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Steve Jobs Net Worth

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Steve Jobs Net Worth

Steve Jobs was an entrepreneur and inventor, best known as the co-founder, chairman, and CEO of Apple Inc. Through Apple, he was widely recognized as a charismatic pioneer of the personal computer revolution and for his influential career in the computer and consumer electronics fields, transforming “one industry after another, from computers and smartphones to music and movies…” Steve Jobs also co-founded and served as chief executive of Pixar Animation Studios; he became a member of the board of directors of The Walt Disney Company in 2006, when Disney acquired Pixar.

In the late 1970s, Apple co-founder Steve Wozniak engineered one of the first commercially successful lines of personal computers, the Apple II series. Steve Jobs was among the first to see the commercial potential of Xerox PARC’s mouse-driven graphical user interface, which led to the creation of the Apple Lisa and, one year later, the Macintosh. Steve Jobs also played a role in introducing the LaserWriter, one of the first widely available laser printers, to the market.

After a power struggle with the board of directors in 1985, Steve Jobs left Apple and founded NeXT, a computer platform development company specializing in the higher-education and business markets. In 1986, he acquired the computer graphics division of Lucasfilm, which was spun off as Pixar. He was credited in Toy Story (1995) as an executive producer. Steve Jobs served as CEO and majority shareholder until Disney’s purchase of Pixar in 2006.

In 1996, after Apple had failed to deliver its operating system, Copland, Gil Amelio turned to NeXT Computer, and the NeXTSTEP platform became the foundation for the Mac OS X. Steve Jobs returned to Apple as an advisor, and took control of the company as an interim CEO. Jobs brought Apple from near bankruptcy to profitability by 1998.

As the new CEO of the company, Steve Jobs oversaw the development of the iMac, iTunes, iPod, iPhone, and iPad, and on the services side, the company’s Apple Retail Stores, iTunes Store and the App Store. The success of these products and services provided several years of stable financial returns, and propelled Apple to become the world’s most valuable publicly traded company in 2011. The reinvigoration of the company is regarded by many commentators as one of the greatest turnarounds in business history.

In 2003, Steve Jobs was diagnosed with a pancreas neuroendocrine tumor. Though it was initially treated, he reported a hormone imbalance, underwent a liver transplant in 2009, and appeared progressively thinner as his health declined. On medical leave for most of 2011, Steve Jobs resigned in August that year, and was elected Chairman of the Board. He died of respiratory arrest related to his metastatic tumor on October 5, 2011.

Steve Jobs received a number of honors and public recognition for his influence in the technology and music industries. He has been referred to as “legendary”, a “futurist” or simply “visionary”, and has been described as the “Father of the Digital Revolution”, a “master of innovation”, and a “design perfectionist”

How Steve Jobs Made His Money – Entrepreneur and Inventor

Estimated Net Worth: $11 Billion

Birthday: February 24, 1955

[image via Matthew Yohe]

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