|Full Name:||Steven Paul Jobs|
|Net Worth:||$10.2 billion (2022)|
|Birthdate:||February 24, 1955|
|Birthplace:||San Francisco, California, U.S.|
|Death:||October 5, 2011 (aged 56)|
|Cause of Death:||Pancreatic neuroendocrine tumor|
|Occupation:||Entrepreneur, Business magnate, Inventor, Industrial designer|
|Known For:||Co-founder of Apple Inc., Former CEO, and Co-founder of Pixar Animation Studios|
|Education:||Reed College (dropped out)|
|Spouse:||Laurene Powell Jobs (m. 1991-2011)|
|Children:||Reed, Erin, Eve, Lisa Brennan-Jobs|
Have you ever wondered what the net worth of Steve Jobs is? As one of the most influential inventors in American history, the man has definitely built quite the resume. Outside of being the co-founder of Apple, Steve Jobs was an incredible visionary.
He had a true talent for understanding the consumer. This led him to build one of the most popular brands today.
Steve Jobs had a net worth of $10.2 billion at the point of his death.
This post will show you exactly how the American business magnate built his net worth.
Table of Contents
You’d be surprised to learn that Steve Jobs had a relatively difficult time growing up. First and foremost, he was adopted at birth by Paul and Clara Jobs. This followed legal battles with his biological parents.
In 1957, the couple adopted Steve Job’s sister, Patricia. Afterward, the family moved to Mountain View, California in 1959. From an early age, Jobs was fascinated with building things.
He proved bright from a very young age, and consequently, the young boy skipped several school grades and noted school as boring. Soon, he moved to a new town and attended Homestead High School.
Jobs was considered a “loner” during his time there. The inventor recalls experimenting with psychedelics during this time. He accredits these experiences to being more open to creative education.
In September 1972, Steve Jobs enrolled at Reed College in Portland, Oregon. Steve Jobs recalled feeling unchallenged and also bored during this time.
Consequently, he dropped out after one semester without telling his parents. Steve Jobs felt it was not right for him to waste his parent’s money on “an education that was meaningless.” In 1974, Steve Jobs returned to his home in California to look for a job.
Steve Jobs and Apple
Steve Jobs and Steve Wozniak were introduced in 1971 by mutual friends. The two got along thanks to their shared love of technology! Consequently, they attended the Homebrew Computer Club together.
Here, the duo created the first computer with a typewriter-like keyboard. The computer was later named the “Apple One.” Little did they know this would be the archetype of every modern computer!
Steve Jobs was notorious for obsessing over his products and this was definitely the case with the “Apple One.” Steve continued this obsession with his products later down the line, each becoming very successful.
Additionally, Steve Jobs strived to create the most user-friendly devices he possibly could. He believed that the less the consumer struggled, the more they’d like the product!
At the time of his death, Apple had just surpassed the one trillion market cap milestone on the public market.
Through countless years of hard work, dedication, and product obsession, Steve Jobs had finally amassed a massive net worth! This is similar to other great CEOs like Jack Dorsey, Ken Nguyen, and much more.
Steve Jobs and Real Estate
To fans of his work, it comes as no surprise that Steve Jobs was a massive investor in real estate. Not only this, Steve Jobs spent millions of dollars renovating his properties with incredible technology and innovation.
His most famous properties are rumored to have technology patented by Apple but are not set to release to the general public. While this technology may remain a mystery, Steve Jobs’s brilliance is of no question!
While his family didn’t have much growing up, Steve Jobs quickly realized owning real estate was paramount to having a large net worth.
Because of this, Steve Jobs spent millions of his net worth purchasing homes worldwide! It’s estimated that these homes account for roughly 15% of his entire net worth!
Steve Jobs Net Worth Growth
|Year||Estimated Net Worth||Contributing Factors|
|1976||$0||Apple Computer Co-Founded|
|1980||$100 million||Apple IPO|
|1985||$1.0 billion||Apple Stock|
|1988||$1.5 billion||Pixar Animation Studios|
|1991||$1.8 billion||Pixar IPO|
|1996||$1.2 billion||Apple Stock|
|1997||$100 million||Returned to Apple as CEO|
|2000||$1.0 billion||Apple Stock|
|2004||$2.0 billion||Apple Stock|
|2006||$4.4 billion||Disney Stock from Pixar sale|
|2011||$8.3 billion||Apple Stock, Disney Stock|
|2012||$11.1 billion||Apple Stock, Disney Stock|
|2019||$6.7 billion||Apple Stock|
|2022||$10.2 billion||Apple Stock|
Steve Jobs Net Worth 2023
At the time of his death, Steve Jobs had a net worth of $10.2 billion. It is undeniable that Steve Jobs has influenced all of our lives in countless ways.
Without his innovation, technology as we know it would be different forever. While Steve Jobs did in fact accomplish incredible feats, it’s important that we remember that he struggled plenty growing up.
While Steve Jobs’ net worth came mostly from Apple, we can’t ignore his contributions to both stocks and real estate. Jobs understood how important owning equity is to build a strong net worth.
Consequently, he invested a massive portion of his personal net worth into both real estate and Apple stock!
Creativity Is Key
If Steve Jobs went ahead and designed a similar computer to every other new entrant at the time, Apple would’ve simply failed.
Instead, Steve Jobs obsessed with his designs and used creativity to make something new. Particularly, he was focused on user-friendliness.
For us, we should look to use our own powers of creativity to make our own work stand out. By doing so, we can open doors we never thought were possible.
Use Pain As Motivation
Surprisingly, Steve Jobs had a rather difficult time growing up as a kid. His parents weren’t particularly well off, so he had to work extremely hard to get to where he is.
Steve Jobs successfully used his pain as motivation. Similarly, we should strive to use our own pains as motivation. By using this pain as fuel, we can avoid allowing it to strain or hold us back!
Believe In Yourself, Even If No One Else Does
Time and time again, Steve Jobs had several professional setbacks. At one point, his own company kicked him out as chairman and CEO!
What never changed was Steve Jobs’s belief in himself and his ability. Our minds are so powerful. It’s important we understand how influential our thoughts can be to our reality.
Because of this, it’s important to always believe in yourself, even if no one else does!