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

Posted in Apple, News on 24/11/2011 by Henry Taylor-Gill

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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.

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Henry Taylor-Gill

Henry is a student who is a huge Apple fan, and has used their products since day one. He can remember how happy he was when he received the first iPod back in 2001 as a birthday present. He has an international background, having spent most of his life in France but he now lives in the UK. He is also a native French speaker and can also speak Spanish at a decent level. In addition to tech, Henry is an avid sports fan and has his own sports blog.