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  • Steve Jobs Named 42nd Richest American by Forbes



    Steve Jobs owes the collective Apple fan base and investor fanatics a big thank you today. Fr Jobs, the prestigious honor by Forbes - being named to the list of the 400 wealthiest Americans - comes at a time when Apple (the company, stock, and products) is hotter than ever. As a result of record sales for iDevices, Jobs and his company continue to amass unprecedented wealth - so much so, in fact - that Jobs placed number 42 on the list this year.

    At present, Steve Jobs has an estimated net worth in excess of $6 billion. Not bad for a dude who earns just $1 from his annual salary as CEO of Apple (I wonder if that's broken up into bi-weekly payments throughout the year?). Jobs, however, still nets millions on a regular basis from his huge inventory of Apple stock, which - of late - has been worth its weight in gold. According to Forbes, however, a mega chunk of Jobs' wealth actually comes from being the primary stockholder of Walt Disney Co.

    Overall, it's been a great year for Jobs, who saw his net worth climb by nearly 1 billion dollars since he placed 43 on last year's list with a paltry net worth of a meager $5.1 billion. Yet, despite the Forbes accolades and being "back in the high life again," Facebook founder Mark Zuckerberg - whose company hasn't even gone public yet - left Stevie in the dust, placing 35th on the list with a net worth of $6.9 billion.

    Forbes
    This article was originally published in forum thread: Steve Jobs Named 42nd Richest American by Forbes started by Michael Essany View original post