Steve Jobs Net worth and Cause of Dearth

by Bright
Steve Jobs Net worth
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Glusea brings to you Steve Jobs Net worth

Steve Jobs Net worth: Steve Jobs was an American entrepreneur, investor and co-founder of Apple Inc. Widely regarded as the “Father of the Digital World”. Refusing to be complacent with a single achievement, he made history in the consumer electronics world with his swoop into the music and cellular industries. The founder of Apple Inc, Pixar Animation Studios and NeXT Inc, Jobs gave life and blood to information technology

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As a master of innovation, he was known for his perfectionist attitude and futuristic vision. He anticipated trends in information technology and worked hard to incorporate them into his product line. 

With around 346 US patents at his side, Steve Jobs created a cutting edge  in his field with his novel ideas and distinct concepts. During his years at Apple, he led the development of iMac, iTunes, iPod, iPhone and iPad. He was the brain  behind the work of the company’s Apple Retail Stores, iTunes Store, and App Store. 

It may also interest you to know that , with so many options to fall back on, it’s pretty amusing to know that this legendary innovator wasn’t very educated, actually a college dropout, how is that possible? you may ask, the answers to that question will be provided in the course of this article as we will cover everything regarding Steve Jobs’ early life, his journey to success and his net worth prior to his death. 

Steve Jobs Net worth Profile

Net worth: $10 billion 

Full Name: Steve Paul Jobs

Date of Birth: February 24,1955

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Nationality: American

Source of Wealth: Apple Inc., Pixar, NeXT

Years Active: 1955-2011

Early Life

Steve Paul Jobs was born on February 24, 1955, the adopted son of Paul Reinhold and Clara Jobs. His birth parents were Abdulfattah “John” Jandali and Joanne Carole Schieble, who could not raise Steve because their parents opposed to their relationship. Jobs was familiar with the world of mechanics from a young age.

 He spent many hours with his father disassembling and rebuilding electronic devices in the family garage. It was these experiences that gave the little boy tenacity and mechanical skills. After graduating from high school in 1972, he enrolled academically at Reed College but dropped out within six months to take creative lessons, including a course in calligraphy.

Career

His first career change was in 1973 as a technician at Atari, Inc. in Los Gatos, California. In mid-1974 Jobs traveled to India to meet Neem Karoli Baba for spiritual enlightenment. Before he could meet Neem Karoli Baba, the baba died and after a brief hiatus of about seven months, Jobs returned to Atari to create a circuit board for the arcade video game Breakout. 

Together with Wozniak, he developed a circuit board in which around 50 chips were removed from the machine, making it compact. The next step was the development of the digital “blue box”, which enables free long-distance calls. It was the positive response to the Blue Box that instilled in him the need to make a big splash in electronics.

In 1976 he established the “Apple Computer Company” together with Wozniak. Originally the company was mainly focused on the distribution of printed circuit boards. In the same year Wozniak invented the Apple I computer.

 In 1985, disagreements between him and the company’s CEO, John Sculley, resulted in Jobs stepping down from his self-founded company. In the same year he founded NeXT Inc. The company was known for its technical strengths, in particular for its object-oriented software development system. 

In 1986 he acquired the Graphics Group (later renamed Pixar) from Lucasfilm’s computer graphics division. Toy Story was the first animated film to be released after the acquisition.

Interestingly, when Apple acquired NeXT Inc. in 1996, Steve Jobs returned to his own co-founded company as the de facto head of the company and was officially named interim CEO. Several projects were terminated under his leadership. 

He introduced a whole new range of products that greatly increased the company’s sales and made it one of the electronics giants in the world. In 1998, the Apple iMac was introduced to the world. It was the direct result of his return to Apple. iMac underwent an appearance change the following year and the graphite gray Apple iMac was introduced to the world. Since then, iMac has gone through series of variations. 

In 2000 he became Apple’s permanent CEO and adopted the title of iCEO. The story was in the making as the company soon expanded and brought out enhanced digital devices. In 2001, the company entered the music world with the introduction of the iPod, iTunes digital music software, and the iTunes Store. The device was an instant hit, skyrocketing sales and the company’s reputation. 

The first generation of iPods gave way to redesigned consumer-friendly devices like the iPod classic, iPod Nano, iPod Touch, and iPod shuffle. In 2005, with the purchase of Pixar by Disney, he became the largest shareholder in the Walt Disney Company with around 7% of the shares. He was a member of the company’s board of directors.

In 2007 he ventured into iPhone business. With its multi-touch display,  own mobile browser and the integrated iPod, the iPhone revolutionized the way the world viewed a mobile device. In the years that followed, he worked on the iPhone to develop improvised versions.

 In 2008 the iPhone 3G was released with three main features: support for GPS, 3G data and tri-band UMTS / HSDPA; In 2009 the iPhone 3GS was launched. In 2010, he launched the iPhone 4, which was a slimmer model than its successor and included upgraded features like a 5-megapixel camera and a secondary front camera with 4G capability.

 In 2011, the iPhone 4S was released, which included Siri, a virtual assistant capable of speech recognition. In the same year he resigned as CEO of Apple, but continued to serve as chairman of the company’s board of directors.

Family/Death

In 1978 he was blessed by his love partner Chrisann Brennan with a daughter Lisa Brennan Jobs. Although he initially denied being the girl’s father, he later recognized Lisa as his child. 

On March 18, 1991, he married Laurene Powell. The couple were blessed with three children – a son, Reed, and two daughters, Erin and Eve. In 2003 he was diagnosed with pancreatic cancer, which took his life on  October 5, 2011. A funeral took place two days later. He was buried in an unmarked grave in Alta Mesa Memorial Park, the only non-denominational cemetery in Palo Alto.

 The California Governor Jerry Brown declared October 16 to be “Steve Jobs Day”. A bronze statue of him was unveiled in December 2011 at the Graphisoft Company in Budapest.

Facts about Steve Jobs that you did not know

Jobs and friend Steve Wozniak designed  and sold digital blueboxes for hacking phone systems before starting Apple. He admitted using LSD at a young age, claiming the drug made him think differently.

 Jobs was a pescetarian, which meant he ate fish but no other meat. He called his company “Apple” because it was before Atari in the phone book – Atari was the name of the company Jobs worked for before starting Apple. 

He was notorious for his lack of hygiene – it is said that while working at Atari, he never bathed and walked around the office barefoot.

Steve Jobs Net worth

Steve Jobs Net worth was estimated to be $10 billion as at the time of his death. 

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Source: Glusea.com

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