Steve Jobs’ widow Laurene Powell Jobs is worth $21.3 billion; here’s how she spends her fortune

“Laurene Powell Jobs has become an influential and formidable presence in the investing world,” Áine Cain reports for BusinessInsider. “And she ranks among the richest women in the world, with a net worth of $21.3 billion, according to Forbes. Upon her husband’s death in 2011, Powell Jobs inherited his fortune — primarily shares of Apple and Disney. Her stake in Disney initially made her the company’s largest individual shareholder, but as of 2017 she has reduced her stake by half, according to Variety.”

“In the early 2000s, Powell Jobs started Emerson Collective, an organization named after Ralph Waldo Emerson. The Emerson Collective makes grants and investments that focus on immigration, social justice, and education,” Cain reports. “Emerson Collective projects include AltSchool, a venture-capital-backed school that aims to transform education by personalizing student instruction with technology.”

“In addition to her work with various causes, Powell Jobs has also cultivated a reputation as a major art collector,” Cain reports. “Art News named her one of the 200 top collectors of 2018. She reportedly has a keen interest in contemporary art… Powell Jobs owns a $16.5 million home in San Francisco that boasts six bedrooms, 6 1/2 bathrooms, and incredible views of the city.”

Much more, including a ton of photos, in the full article here.

MacDailyNews Take: We love this story as recounted by David Montgomery in The Washington Post this past June:

One evening in October 1989, [Laurene Powell] and a fellow [Stanford Graduate School of Business] student arrived late for a guest lecture where nearly all the seats were taken. They sat in the aisle, then grabbed seats in the front row. The guest lecturer was led to the seat beside her.

The guest lecturer was led to the seat beside her. “I looked to my right, and there was a beautiful girl there, so we started chatting while I was waiting to be introduced,” Steve Jobs told biographer Walter Isaacson.

It had been Laurene’s friend’s idea to come to the lecture in the first place. “I knew that Steve Jobs was the speaker, but the face I thought of was that of Bill Gates,” she told Isaacson. “I had them mixed up.” After the lecture, Jobs invited her to dinner. They walked to a vegetarian restaurant in Palo Alto and stayed for four hours. In March 1991, when he was 36 and she was 27, they were married in a historic lodge in Yosemite National Park.

SEE ALSO:
Laurene Powell Jobs is inventing a new brand of philanthropic power – June 11, 2018
Laurene Powell Jobs’ Emerson Collective in talks to back BuzzFeed News – February 2, 2018
Laurene Powell Jobs backs ‘Dreamers,’ says ‘hundreds of thousands of young people’s lives are on the line’ – December 8, 2017
Laurene Powell Jobs is buying a big stake in NBA’s Washington Wizards, NHL’s Capitals sports empire – October 3, 2017
Laurene Powell Jobs’ Emerson Collective buying The Atlantic – July 28, 2017

15 Comments

  1. “Powell Jobs owns a $16.5 million home in San Francisco that boasts six bedrooms, 6 1/2 bathrooms, and incredible views of the city.”

    That’s about 3,500 square feet in San Francisco!

  2. “Laurene and I have a wonderful family together. I’ve been very lucky, through random happenstance I just happened to sit next to this wonderful woman, I looked to my right, and there was a beautiful girl there, so we started chatting while I was waiting to be introduced. Afterwards I was in the parking lot with the key in the car, and I thought to myself, ‘If this is my last night on earth, would I rather spend it at a business meeting or with this woman?’ I ran across the parking lot and asked her, “Excuse me, wasn’t there something about a raffle you won, that I’m supposed to take you to dinner?” , She said yes, we walked into town and we’ve been together ever since. And I fell in love with this amazing woman who became my wife.”

    source: Steve Jobs: The Unauthorized Autobiography

  3. And owns the massive liberal The Atlantic paper, and gives money to a lot of leftist causes and candidates… I liked it better when it was Steve’s money and he lived in an older historical home and – mostly – hoarded his money, and ripped on the pubic school system due to its union power and monopoly play. Those were the good times… before the Empire…

    1. Are you going to offer similar criticisms of the Koch brothers and their like… and the astronomical amounts of money they pump into republican politics.
      Hmmm, thought not.

      1. John, why would Bobby or anyone else need to criticize the Koch brothers? We have you and plenty dime a dozen of the Left’s minions be they politicians or news media shrills to do that!

        1. Because if he doesn’t, his pretence of criticizing the spending of money on politics falls apart… and is seen for what it is, that the right wing have the supposed right to speech, politics, power and others do not… a truly sick attitude.

            1. You talk about right wing have the supposed right to speech, politics, power”, but all I hear is the screams from the Left. What veracity would you put on reports that these Judge Kavanaugh protesters cornering Senators in elevators and such are sponsored courtesy of the organization they’re members of aided by the funding of George Soros?

              https://thehill.com/blogs/blog-briefing-room/news/409770-gop-senator-kavanaugh-protestors-are-paid-activists

            2. No they are not. If nothing else, because there are far, far, fewer of them. The influence of corporate America is overwhelmingly to the right. And I would be ecstatic if the law forbade BOTH left and right from massive funding of politics.

              And let’s get to basics… what are the principles that the two sides REALLY espouse. The fact that children no longer work 10+ hours a day seven days a week was NOT due to the ultrarich saying, “You know what… we really must stop exploiting children”. It was due to the work of PROGRESSIVES. Similarly for women acquiring personhood and the right to vote, for blacks, for more and more controls on companies poisoning us, and so on and so on.

              We’ve still got a LONG way to go before a person is simply a person, equal to others, without regard to the color of their skin or what they do in the privacy of their own home, or any one of numerous other factors. But the steps to fairness and equality are made by progressives while man-baby, wizzened turtle face and the rest of them drag their heels every step of the way while doing everything possible to line the pockets of their ultrarich sponsors who already have more than they could spend in a hundred lifetimes.

          1. There is no presence. His gripe is with her spending it on Leftist causes. She can spend it on whatever and whomever she chooses. But the source of her wealth would not have flourished in a world she is helping to build.

    2. I have never understood why people feel that their opinion of how people live and spend their money privately (as long as it hurts no one else) is actually any of their business or indeed that they should in any way take into consideration the views of obscure some might say nosey observers whom no doubt would take great exception if the favour was returned.

      1. “some might say nosey observers whom no doubt would take great exception if the favour was returned.” Has anyone got into the face of Barrack Obama with his $400,000 speaking fee, $65 million book deal, Netflix pact that could bring tens of millions of dollars, and let us not forget that Obama still wants to cash in on his $200,000 presidential pension, all this from the guy who exclaimed to the rest of us:

        1. Bring out examples of individuals is irrelevant. What REALLY matters is the over-arching fundamental difference between the two parties. Trump, Ryan and Turtle Face don’t give a flying fuck about ordinary people.

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