“Forbes” has released its list of the world’s billionaires (http://www.forbes.com/wealth/billionaires). Apple CEO Steve Jobs ties for 110th place with a net worth of US$5.5 billion. He ranked 136 last year (though he comes in at 34th among US billionaires)>
Here’s what “Forbes” has to say about Jobs:
“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.”