Steve Jobs would be 2X richer than Jeff Bezos

If he hadn’t sold his 20% stake in Apple — minus one share — in 1985. And if he hadn’t died in 2011.

From “Steve Jobs’ net worth at the time of his death may surprise you” posted Sunday on Apple News:

“Add it all up and if Steve Jobs were alive today and held on to every single share of Apple and Disney, his net worth would be $45 billion. Every year he’d make $402 million per year from dividend payments,” according to Celebrity Net Worth founder Brian Warner. And what’s even more unbelievable is that if things had gone just a little differently, Jeff Bezos would be in some stiff competition.

Says Warner, “Now, let’s pretend for a moment that Steve never sold any of his 20% original Apple stake. And to be fair, assume he never left the company to run Pixar and sell it for billions. If he just maintained that 20% stake as the company grew to a $2 trillion market cap, today he’d be worth well over $400 billion. That would therefore make him the richest human in modern history by a factor of TWO.”

My take: This bit of clickbait would be more fun if I hadn’t read the same thing, word for word, nearly a year ago in Celebrity Net Worth “the website future billionaires read every day.”

6 Comments

  1. Mordechai Beizer said:
    Right. And if he hadn’t been kicked out of Apple he wouldn’t have had the Pixar experience of learning how to be a better leader of creative types nor would he have founded NeXT which was the source of the technology that has allowed Apple to have the robust platform that powers MacOS and iOS. I tend to doubt that Jobs would have come up with the clean slate and focus that marked his second tenure at Apple without having first been shown the door.

    We would probably all be using Windows and Apple, if it were still around, wouldn’t be a $2T company. Don’t underestimate the motivational impact of having been fired from the company you founded.

    11
    July 5, 2021
  2. Romeo A Esparrago Jr said:
    In terms of multiverse scenarios, the only what-if for me is that I wish he had not passed away so young. RIP Steve Jobs.

    5
    July 5, 2021
  3. Gregg Thurman said:
    Jobs’ “wealth” was in the grey matter between his ears and how he used it to better mankind. You can’t put a dollar value on that.

    3
    July 5, 2021
    • Kirk DeBernardi said:
      @ Gregg Thurman —

      Well said, Gregg.

      0
      July 5, 2021
  4. Michael Goldfeder said:
    Another way to look at this would be that Jobs’ increased net worth grew exponentially based on his insightful selection of Tim Cook to one day be the leader of everything he built upon his return to Apple. Having his personal wealth rise solely on the basis of an insanely successful hand chosen successor is what every CEO strives to accomplish.

    3
    July 5, 2021

Leave a Reply