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Steve Jobs’ $4.6 billion Stake in Disney Goes into Trust

Posted in Apple, News on 24/11/2011 by J. Glenn Künzler

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Steve Jobs’ 138 million shares in Disney, worth around $4.6 billion, are now in a trust run by his wife Laurene Powell, reports Yahoo Finance. Jobs acquired the shares in the deal which saw Disney purchase his company Pixar in 2006 for $7.4 billion dollars.

Steve Jobs was the single largest shareholder in Disney, with a share of 7.7%, which is even more than Bob Iger, the Disney CEO, who he is pictured with above. Iger has been a member of Apple’s board since Steve Jobs’ passing.

Pixar was originally bought by Jobs from George Lucas in 1986 for 10 million and kept it going with his own money. It later went on to produce many cult films including Toy Story and A Bug’s Life.



  • Sherri Pert

    “It later went on to produce many cult films including Toy Story and A Bug’s Life.”

    CULT films??? 

  • Anonymous

    Yeah really. What do mean when you say Pixar movies were “cult films”?  They were award-winning block-busters… about as mainstream as you could possible imagine.

Author

J. Glenn Künzler

Glenn is Managing Editor at MacTrast, and has been using a Mac since he bought his first MacBook Pro in 2006. Now he's up to his neck in Apple, and owns an old iBook, a 2012 iMac with an extra Thunderbolt display for good measure, a 4th-generation iPad, an iPad mini, 2 iPhones, and a Mac Mini that lives at the neighbor's house. He lives in a small town in Utah, enjoys bacon more than you can possibly imagine, and is severely addicted to pie.