Steve Jobs Ranked 43rd on Forbes 400 List of Richest Americans
In its annual list of wealthiest Americans known as the Forbes 400, Forbes magazine has ranked Apple CEO Steve Jobs in 43rd place with a net worth of approximately $5.1 billion. Despite a decline in net worth of approximately $600 million, Jobs moved up from last year's 61st spot to claim his highest ranking yet, topping his 49th place showing in 2007.
The report notes as Jobs' best investment his purchase of Pixar from George Lucas in 1986 for $10 million. With Disney's acquisition of Pixar in 2006, Jobs became the largest individual Disney stockholder with a stake currently worth $3.9 billion.
Jobs' $5.1 billion net worth marks a significant turnaround from just six months ago, when Jobs checked in as the 178th wealthiest person in the world with an estimated net worth of only $3.4 billion. Since that time, Disney's stock price has risen nearly 90% while Apple's has more than doubled, generating significant gains for Jobs.
Jobs has famously received only a $1 annual salary from Apple for over a decade, although he has received stock options and other benefits from the company, including a private jet for which he receives financial compensation when used for company business.
Despite a decline of $7 billion from last year's survey, Microsoft chairman Bill Gates remains at the top of the list for the 16th consecutive year with a net worth of approximately $50 billion.
Popular Stories
Apple today adjusted estimated trade-in values for select iPhone, iPad, Mac, and Apple Watch models in the U.S., according to its website.
Some values increased, while others decreased. The changes were not too significant, with most values rising or dropping by $5 to $50.
We have outlined some examples below:
Device
New Value
Old Value
iPhone 15 Pro Max
Up to $630
U ...
iOS 19 is still around six months away from being announced, but a new leak has allegedly revealed a completely redesigned Camera app.
Based on footage it obtained, YouTube channel Front Page Tech shared a video showing what the new Camera app will apparently look like, with the key change being translucent menus for camera controls. Overall, the design of these menus looks similar to...
Apple provided the third beta of iOS 18.3 to developers today, and while the betas have so far been light on new features, the third beta makes some major changes to Notification Summaries and also tweaks a few other features.
Notification Summary Changes
Apple made multiple changes to Notification Summaries in response to complaints about inaccurate summaries of news headlines.
For...
While the so-called "iPhone 17 Air" is not expected to launch until September, there are already plenty of rumors about the "ultra-thin" device.
Overall, the "iPhone 17 Air" is shaping up to be a mixed bag. Due to its thinness, the device is expected to have some limited specifications compared to the iPhone 17 Pro models, including only a single rear camera, only a single speaker, no SIM...
Apple on late Saturday removed TikTok from the App Store in the U.S., and it has now explained why it was required to take this action.
Last year, the U.S. passed a law that required Chinese company ByteDance to divest its ownership of TikTok due to potential national security risks, or else the platform would be banned. That law went into effect today, and companies like Apple and Google...
For the last several months, we've been hearing rumors about a redesigned version of the iPhone 17 that Apple might call the iPhone 17 "Air," or something along those lines. It's going to replace the iPhone 17 Plus as Apple's fourth iPhone option, and it will be offered alongside the iPhone 17, iPhone 17 Pro, and iPhone 17 Pro Max.
We know the iPhone 17 Air is going to be super slim, but...
The iPhone 17 lineup will feature a vapor chamber heatsink to improve thermal performance, according to a new report.
The news comes from Chinese tech news site MyDrivers, which claims that the entire iPhone 17 lineup, consisting of the iPhone 17, iPhone 17 Air, iPhone 17 Pro, and iPhone 17 Pro Max, will adopt the improved thermal heat spreader.
Vapor chamber technology is already used...
2025 promises to be quite a big year for Apple, with the company rumored to be planning more than 20 product announcements this year.
Apple's rumored smart home hub will be its second all-new product to launch in as many years, following the Apple Vision Pro headset last year. And of course, we will get several new iPhone and Apple Watch models, like every year. Beyond that, Apple could...
