989-1991 probably thought Steve Jobs as a has-been: having been kicked out Apple, NeXT losing money every year, Pixar not having anything to show, yet("Toy Story" of 1996, the first in a string of hits that ended up making Disney buy Pixar a decade later).

    The lady may well have been instrumental in re-launching Steve Jobs' career as we know it today.

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  3. Hopefully she's not using the money to sterilize the whole world like Melinda Gates.

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