Steve Jobs’s Widow, Laurene Powell Jobs, Said His Wealth Ends With Her

Steve Jobs’s kids' net worth is likely in the millions and not the billions. Read more about the inheritance the Apple co-founder left for his family.

Dan Clarendon - Author

Mar. 2 2022, Published 7:17 a.m. ET

Steve Jobs and Laurene Powell Jobs
Source: Getty Images

The net worth of Steve Jobs’s kids isn’t public information, but it seems the Apple co-founder’s progeny have just millions to their name, not the billions he did.

Article continues below advertisement
Article continues below advertisement

Steve, who died at age 56 in 2011, had four children, including three with his widow, Laurene Powell Jobs —Eve, Reed, and Erin Jobs. But the most outspoken of his kids is Lisa Brennan-Jobs, his daughter from his relationship with Chrisann Brennan.

Lisa delved into her tenuous relationship with her father in her 2018 memoir Small Fry.

Steve Jobs’s four kids got millions in inheritance

As The New York Times reported in its 2018 profile of Lisa, Steve left her an inheritance “in the millions,” the same amount that he left his other three kids.

Article continues below advertisement
lisa brennan jobs
Source: Getty Images

Lisa Brennan-Jobs.

But Lisa also told The New York Times that the businessman lavished more money on his three other kids than he did on her. She observed that he might have been trying to teach her that money corrupts, an ethos that “felt true and kind of beautiful and kind of enlightened for somebody like that.”

But she still struggled with “why he would have taken that value system and applied it so severely to me.”

Article continues below advertisement
Article continues below advertisement

She went on, saying, “You can have a value system and be unable to totally live it,” she added. “And you can imagine being that rich and famous and how amazing it is if you can hold on to some of your value system. He didn’t do it right. He didn’t apply it evenly. But I feel grateful for it.”

Laurene Powell-Jobs said that she’s “not interested in legacy wealth buildings,” and her kids know that.

The New York Times profile of Lisa mentioned that Laurene had an inherited fortune in the neighborhood of $21 billion. But by the time the newspaper profiled Laurene in 2020, she was worth $27.5 billion and ranked as the 35th wealthiest person in the world.

Article continues below advertisement
Article continues below advertisement

In her interview with the newspaper, however, Laurene called out the wealth gap in the world. “It’s not right for individuals to accumulate a massive amount of wealth that’s equivalent to millions and millions of other people combined,” she said. “There’s nothing fair about that. We saw that at the turn of the 19th and 20th centuries with the Rockefellers and Carnegies and Mellons and Fords of the world. That kind of accumulation of wealth is dangerous for a society. It shouldn’t be this way.”

Article continues below advertisement

Laurene, who co-founded the education organization College Track and the philanthropic corporation Emerson Collective, indicated that she would give away all the wealth instead of passing it on to her children.

“I inherited my wealth from my husband, who didn’t care about the accumulation of wealth,” she said. “I am doing this in honor of his work, and I’ve dedicated my life to doing the very best I can to distribute it effectively, in ways that lift up individuals and communities in a sustainable way. I’m not interested in legacy wealth buildings, and my children know that. Steve wasn’t interested in that. If I live long enough, it ends with me.”

More from Market Realist

Latest Net Worth News and Updates

    Opt-out of personalized ads

    © Copyright 2024 Market Realist. Market Realist is a registered trademark. All Rights Reserved. People may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.