Apple Founder Steve Jobs had a net worth of $13 Billion USD when he died. Jobs was the Co-founder, chairman, and CEO of Apple.ย Jobs was also the chairman and majority shareholder of Pixar, which is the other reason for his huge wealth.
Steve Jobs Net Worth 2024
Net Worth When he Died | $13 Billion |
Net Worth in Rupees | Rs.1,10,000 Crores |
Annual Income | $650 Million |
Cash in Bank | $4 Billion |
Retirement savings | $3 Billion |
Who inherited Steve Jobs money?
At the time of his death, Steve Jobs passed on his wealth to his wife and four children. Laurene Powell, Steve Jobs’s wife, has received $10 billion of his Assets. The remaining wealth has been distributed to his children in the following manner.
Lisa Brennan-Jobs | $900 Million |
Reed Jobs | $660 Million |
Eve Jobs | $500 Million |
Erin Siena Jobs | $400 Million |
Steve Jobs Salary
As the CEO of Apple, Steve Jobs was earning a $70 million salary annually, making him the highest-paid employee in the world. In addition to this fixed salary, Jobs also received $150 million worth of Apple stock every year, based on sales performance.
Source of Wealth
Steve Jobs became a billionaire primarily through Pixar’s IPO on November 29, 1995, where he owned approximately 80% of the company. The IPO was priced at $22 per share, soaring to $49.50 on its first day, significantly increasing Jobs’s wealth.
After being ousted from Apple in 1985, he sold most of his Apple shares, retaining only about 11% at the time of the company’s IPO in 1980.
By the time of his death in 2011, Jobs owned only 0.24% of Apple, with most of his wealth coming from Disney stock after Pixar’s acquisition in 2006
FAQs
At the time of his death, Steve Jobs had a net worth of $13 Billion.
No. Steve Jobs was earning hundreds of millions of salary in Apple Stock and bonuses.
Rs.1,10,000 Crore Indian Rupees.
The first major investor in Apple was Mike Markkula. He was a former marketing manager at Intel. He invested $2,25,000.