Forbes has released its annual list of the 400 richest Americans, and Apple CEO Steve Jobs checks in in 42nd place with a net worth of approximately $6.1 billion. Jobs gained $1 billion in net worth over last year's calculations, but moved up only one position in the rankings.
In January he unveiled Apple's iPad tablet amid a media frenzy; the device has so far beaten the hype with more than 3 million sold since April. In May Apple's market cap overtook Microsoft's to become the most valuable tech company in the world. Despite a super-publicized antenna problem, Apple's latest iPhone sold 1.7 million units 3 days after launch. Majority of fortune comes from Disney; as largest shareholder owns about $4.4 billion of stock. Reed College dropout founded Apple 1976.
Jobs' new net worth of $6.1 billion appears to be his highest to-date after a brief dip last year from highs of $5.7 billion in the 2007 and 2008 surveys.
Microsoft founder Bill Gates remains at the top of the list for the 17th consecutive year with a net worth of $54 billion, up $4 billion from last year but still below his recent high of $59 billion in 2007. The report also notes that Gates has poured $28 billion into charity, primarily through the Bill & Melinda Gates Foundation.
Sunday September 20, 2026 7:24 pm PDT by Joe Rossignol
In May, Apple agreed to pay $250 million to settle a U.S. class action lawsuit over Siri AI's delayed launch, and the settlement website is now live.
Apple will pay an estimated $25 per eligible iPhone to eligible customers, who can submit a claim via the settlement website between September 21 and December 21 of this year. The exact payment may be higher or lower than $25 depending on the...
Tuesday September 22, 2026 9:19 am PDT by Joe Rossignol
Apple is developing an all-new operating system that is essentially a mix of tvOS, watchOS, and iOS, according to Bloomberg's Mark Gurman.
In his latest Power On newsletter, Gurman reiterated that the operating system will feature a grid of app icons, widgets, and customizable clock faces.
The new software platform is intended for Apple's long-rumored smart home hub. With built-in facial...
Monday September 21, 2026 4:29 am PDT by Tim Hardwick
Apple's 20th-anniversary iPhone lineup could feature slightly larger displays than the iPhone 18 Pro models, if a new leak shared on Weibo is accurate.
Prolific Chinese leaker Digital Chat Station claims that early iPhone 20 Pro display specifications include a 6.41-inch screen with a resolution of approximately 2,686 × 1,236 pixels, while the iPhone 20 Pro Max is said to have a 6.96-inch...
Apple's first foldable iPhone, with a book-style design featuring a 5.4-inch outer display and a 7.6-inch inner display with a minimal crease down the middle.