While Laurene Powell Jobs may not be quite as well known across the country and beyond as her late husband, Steve Jobs, she is nonetheless making a difference in the world through her incredible devotion to important social causes. Laurene Powell Jobs wed Steve Jobs, who is the former CEO and founder of Apple, in 1991. During the time she was married to him and even after his recent death, she has actively worked to give back to the community in a number of ways. While many in the Silicon Valley area are criticized for not being philanthropic and generous with their time and financial resources, she is a notable exception in this area. More than that, her efforts to promote these causes has been on-going for several decades.
The Incredible Wealth of Laurene Powell Jobs
Before Steve Jobs passed away in 2011 of pancreatic cancer, he had amassed a fortune that was reportedly worth $8.3 billion. This ranked him at 110th on the Forbes list of the top 400 richest individuals in the world. When he passed away, the trusts were inherited by his widow, Laurene. She has managed the funds well, and her net worth just one year later is reported to be at $9 billion. This ranks her as 100th in the Forbes list for 2012, and she is reported to be the 28th wealthiest American. Among her financial assets, she is currently a major shareholder in Disney and a bidder on the Los Angeles Clippers.
Years ago, Laurene founded two key organizations that she continues to play an active role in. College Track is focused on helping underprivileged youths prepare to attend college, and through this organization, she has had a monumental impact on many young individuals who may not have otherwise had the opportunity to attend college. In addition, Laurene also founded the Emerson Collective, which is an LLC that is focused on advocated for a number of social issues that are important to her. For example, one such issue is immigration reform. Her desire is to improve immigration policies to make it easier for those who want to pursue the American dream to do so. The LLC is also focused on the environment, education and other issues.
The Jobs family is among the wealthiest in Silicon Valley as well as in the world, and it is important to note that they are known for making large financial donations and contributions. Generally, however, they do so in an anonymous format. It is known that Laurene founded the Emerson Collective as an LLC so that she could keep the amount of her donations and contributions private. Essentially, the family is committed to helping others and to giving back without placing a dollar amount to their names. This was the case before her husband’s passing, and she has indicated her intention to continue to promote causes near to her heart without publishing the amount of her family’s financial contributions.
There are many different ways that wealthy individuals can give back. Some are focused on making large financial donations, but Laurene Powell Jobs is an individual who has been active at giving her time and devoting her energy to special causes. While the family does make financial donations, her willingness to give her time and energy is notable and unique.