Friday, May 17, 2013

Steve Jobs’s Widow Is The World’s 9th Richest Woman And Quite The Philanthropist


When Steve Jobs passed away in 2011, he left behind a wife and four children. His widow, Laurene Powell Jobs, has stayed hidden from the public sphere for years, but now she is starting to receive more recognition as an influential philanthropist.

She is passionate about a host of social issues, including education and immigration policy. As the world’s ninth richest woman, her platform to effect society has only grown larger in the wake of Jobs’s death.

The New York Times published a big profile of Laurene today that explains some of her philanthropic efforts:

While some people said Ms. Powell Jobs should have started a foundation in Mr. Jobs’s name after his death, she did not, nor has she increased her public giving.

Instead, she has redoubled her commitment to Emerson Collective, the organization she formed about a decade ago to make grants and investments in education initiatives and, more recently, other areas.


“In the broadest sense, we want to use our knowledge and our network and our relationships to try to affect the greatest amount of good,” Ms. Powell Jobs said in one of a series of interviews with The New York Times.


Jobs was notoriously tight when to came to giving. Current Apple CEO Tim Cook created a matching gift program for charitable donations within the company not long after he got promoted.
After inheriting Job’s fortune, Laurene Powell Jobs has an estimated net worth of $11.5 billion, making her the ninth richest woman in the world. Much of her worth is tied to Apple stock and being the largest single shareholder in Disney.

Laurene recently appeared on NBC’s Rock Center with Brian Williams to talk about a new film she made to promote the DREAM Act, a bill that aims to give the children of illegal immigrants a path to citizenship. She created College Track, a big program that helps students from poorer communities get prepared and pay for college.

Make sure to read the whole NYT profile for a closer look at Laurene’s accomplishments.


I think Steve has a public legacy and a private legacy. In the public we see the products that he created that he cared so deeply about, that changed all of our lives, the way that we function and communicate. What he wanted to do in his life was create tools that allowed people to work at the highest levels, and I think he did that. So that legacy is beautiful for me to live with. His private legacy with me and the kids is that of husband and father and we miss him every day.

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