Wednesday 30 May 2012

Wealth

Jobs earned only $1 a year as CEO of Apple,[98] Jobs held 5.426 million Apple shares worth $2.1 billion, as well as 138 million shares in Disney (which he received in exchange for Disney's acquisition of Pixar) worth $4.4 billion.[99][100] Jobs quipped that the $1 per annum he was paid by Apple was based on attending one meeting for 50 cents while the other 50 cents was based on his performance.[101] Forbes estimated his net wealth at $8.3 billion in 2010, making him the 42nd wealthiest American.[102]

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