Steve Jobs Net Worth

Sloane | August 14, 2013






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Steve-Jobs-Plenty-of-CheddarSteve Jobs has an estimated net worth of $10.2 billion dollars.


Steven Paul “Steve” Jobs was an American entrepreneur, marketer, inventor, and co-founder, chairman, chief executive of Disney’s Pixar studio and CEO of Apple Inc. with an estimated net worth of $10.2 billion dollars. Jobs was six feet two inches tall and weighed 165 pounds. Jobs was born February 24, 1955 in San Francisco, California. He was adopted at birth by Paul Reinhold Jobs and Clara Jobs who he referred to as his “parents, 1000%”.

Jobs was a wily child and often played pranks on his fellow students. Because of his test scores he was allowed to skip two grades but his parents elected to only let him skip one. He enrolled in college but dropped off after six months. He spent the next 18 months dropping in on creative classes like calligraphy. Jobs has said that if he did not take that calligraphy course the Mac would never had had multiple typefaces or proportionally spaced fonts.

In 1973 Jobs took a job at Atari, Inc. in California. In 1974 Jobs travelled to India to seek spiritual enlightenment. After seven months, Jobs left India and returned to the U.S. where he began to experiment with psychedelic drugs. Jobs returned to Atari and was assigned to create a circuit board for the arcade game Breakout. Jobs had little knowledge of circuit board designed and asked Steve Wozniak to help him. Wozniak reduced the number of chips by 50 and thus began the beginning of a lifelong partnership.

In 1976 Jobs and Wozniak formed their own business, “Apple Computer Company” where they sold circuit boards. After many turbulent years Jobs enlisted John Sculley from Pepsi-Cola to serve as CEO asking “do you want to sell sugar water for the rest of your life or do you want to change the world?” In the early 1980′s Jobs saw the commercial potential of Xerox PARC’s mouse-driven graphical user interace which led the the invention of the Apple Lisa. A year later Apple employee Jef Raskin invented the Macintosh.

The following year Apple aired their famous television commercial titled “1984″. At the Apple’s annual shareholder meeting Jobs introduced the Macintosh and pandemonium ensued. Although Jobs was a charismatic leader he was erratic and prone to outbursts. As sales declined Jobs and Sculley clashed and a power struggle ensued. Apple’s board of directors removed Jobs from his managerial duties and exiled him to an almost empty warehouse. Jobs stopped coming to work and resigned from Apple. In 1996, Apple announced it would buy NeXT for $427 million. When the deal was finalized Jobs returned and became de facto chief after CEO Gil Amelio was ousted. Jobs ushered in a new era for Apple, developing Mac OS X and the iMac. His aggressive advertising and sleek re-design of Apple products led to an explosion in sales. The company branched out into new digital appliances and created the iPpd, iTunes, the iTunes store and in 2007, the first iPhone.

In August 2011, Jobs resigned as CEO of Apple but remained as chairman of the board. On October 5, 2011 Jobs died in his Palo Alto, California home from complications due to a relapse of previously treated islet-cell neuroendocrine pancreatic cancer.

Jobs net worth could buy:

  1. 25,563,909.77 iPads ($399 each)
  2. 79,069,767.44 iPods ($129.00 each)
  3. 68,000,000 iPhone 5 ($150.00 each)

Jobs has enough net worth to give everyone in the world $1.43. 

About the Author

Written by Sloane

Before joining, Sloane worked as a freelance writer and illustrator for a variety of clients. She attended University of Missouri where she majored in English. Her work has been published in literary magazines, newspapers, and textbooks. She currently resides in Miami, Florida. You can learn more about me on Google +

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