After the death of Steve Jobs, his widow inherited a fortune, but what she uses it for is just right.
Who is it about? Laurene Powell Jobs was already a talented businesswoman before she met her husband. After his death in 2011, she inherited a large share of the Apple founder’s fortune and only had to share a part with Jobs’ first daughter, Lisa Brennan-Jobs.
But what she intends to do with her share of the fortune benefits the world.
Apple also makes money here:
Donating a fortune
What does she plan to do with the fortune? The wealth that Laurene Powell Jobs inherited consists mainly of shares in Apple and Disney, which were already worth $10 billion in 2011. But instead of a luxurious life or new businesses, she wants to do something different with the money.
“I have no interest in building on an inheritance, and my children know that. Steve was not interested in that either. If I live long enough, this inheritance will end with me.”
Her goal is to spend $3.5 billion (about €3 billion) on good causes over the next 10 years. This includes philanthropic projects aimed at improving people’s lives and also limiting the impact of climate change.
How does she want to help? Laurene Powell Jobs has already founded her own company for healthy food. She has also established two charities. The Emerson Collective uses her money to advocate for educational opportunities and equality for groups at risk of exclusion.
The second charity, the Waverley Street Foundation, aims to protect vulnerable groups from climate change. At the same time, it supports projects in education, health, and the preservation of natural habitats to make societies more resilient to climate change.
“I inherited my fortune from my husband, who was not focused on accumulating wealth. I do this in honor of his life’s work and have dedicated my life to doing everything in my power to distribute this wealth meaningfully and sustainably help people and communities.”
Laurene Powell Jobs is more than just the widow of the late Apple founder. She is becoming one of the most important supporters of charity in the world. A Polish YouTuber has also achieved this: Streamer wants to raise €117,000 for children with cancer in a week – In the end, he has €60 million and a world record
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