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Laurene Powell JOBS

Primary Position:
Chairman
Primary Company:
College Track
Estimated Net Worth:
At least $14.3 billion
Source of Wealth:
Inheritance
Age:
53
Birthday:
6 November 1963
Religion:
Unknown
Nationality:
United States
Hometown:
New Jersey, United States
Marital Status:
Widowed

Biography

New Jersey native graduated from the University of Pennsylvania in 1985 and began her career with Merrill Lynch Asset Management, later spending three years as a Fixed Income Trading Strategist at Goldman Sachs. She earned an MBA from Stanford University in 1991, and, in the same year, married Steve Jobs, Co-Founder and Former Chairman and CEO of Apple, Inc., and co-founded Terravera, an organic food company. In 1997, she established College Track, a Palo Alto, California-based after-school program that prepares under-served high school ...

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Education History

Institution Name:
Stanford University
Qualification Name:
MBA
Education Type:
Graduate
Start Date:
 
End Date:
1991
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Interesting Facts

In July 2016, Jobs purchased a 3.5-acre ranch on Quarter Horse Trail in Wellington, Florida, for about $15.3 million.

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Interests, Passion, Hobbies

Kind of Interests, Passion and Hobbies: Environment
Description: Serves as a Director of Conservation International, a nonprofit which supports biodiversity.

Kind of Interests, Passion and Hobbies: Aviation - Private Jet
Description: Owns a 2013 Gulfstream G650 twin-engine business jet airplane with registration number N2N and serial number 6053; also owns Gulfstream G-V business jet with registration number N586GV and serial number V-586.

Kind of Interests, Passion and Hobbies: Education
Description: Supports various educational initiatives and organizations including College Track, NewSchools Venture Fund, XQ Institute and Stand for Children.

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Philanthropy

Giving Profile: Generous philanthropist has served on several nonprofit boards including those of: Conservation International; The New America Foundation; NewSchools Venture Fund; Teach for America; College Track; the Emerson Collective; and Stand for Children. College Track, which Jobs established in 1997, helps prepare low-income students from underserved communities for college, providing them with rigorous academic training and extracurricular activities. The program, which operates in a number of locations including East Palo Alto, California, and New Orleans, Louisiana, has trained more than 1,400 students and sent 90% of them to college. The Emerson Collective, which she also helped establish, is structured like a small business and set up as a limited liability corporation rather than a traditional tax-exempt nonprofit, allowing it to make grants, investments and political donations without being required to publicly report its activities. Laurene Powell Jobs and her late husband, Steve Jobs, have reportedly donated millions of dollars anonymously to various charities and hospitals in California, and funded HIV and AIDS research. She reportedly continues to donate anonymously. In September 2015, she committed, through the Emerson Collective, $50 million to the XQ Institute to start XQ: The Super School Project, a campaign to redefine education in the U.S. and to build new schools based on the ideas developed by selected teams of educators, students, business leaders and entrepreneurs. In September 2016, Jobs awarded ten high schools $10 million each for the projects to support innovative education, the recipients include: Design Lab High, Furr High School, Vista Challenge High School, Brooklyn Lab Charter School, Grand Rapids Public Museum School, New Harmony High, Washington Leadership Academy, Summit Elevate, Powderhouse Studios and RISE High.

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