Skip to main content

Steve Jobs' employment is a bargain for Apple

The interesting thing about Steve Jobs’ $5.5 Billion (making him the 136th richest person, up from 3.6Billion/172nd richest last year) in assets is that only around $1 billion of that is from Apple.  His Pixar-sold-to-Disney shares are worth $4.2 billion, down from the original $7.2 billion at the time of the deal.

Jobs did completely cash out of Apple (at not a great time) after his first stint and used some of that money to buy and grow Pixar and start NeXT.  But, Apple’s market cap has gone from $4 billion in 1997 when he started to over $200 billion this week.  That’s 50 times the value if you’ve been sitting on AAPL Stock since then.  Considering Apple was in a death spiral at the time he returned, you can pretty much chalk all of the $200 billion up to the guy.  That is a lot of shareholder value.

So it is without much question, that he’s been a bargain for Apple over the past 13 years.

Also, not a fan of that picture from AP/Forbes.

FTC: We use income earning auto affiliate links. More.

You’re reading 9to5Mac — experts who break news about Apple and its surrounding ecosystem, day after day. Be sure to check out our homepage for all the latest news, and follow 9to5Mac on Twitter, Facebook, and LinkedIn to stay in the loop. Don’t know where to start? Check out our exclusive stories, reviews, how-tos, and subscribe to our YouTube channel