Find out the net worth of Laurene Powell Jobs.
Laurene Powell Jobs is an American businesswoman, executive, and a philanthropist. She has devoted her time to a lot of companies. Powell Jobs is the founder of Emerson Collective and co-founder and president of the board of College Track. She resides in Palo Alto, California, along with three of her children.
|Net Worth||$21.9 Billion|
|Known for||Widow of Steve Jobs, Founder of Emerson Collective|
|Position||American businesswoman, executive, and a philanthropist.|
|Country||United States of America|
Laurene is the widow and heiress of Steve Jobs, the co-founder and former CEO of Apple Inc. She also manages the Laurene Powell Jobs Trust.
Powell Jobs Early Life and Education
Laurene Powell Jobs grew up in West Milford, New Jersey near a small lake. Her mother had a very strong feeling that children need to spend time outside with nature, and when Laurene would try sneaking in to read a book her mother would lock her books away and force her outside in the fresh air. Being outside, surrounded by nature, played a major role in her development in the early years of her childhood.
She holds a B.A. in Political Science from the School of Arts and Sciences of the University of Pennsylvania and a B.S. degree in Economics from the Wharton School of the same University. She completed her M.B.A. from the Stanford Graduate School of Business in 1991.
Laurene Powell Career
Before opting for an MBA program at the business school, Laurene Powell Jobs worked for Merrill Lynch Asset Management and spent three years as a fixed-income trading strategist at Goldman Sachs.
She Jobs co-founded Terravera, a natural foods company that sold to retailers throughout Northern California. She also served on the board of directors of Achieva, which created online tools to help students study more effectively at standardized testing.
On October 3, 2017, reports indicated Powell Jobs had purchased a stake in the ownership group Monumental Sports & Entertainment that includes the NBA’s Washington Wizards, NHL’s Washington Capitals, and Capital One Arena. She owns approximately twenty percent stake in the group, making her the second largest shareholder behind chairman Ted Leonsis.
Laurene Powell Jobs and Steve Jobs
In October 1989, Steve Jobs gave a “View from the Top” lecture at Stanford Business School. It’s said that Laurene, who was a new MBA student there, sneaked to the front of the lecture and started up a conversation with Jobs. They ended up having dinner together that night. A year and a half later on March 18, 1991, they married in a ceremony at the Ahwahnee Hotel in Yosemite National Park. Six months later in September 1991, their son Reed was born, followed by two daughters Erin and Eve in 1995 & 1998 respectively. Laurene is also the stepmother of Lisa Brennan-Jobs, Steve’s daughter from a previous relationship, who was born in 1978.
Laurene Powell Jobs Net Worth
Most of the net worth of Laurene Powell Jobs comes from Steve Jobs’ legacy. He had 38.5 million shares of Apple and 7.3% stake in The Walt Disney Company. As of March 2020, the net worth of Laurene Powell Jobs is $21.9 Billion. This makes her the 44th richest person, 7th richest woman and one of the richest Tech Billionaires in the world.
Laurene Powell Jobs Lessons
Now that you’ve come to know so much about Laurene Powell Jobs, it’s time for some key lessons that we can learn from her.
- Treat money like a tool to be self sufficient. There are times when people get soaked into their wealth and start thinking very high of them. Money should be treated as a tool to do the things that you love and bring about the changes that you want.
- Your surroundings don’t necessarily define you. It takes a lot of courage and effort to live amongst the bad people and still do good, still do the right thing. You should try not to make excuses for not doing the right thing when living near wrong people.
Laurene Powell Jobs is an inspiration for those who want to bring about a change in society. She’s helped in keeping the media truthful and just. But besides all that she’s been an inspiration for anyone who wants to bring about a change in society for the better.
As of 2020 the net worth of Laurene Powell Jobs is estimated at $21.9 Billion.
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