Apple CEO Steve Jobs: $282 million richer in about a month

Apple Store“In September, Steve Jobs’ $5.1 billion earned him the No. 43 spot on Forbes’ list of the 400 richest Americans. Since then, Apple’s shares have rocketed to within orbiting distance their all time high,” Philip Elmer-DeWitt reports for Fortune.

“So Jobs is a lot richer today he was then — more than $282 million richer, at least on paper — but only about half that increase is thanks to Apple,” Elmer-DeWitt reports. “The rest is all Disney.”

Elmer-DeWitt reports, “According to the two companies’ proxy statements, the bulk of Jobs’ net worth is in the form of preferentially owned stock: 5.426 million shares of Apple (most of it from a 2003 grant of 10 million shares, later reduced to pay taxes) [and] 138 million shares of Disney (from when Disney acquired Pixar).”

More info in the full article here.

27 Comments

  1. So you’re fine with Goldman Sachs paying its employees $32 billion in bonuses from taxpayer money?

    You want to use Steve Jobs, who actually contributes something to humanity and the economy, as some kind of argument defending bankster parasites from having their taxpayer-funded pay scrutinized? You think folks here can’t tell the difference between an Apple and a Goldman Sachs?

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