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Joanne Schieble Simpson’s personal life and her son’s successful career

Posted by Matic on November 7, 2024
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Joanne Schieble Simpson

Joanne Schieble Simpson’s personal life

Joanne Schieble Simpson was born on 1 August 1932 in the United States. She is famous for being the mother of Steve Jobs. He was an American businessman, inventor, and investor. We do not have any information about her early life and education. She loved to live a private life. She is inactive on social media platforms like Instagram, Facebook, and Twitter. Here we will discuss her son’s successful career.

Joanne Schieble Simpson’s son, Steve Jobs

Steve Jobs was an American inventor and business magnate who had a net worth of $10.2 billion at the time of his death in 2011. People knew Steve Jobs as the co-founder and chief executive officer of the technology giant Apple Inc. Jobs also served as the chief executive of Pixar Animation Studios, which he helped sell to Disney. Jobs was worth over $1 million in 1978 when he was just 23 years old, two years before the company went public. After Apple went public in December 1980, he was worth $250 million. Steve resigned from Apple after an explosive boardroom war. Within days, he sold 99.999% of what had been a 20% stake in the company, netting around $100 million. He reportedly kept a single share so he could continue receiving annual reports and attend shareholder meetings if he had the desire. Steve returned to Apple in 1996 after his company NeXT was acquired. A year later, he was named CEO again. As part of this process, the Apple board coaxed Steve back to the job with an extremely generous stock options package. He ultimately grew to own 5.5 million shares of Apple. When the stock split 7-1 in 2014 (three years after his death), that stake became 38.5 million shares. When the stock split 4-1 in August 2020, that stake became 154 million shares. As of this writing, 154 million shares are worth $20 billion. Every year, those shares produce around $160 million in dividends for Steve’s widow, Laurene Powell Jobs. At the time of his death in 2011, Steve’s Apple stake was worth $2 billion. His Disney stake was worth a little over $8 billion. He received 138 million shares of Disney upon selling Pixar in 2007. The sale made him the largest individual shareholder in Disney. In 2017, Laurene sold roughly half of her stake–64 million shares–for $7 billion. Steven Paul Jobs was born on February 24, 1955, in San Francisco, California. His biological parents were Abdulfattah Jandali and Joanne Schieble. Paul and Clara Jobs adopted him. His adoptive father, Paul Reinhold Jobs, was a Coast Guard Mechanic who married Clara Hagopian in 1946 after he left the Coast Guard. Clara grew up in San Francisco as the daughter of Armenian immigrants. After the Coast Guard, Paul was a “repo man” who repaired cars. Clara had an ectopic pregnancy, which led the couple to consider adoption. Paul and Clara adopted Steve’s sister Patricia in 1957.

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