Personal Life and Early Life
Steve Paul Jobs was born to Abdulfattah Jandali and Joanne Schieble on February 24, 1955, and was adopted by Paul and Clara Jobs.
Jobs first met his future wife, Laurene Powell, in 1989, when he delivered a lecture at the Stanford Graduate School of Business, where she was a student. Soon after the incident, he recalled that Laurene “was right there in the first row of the lecture hall, and I couldn’t take my eyes off of her.” Jobs approached her in the parking lot after the presentation and invited her to dinner.
They stayed together for the remainder of his life, with a few small deviations. They married on March 18, 1991, in a Buddhist ceremony at the Ahwahnee Hotel in Yosemite National Park.
Steve Jobs Net Worth
Steve Jobs’ Salary
$1 Per Year
|Net Worth:||$10.2 Billion|
|Salary:||$1 Per Year|
|Date of Birth:||Feb 24, 1955 – Oct 5, 2011 (56 years old)|
|Height:||6 ft 2 in (1.88 m)|
|Profession:||Entrepreneur, Businessperson, Inventor, Designer|
|Nationality:||United States of America|
Jobs returned to his parent’s house in Los Altos in February 1974 and began seeking work. He was quickly employed by Atari, Inc. in Los Gatos, California, where he worked as a technician. Steve Wozniak created his own version of the iconic video game Pong in 1973 and brought it to Jobs. By March 1976, Wozniak had finished the basic design of the Apple I computer and showed it to Jobs, who recommended that they sell it; Wozniak was first dubious but subsequently agreed. Jobs, Wozniak, and administrative supervisor Ronald Wayne created Apple Computer Company in April of the same year (now called Apple Inc.) The operation began in Jobs’ bedroom and then moved to the garage.
Wayne lasted just a brief period, leaving Jobs and Wozniak as the company’s active major cofounders. Later that year, computer vendor Paul Terrell paid $500 for 50 completely constructed Apple Is from them. In total, around 200 Apple I computers was constructed. The Apple 1 was an instant success, paving the way for the Apple II, which was much more successful. Apple’s income was $175,000 in 1976. Revenues increased to $2.7 million in 1977. After $117 million in sales, Apple went public in 1980. Over 300 Apple workers became billionaires as a result of the first public offering.
On January 22, 1984, Apple ran a Super Bowl television advertisement titled “1984,” which concluded, “On January 24th, Apple Computer will debut the Macintosh.” And you’ll understand why 1984 won’t be like 1984.” On January 24, 1984, an emotional Jobs revealed the Macintosh to a hugely ecstatic audience at Apple’s annual shareholders’ meeting. The Macintosh was well praised in the media, and its first sales were substantial. However, the computer’s sluggish processing speed and restricted program selection resulted in a precipitous sales fall in the second half of 1984.
Jobs was driven out of Apple in 1985 when sales of his much-hyped Macintosh computer failed to live up to expectations. Jobs spent the next few years building the computer firm, NeXT (which Apple would later need to purchase for its operating system), and Pixar Animation Studio. Apple purchased NeXT for $427 million in 1997, bringing Jobs back to the company. We can all guess what occurred next. Apple was on the verge of bankruptcy when Jobs launched the iMac, kicking off the rebound that would make him a billionaire several times over and offer the world the iPod, iTunes, iPhone, iPad, AppleWatch, AppleTV, and so on.
Jobs abruptly resigned from Apple on August 24, 2011, with most people assuming it was due to health issues. On October 5, 2011, Steve Jobs died of pancreatic cancer. Tim Cook, a long-time Apple employee, and former Apple COO, took his post.
Steve Jobs Net Worth
Steve Jobs was an American business magnate, industrial designer, and investor. Steve Jobs’s net worth grew to over $250 million by the time he was 25. He was also one of the youngest “people ever to make the Forbes list of the nation’s richest people.
Jobs was worth moreover $1 million in 1978 when he was only 23 years old and two years before the business went public. After Apple went public in December 1980, it was worth $250 million.
He ultimately grew to own 5.5 million shares of Apple. When the stock split 7-1 in 2014. That stake became 38.5 million shares. When the stock split 4-1 in August 2020, that stake became 154 million shares. As of this writing, 154 million shares are worth $20 billion.
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