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

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

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.

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