4 ms·
If i'm not mistaken, he also became Disney's biggest individual shareholder.
by AnAfrican 11y ago
If i'm not mistaken, he also became Disney's biggest individual shareholder.
- protomyth 11y agoThat deal was on January 25, 2006. He became a board member and: "The transaction was an all-stock deal – making Steve Jobs Disney’s largest shareholder (he owned 50.6% of Pixar at that time; he owned more than 70% of the company when Pixar’s first proxy statement was filed in 1997 but had been diluted by share issuance / option grants over the years). Disney’s proxy statement filed in early 2007 shows that Jobs owned 138,000,007 shares of Disney – enough for a nearly 7% stake in the company. The 10-K for 2006 shows that Disney stock ended the year at ~$30 per share – making Steve’s stake worth more than $4 billion." http://www.gurufocus.com/news/315903/steve-jobs-investment-thats-returned-220x--and-its-not-apple http://www.gurufocus.com/news/315903/steve-jobs-investment-t...