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Ask HN: What Happened to Steve Jobs' Shares of Apple Stock?
I was watching the Netflix documentary about Bill Gates and was fascinated by the wealth he acquired. There was a magazine shown where he and Jobs where on the cover, and it got me wondering what happened to Jobs' wealth after he died.
- benologist 7y agoHe was survived by his wife and offspring. His wife is ranked the 29th most powerful woman in the world and has a net worth in the 20 billion-ish range. https://en.wikipedia.org/wiki/Laurene_Powell_Jobs https://en.wikipedia.org/wiki/Laurene_Powell_Jobs
- elpakal 7y ago> Powell Jobs inherited the Steven P. Jobs Trust, which as of May 2013 had a 7.3% stake in The Walt Disney Company worth approximately $11.1 billion, and 38.5 million shares of Apple Inc. As of 2018, Powell Jobs and her family are ranked 40th in the Forbes' annual list of the world's billionaires. According to the same list, she is the richest woman in the technology industry.
- ksec 7y agoIt is also important to note most of Steve Jobs's worth were from Disney, and not Apple. But if you read anything about Steve Jobs, he probably doesn't care whether there is an extra digit for his wealth.
- skinnymuch 7y agoScrewing over employees over stock matters though of course!
- raverbashing 7y agoAll possessions of a person go to their estate upon death. But in the case of "high-net worth individuals" these are usually transferred to a foundation or trust before succession. (The exception is usually accidental deaths, in this case it goes to the estate and is subject of inheritance taxes)
- eaenki 7y agohttps://www.graphic.com.gh/images/2017/august/01/jobswidow.jpg https://www.graphic.com.gh/images/2017/august/01/jobswidow.j...