How Much Is Steve Jobs Worth ?
Steven Paul Jobs is the co-founder and CEO of Apple Inc. He is also the former CEO of Pixar Animation Studios. He is considered a leading figure in both the computer and entertainment industries. Jobs was born on February 24, 1955 in San Francisco.
He was adopted by Paul and Clara Jobs of Mountain View, California. They named him Steven Paul. Paul and Clara also had a daughter, Patty. His biological parents, Joanne Carole Schieble and Abdulfattah Jandali married later and gave birth to Jobs' sister, the novelist Mona Simpson. Jandali was a graduate student from Syria, who became a political science professor.
Jobs attended Cupertino Junior High School and Homestead High School in Cupertino, California and attended after-school lectures at the Hewlett-Packard electronics firm in Palo Alto, California. He was soon hired there as a summer employee and it was here that he met Stephen Wozniak, along with whom just at the age 21 he co-founded Apple in his parents' garage in 1976. In 1972, after completing graduation, he went onto study in Reed College in Portland, Oregon. He dropped out after only one semester but continued with the classes of calligraphy, an art that in the coming years let to the invention of multiple typefaces or proportionally spaced fonts.
In the late 1970s, Jobs co-founded Apple with Wozniak and created one of the first commercially successful personal computers. In the early 1980s, Jobs was among the first to see the commercial potential of the mouse-driven graphical user interface. In 1985, jobs resigned from Apple over control issues with the board of directors and founded NeXT, a computer platform development company specializing in the higher education and business markets. However, after a few years, the company was bought by Apple, which ultimately marked the return of Jobs to Apple as the CEO. In 1986, after attaining the computer graphics division of Lucasfilm Ltd, Steve also became the CEO of Pixar Animation Studios. He retained the position until the studio was acquired by the Walt Disney Company in 2006. Jobs is currently a member of Walt Disney Company's Board of Directors. Steve Jobs was listed as the Most Powerful Businessman of 2007 in the Fortune Magazine.
The accomplishments of Steve Jobs have elevated him to the status of a superstar. Although Gates is richer but Jobs is more popular with the kids. The net worth of Steve Jobs is estimated to be more than 3 billion dollars. In fact, Jobs was worth 200 million dollars by the age of 25 itself. He was also on the cover of Time magazine at 26. Apple now has a market value of 108 billion dollars, which amounts to more than that of Merck, McDonald's or Goldman Sachs. Jobs left the company at the age of 30 in 1985. His return had a powerful influence on the company. 1,000 dollars invested in Apple shares on the day Jobs took over is worth about 36,000 dollars today. The success is not just limited to Apple and its investors but the influence of Jobs' executive skill is visible at Pixar as well. He served there simultaneously as CEO, which led the company to dominate the animation business, giving megahits like ‘Finding Nemo’ and ‘The Incredibles’. The accomplishments of Pixar lured Disney to buy the company in 2006 for 7.5 billion dollars.
Jobs now owns 7.3 percent of Disney, which is worth 4.6 billion dollars, in addition to Apple stock worth 682 million dollars. Jobs is currently on a leave from Apple due to health issues. At just the age of 54, Steve Jobs is not only considered as the most successful CEO but also a global cultural guru, shaping various elements of entertainment that we watch, listen, work or play with.
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