“Laurene Powell Jobs, the widow of Apple Inc. co-founder Steve Jobs, added $1 billion to her net worth today after Walt Disney Co. surged to a record,” Anders Melin reports for Bloomberg.
“Jobs owns 7.69 percent, or 130.6 million shares, of the Burbank, California-based company through a family trust, according to Disney’s January proxy statement,” Melin reports. “The 51-year-old is the largest shareholder of the world’s biggest entertainment company, and has a $18.5 billion fortune, according to the Bloomberg Billionaires Index.”
“Disney jumped 7.63 percent to close at $101.28 in New York, making it the best performer in the Standard and Poor’s 500 Index. The company reported first-quarter net income rose 19 percent to $2.18 billion, or $1.27 a share, beating the $1.07 a share average of analysts’ estimates compiled by Bloomberg,” Melin reports. “The billionaire also inherited a stake in Apple when her husband died in 2011.”
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