⬅ # 147 David Green|# 149 Uday Kotak ➡

# 148 Laurene Powell Jobs 

$13.1B

Real Time Net Worth
as of 5/13/2024
$141.2M (1.08%)

# 148 Laurene Powell Jobs 

$13.1B

Real Time Net Worth
as of 5/13/2024
$141.2M (1.08%)
OccupationFounder, Emerson Collective
Source of WealthApple, Disney
Age60
ResidencePalo Alto, California
Marital StatusWidowed
Children3
EducationMBA, Stanford Graduate School of Business; BS, University of Pennsylvania, The Wharton School
Age-Adjusted Net Worth$13.1B
Laurene Powell Jobs
Laurene Powell Jobs
United States
Net worth: $13.1B

Self-Made Score 

Wealth History

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Biography

Biographical Information

Laurene Powell Jobs, born on November 6, 1963, is an American billionaire businesswoman and executive.
She is the widow of Steve Jobs, co-founder and former CEO of Apple Inc., and manages the Steve Jobs Trust.
Powell Jobs is the founder and chair of Emerson Collective and XQ Institute.
Powell Jobs resides in Palo Alto, California, and has three children with Steve Jobs and is the stepmother of Lisa Brennan-Jobs.

Early Life and Education

Raised in West Milford, New Jersey, Powell Jobs earned a B.A. in political science and a B.S. degree in economics from the University of Pennsylvania in 1985.
She received her MBA degree from the Stanford Graduate School of Business in 1991.

Early Career

Powell Jobs co-founded Terravera, a natural foods company, and served on the board of directors of Achieva.
Before business school, she worked for Merrill Lynch Asset Management and spent three years at Goldman Sachs as a fixed-income trading strategist.

Steve Jobs' Death

Upon Steve Jobs' death in 2011, Powell Jobs inherited the Steven P. Jobs Trust, holding a 7.3% stake in Disney and 38.5 million shares of Apple Inc.
As of 2023, she is an investor in California Forever, a company building a planned sustainable city in Solano County, California.

Career and Activism

In 1997, Powell Jobs co-founded College Track, focusing on education reform.
She founded the Emerson Collective in 2004, supporting social entrepreneurs and organizations in various sectors.
Powell Jobs invested in media outlets and nonprofit newsrooms, including The Atlantic, Axios, ProPublica, The Athletic, and the Committee to Protect Journalists.
She purchased a 20 percent stake in Monumental Sports & Entertainment in 2017, which owns NBA's Washington Wizards, NHL's Washington Capitals, and Capital One Arena.

Personal Life

Laurene Powell Jobs and Steve Jobs married on March 18, 1991, in Yosemite National Park.
They had three children together: son Reed (born September 1991) and daughters Erin (born 1995) and Eve (born 1998).
She is also the stepmother of Lisa Brennan-Jobs, Steve's daughter from a previous relationship.

How long would it take you to become as rich as Laurene Powell Jobs?

If you started with $10,000 and invested an additional $500 each month at a 44.01% CAGR, it would take you 5 years to reach Laurene Powell Jobs's net worth of $13.1B.

Is this realistic? It depends how closely the VIX-TA-Macro Advanced model performs to its history in the future. Since Grizzly Bulls launched on January 1, 2022, it's returned 40.45% compared to 10.08% for the S&P 500 benchmark.

Enter data in all but one field below, then calculate the missing value

Laurene Powell Jobs is very wealthy, but what's stopping you from reaching that same level of success? As summarized in our five fundamental rules to wealth building, becoming wealthy in a modern capitalist economy is not complicated. There's actually only three variables:

  1. Your starting capital
  2. Your earnings after expenses
  3. The compound annual growth rate (CAGR) of your savings

Most people start with zero or very little, so if you weren't born into wealth, don't fret! The majority of the fortunate folks listed in our Grizzly Bulls’ Billionaires Index came from middle class or lower backgrounds. The most distinguishing characteristic of the group is their ability to consistently earn a high CAGR on their savings.

Every billionaire has a unique strategy to achieve high CAGR. For Laurene Powell Jobs, Apple and Disney are the primary sources. Whether you choose to invest your savings in your own businesses or the businesses of others is not as important. The salient piece of the puzzle is ensuring that your hard-earned savings are generating sufficient CAGR to reach your long term goals.

Most people simply invest their money in index funds and call it a day. There's nothing wrong with this approach, but it guarantees relative mediocrity. To achieve greatness, you need to invest your money to earn higher than average returns. In the long run, better investors will always finish ahead of better earners.

Source: Grizzly Bulls reporting

Methodology: Grizzly Bulls' Billionaires Index is a daily ranking of the world's billionaires and richest people. Grizzly Bulls strives to provide the most accurate net worth calculations available. We pull data from public equity markets, SEC filings, public real estate records, and other reputable sources.

The index is dynamic and updates daily at the close of U.S. stock market trading based on changes in the markets, economy, and updates to Grizzly Bulls' proprietary algorithm of personal wealth calculation. Stakes in public companies are tracked daily based on the relevant closing prices of the underlying securities. Additionally, stakes in private companies, cash, real estate, and other less easily valued assets are updated periodically through careful analysis of insider transactions, comparable public company sales / EBITDA multiples, etc.

Edited by: Lee Bailey