Laurene Powell JOBS

Primary Position Chairman Age 52
Primary Company College Track Birthday 6 Nov 1963
Estimated Net Worth At least $13.8 billion Residences Malibu, California, United States
Woodside, California, United States
Palo Alto, California, United States
Source Inheritance
Hometown
New Jersey, United States
Religion Unknown
Ethnicity Caucasian
Alternative Names 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 students for college. She also co-founded The Emerson Collective, which collaborates with entrepreneurs to address social issues in areas like education, conservation, immigration reform and social justice through partnerships, grants and investments; she also serves as its Chairman. In 2010, Jobs was appointed by President Barack Obama as a Member of the White House Council for Community Solutions, which is focused on advising the President on the best ways to help communities across America solve important social challenges around education and job creation. In 2011, following the death of her husband, she inherited his stake in Apple and The Walt Disney Company. She has served as a Director at KQED and Achieva.

Education History

Institution Name Qualification Name Education Type Start Date End Date
Stanford University MBA Graduate 1991
University of Pennsylvania Bachelor's degree Undergraduate 1985

Interesting Facts

Jobs is a strong supporter of immigration reform. The Emerson Collective, an organization she co-founded, is currently working to pass the Dream Act, federal legislation that would, in part, help undocumented college students attain U.S. citizenship. Along with filmmaker Davis Guggenheim, she worked on a documentary, "The Dream is Now", about young immigrants brought to the country as children and their quest to become U.S. citizens.
Steve Jobs and Laurene Powell met when he came to give a talk at Stanford Business School while she was a student there; they married two years later. Steve Jobs' biological sister, Mona Simpson, mentioned, during the eulogy she presented at this funeral, how he called her on the day that he first met his future wife, reportedly saying "There's this beautiful woman and she's really smart and she has this dog and I'm going to marry her."
According to an October 2015 article in the 'Hollywood Reporter', Laurene Powell Jobs pressured every studio in that movie capital, and high-profile actors such as Leonardo DiCaprio and Christian Bale, not to make a film based on Walter Isaacson's biography of her late husband. Attempts to complete the project - which acknowledges Steve Jobs' brilliance while painting an unflattering portrait of his personal relationships - were "actively obstructed" by Laurene Jobs and Apple CEO Tim Cook, according to the director, Danny Boyle. The film was eventually produced, with distribution by Universal Pictures. It starred Michael Fassbender as Steve Jobs and premiered at the Telluride Film Festival on September 5, 2015.
As of 2013, Jobs was reportedly dating Adrian Fenty, who served as mayor of Washington, D.C. from 2007 to 2011. The two met at a Houston education conference in 2011. In 2012, Fenty joined the board of College Track, a nonprofit organization established by Laurene Jobs. According to media reports, their relationship began as friendship and extended into a "budding romance," over a shared passion for school reform. In January 2013, Fenty announced that he was separating from his wife, Michelle, after 15 years of marriage.
In March 2015, Jobs reportedly purchased a three acre, two parcel property in Malibu, California from media entrepreneur John Ryan for $44 million. The property was reportedly acquired through an LLC owned by Jobs.
Since the death of her husband, Laurene Jobs controls the Steven P. Jobs Trust, now known as the Laurene Powell Jobs Trust, which owns shares in The Walt Disney Company.
Steve Jobs was adopted as a baby and appears to have remained estranged from his biological parents until his death despite his biological father's attempts to contact him.
Jobs' late husband, Steve Jobs, had a child, Lisa Brennan-Jobs, with girlfriend, Chrisann Brennan, in 1978. The same year, Jobs created the "Lisa" computer, but insisted it only stood for Local Integrated Software Architecture. Jobs initially denied that he was Lisa's father, claiming he was infertile; a court-ordered blood test later confirmed his paternity.
In February 2014, the U.S. Postal Service approved the design for a stamp featuring Laurene Jobs' late husband Steve Jobs; it is expected to be released by the end of 2015.
Steve Jobs, aware that he was dying of pancreatic cancer, commissioned French designer Philippe Starck to build a yacht christened "Venus" in 2011. The yacht, built by Feadship at a cost of $138 million, was unveiled in October 2012 at the Koninklijke De Vries shipyard in Aalsmeer, the Netherlands. Steve Jobs never saw his yacht completed. The Jobs family, as a token of appreciation, presented all shipyard personnel involved in the construction with an elegant thank-you note and an iPod Shuffle with the name of the ship inscribed on the back.
Jobs owns a 2013 Gulfstream G650 twin-engine business jet with registration number N2N and serial number 6053. Jobs purchased the jet in March 2014; the registration expires in March 2017. The aircraft is operated by Marmalade Skies. She also owns a 1999 Gulfstream G-V business jet manufactured by Gulfstream Aerospace, with registration number N586GV and serial number V-586. The jet was purchased in October 2011. It is also operated by Marmalade Skies.

Interests, Passion, Hobbies

Hobby Name Description
Politics Generous political donor has contributed more than $900,000 to Democratic candidates and causes.
Environment Serves as a Director of Conservation International, a nonprofit which supports biodiversity.
Human Rights - Women's Rights Served as a Director of the Global Fund for Women, a nonprofit foundation that funds programs related to women's rights.
Public Speaking Jobs is reportedly a frequent lecturer on the topic of 'the new philanthropy.'
Education Supports various educational initiatives and organizations including College Track, NewSchools Venture Fund, XQ Institute and Stand for Children.
Business - Entrepreneurship Co-founded natural foods company, Terravera.
Aviation - Private Jet 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.
Film Teamed with filmmaker Davis Guggenheim to promote "The Dream is Now," a documentary about young immigrants, brought to the United States as children, and their quest to become U.S. citizens.
Philanthropy Generous philanthropist supports educational, women's rights and humanitarian causes; prefers to donate anonymously.

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.

Clubs & Boards

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Known Associates

Total known associates: 35. Total known associates net worth: $20.9 billion. To view details, sign up for Wealth-X Professional or Contact Us.

Family Details

Political Interests

Party Affiliation Democratic Party Political Profile Generous political donor gives primarily to Democratic candidates and causes; her lifetime giving exceeds $900,000. Recipients include: Hillary Clinton, Claire McCaskill, Anna Eshoo, Barbara Boxer, Michael Bennet, Nancy Pelosi, Dianne Feinstein, Kirsten Gillibrand, Maria Cantwell and various political action committees. Jobs was reportedly one of the top donors to Ready for Hillary, a political action committee preparing for the possibility of a Presidential run by the former First Lady and Secretary of State, which launched in early 2013. It is unclear if she is registered to vote.