Steve Jobs worth $8.3 billion, ranked #110 on Forbes list of wealthiest individuals

Thu, Mar 10, 2011


Forbes today released its annual ranking of the world’s wealthiest individuals, and Apple CEO Steve Jobs comes in at #110 with an estimated net worth of approximately $8.3 billion. Last year Jobs’ net worth was valued at $5.5 billion. You know, just a year-over-year increase of $2.8 billion. No big thang.

In March the Apple founder made a surprise appearance at the unveiling of his iPad 2, after taking medical leave in January. Insanely creative Apple chief transforms a multibillion-dollar industry every few years. First, personal computers with Apple II, Macintosh; then film with Pixar; music (iTunes), mobile (iPhone). Now iPad is treated as messiah tablet, savior for publishing industry. Apple still sells computers, but twice as much revenue now comes from music distribution and hand-held devices. Shot past long-time rival Microsoft as world’s most valuable tech company in May. Shares of Apple surged more than 80% over the last year. Still, the majority of Job’s fortune comes from Disney; as largest shareholder he owns about $4.4 billion of stock. Reed College dropout founded Apple 1976.

Occupying the top spot is Mexican billionaire Carlos Lim Helu who’s worth a whopping $74 billion. Bill Gates, who for some time was the world’s richest indvidual, is second on the list with a fortune of $56 billion.



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