Ask HN: Steve Job's Net Worth?
Doing a quick Google search shows that Steve Job's net worth is about $3.4 billion. That's an absurd amount, make no mistake, but why is it smaller than Sergey Brin's ($12 bn), Larry Page's ($12 bn), or Bill Gates' ($40 bn) net worth?
5 comments
Is the net worth of someone like that really a valid concept?--since if they announced that they were to sell all of their stock, the price would plummet (since it would imply to investors they no longer trust the stock as an investment).
It's worse than illiquid; the mere act of trying to sell such a horde would destroy its value.
It's worse than illiquid; the mere act of trying to sell such a horde would destroy its value.
Depends on when he sold stock options, how many stock options he had, the details surrounding him leaving and coming back as CEO, and about a million other possible variables.
http://www.forbes.com/lists/2009/10/billionaires-2009-riches...
His net worth was estimated to be $3.4 billion by Forbes on 3/11/09. At that time, Apple shares were down 50% over the previous 6 months.
His net worth was estimated to be $3.4 billion by Forbes on 3/11/09. At that time, Apple shares were down 50% over the previous 6 months.
Random variation.
the bulk of his networth are disney shares due to pixar sale.