Steve Jobs' $4.6B in Disney shares go to trust

Advertisement
By Associated Press | Updated: 6 June 2012 16:25 IST
Highlights
  • Apple Inc. co-founder Steve Jobs' $4.6 billion worth of shares in The Walt Disney Co. are now in a trust run by his wife, Laurene Powell Jobs.
Apple Inc. co-founder Steve Jobs' $4.6 billion worth of shares in The Walt Disney Co. are now in a trust run by his wife, Laurene Powell Jobs.

That's according to a securities filing made on Wednesday.

Jobs acquired the 138 million shares when Disney bought his Pixar Animation Studios for $7.4 billion in 2006. With a 7.7 percent stake, Jobs' trust is Disney's largest single shareholder.

Jobs bought the fledgling computer imaging company from "Star Wars" creator George Lucas for a total investment of $10 million in 1986 and kept it going with his own money.

He later took Pixar public after the successful debut of "Toy Story" in 1995.

The creative executive behind the iPod, iPhone and iPad died last month at age 56 after battling pancreatic cancer.

Get your daily dose of tech news, reviews, and insights, in under 80 characters on Gadgets 360 Turbo. Connect with fellow tech lovers on our Forum. Follow us on X, Facebook, WhatsApp, Threads and Google News for instant updates. Catch all the action on our YouTube channel.

Advertisement

Related Stories

Popular Mobile Brands
  1. Oppo Reno 15 Series Tipped to Get a Fourth Model With a 7,000mAh Battery
  2. Ek Deewane Ki Deewaniyat Is Streaming Now: Know Where to Watch It Online
  3. New Climate Report Says the Arctic Is Changing Faster Than We Can Track
  1. ISS Astronauts Celebrate Christmas in Orbit, Send Messages to Earth
  2. Arctic Report Card Flags Fast Warming, Record Heat and New Risks
  3. Battery Breakthrough Uses New Carbon Material to Boost Stability and Charging Speeds
  4. Ek Deewane Ki Deewaniyat Is Streaming Now: Know Where to Watch the Romance Drama Online
  5. Realme Neo 8 Said to Feature Snapdragon 8 Gen 5 Chipset, Could Launch Next Month
  6. Revolver Rita Is Now Streaming Online: Know Where to Watch the Tamil Action Comedy
  7. Oppo Reno 15 Series Tipped to Get a Fourth Model With a 7,000mAh Battery Ahead of India Launch
  8. Interstellar Comet 3I/ATLAS Shows Rare Wobbling Jets in Sun-Facing Anti-Tail
  9. Samsung Could Reportedly Use BOE Displays for Its Galaxy Smartphones, Smart TVs
  10. Google’s Space-Based AI Data Centre Plan Faces Collision Risks in an Increasingly Crowded Orbit
Gadgets 360 is available in
Download Our Apps
Available in Hindi
© Copyright Red Pixels Ventures Limited 2025. All rights reserved.