A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

How much equity did Steve Jobs have during Apple's IPO?

Best Answers

Yes, Steve Jobs had double (well, 1.89 times) the equity of Woz at the time of the Apple IPO on December 12, 1980. read more

Since 4,000,000 new shares were issued for selling during the IPO, this increased the total number of outstanding shares to 54,215,332, diluting Jobs' equity to 13.9% and Woz's equity to 7.4%. After the IPO (all shares sold at $22 a share), Jobs' shares were worth $165,934,736 and Woz's shares were worth $87,763,082. read more

Steve Jobs. Justin Sullivan/Getty Images When tech mogul and Apple cofounder Steve Jobs died in 2011, he left his wife, Laurene Powell Jobs, a massive fortune that today is worth $14.1 billion— enough to make her one of the 50 richest people on earth, according to research firm Wealth-X. read more

At a $400 share price today, Steve Jobs would have been worth about $31.6 billion before his death if he held all of his initial shares versus an estimated $2.2 billion in Apple stock (at $400 with 5.426 million shares of Apple). read more

Encyclopedia Research

Wikipedia: