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was steve jobs richer than bill gates

by Nova Hackett Published 3 years ago Updated 2 years ago
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And both got rich -- extremely rich. But it's here where things diverge, because at the time of Jobs' untimely death in 2011, his $11 billion net worth was a fraction of Gates' $66 billion. This discrepancy may strike you as odd, given that Apple's market capitalization at the time was $132 billion greater than Microsoft's.

Even though Bill Gates and Steve Jobs started massively successful technology companies, Gates' wealth ultimately exceeded Jobs' by a factor of six.Feb 19, 2014

Full Answer

How does Steve Jobs'net worth compare to Bill Gates?

But it's here where things diverge, because at the time of Jobs' untimely death in 2011, his $11 billion net worth was a fraction of Gates' $66 billion. This discrepancy may strike you as odd, given that Apple's market capitalization at the time was $132 billion greater than Microsoft's.

Would Steve Jobs have been the world's richest person if he never sold shares?

In other words, had he not sold shares along the way, Jobs would have been the world's richest person by leaps and bounds, as Gates' current net worth is estimated at $81 billion. Don't get me wrong. I'm not trying to be critical -- far from it, in fact.

Are Bill Gates and Steve Jobs friends or enemies?

Apple frontman Steve Jobs and Microsoft founder Bill Gates were at times collaborators, at times competitors, at one moment friends, only to turn into trash talking enemies the next.

How much is Steve Jobs'stake in Apple worth?

Jobs' 11% stake in Apple was worth somewhere in the neighborhood of $130 million at the time. And, for the record, this was considerably smaller than the 26% stake he emerged with after the first serious round of fundraising in 1977. At today's price, those stakes would be worth more than $59 billion and $139 billion, respectively.

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Who is more successful Steve Jobs or Bill Gates?

Steve Jobs: Who Hired Better? Bill Gates and Steve Jobs. The two men are among the most successful entrepreneurs of the past fifty years. Gates grew richer, becoming the wealthiest man in the world, while Jobs touched more industries, including movies, music, TV and phones.

Was Steve Jobs one of the richest man?

Based on Disney's current value, Jobs' stake would now be would now be worth nearly $22 billion. But in an alternate history, Jobs could have held onto a larger bite of Apple and ended up the richest man in the world. Jobs owned about 11 percent of Apple when the company went public in 1980.

Why was Bill Gates so much richer than Steve Jobs?

How is Bill Gates richer than Steve Jobs though Apple is a more valuable company compared to Microsoft? This is because Steve Jobs was never really interested in accumulating wealth: Steve Jobs would get only $1 per year as salary while he was working at Apple.

How rich was Steve Jobs?

At the time of his death, Steve Jobs' net worth was $10.2 billion. And here's a fun little fact: The vast majority of his net worth didn't come from Apple at all.

Who owns Apple now?

Real Time Net Worth Tim Cook is the CEO of Apple, whose sales of iPhones and more have made it a company with one of the world's largest market capitalizations. Cook, who became CEO in 2011, had previously served as Apple's Chief Operating Officer under Steve Jobs.

How much was Steve Jobs worth at 25?

Jobs was worth over $1 million in 1978, when he was just 23 years old. His net worth grew to over $250 million by the time he was 25, according to estimates.

Did Bill Gates go to Steve Jobs funeral?

According to the New York Times, attendees included Bill Clinton, Microsoft co-founder and Jobs's long-time business rival Bill Gates and singer Joan Baez, who once dated Jobs.

Did Gates steal from Jobs?

Their relationship, already kind of rocky, fell apart when Microsoft announced the first version of Windows in 1985. A furious Jobs accused Gates and Microsoft of ripping off the Macintosh.

Who was smarter Bill Gates or Steve Jobs?

"Each one thought he was smarter than the other one, but Steve generally treated Bill as someone who was slightly inferior, especially in matters of taste and style," said early Macintosh employee Andy Hertzfield in Walter Isaacson's Steve Jobs bio.

How much of Apple Does Bill Gates Own?

2.25% of the 79,000 million dollars in Apple shares belonging to Berkshire Hathaway is owned by Bill and Melinda Gates, which today represents a total of $1.8 billion in Apple holdings. That is, only 0.13% of the total value of Apple is in trust. It's not that it's an outrageous number, far from it.

Who owns the majority of Apple?

The top shareholders of Apple are Arthur Levinson, Tim Cook, Jeff Williams, Vanguard Group Inc., BlackRock Inc. (BLK), and Berkshire Hathaway Inc. (BRK. A).

How much is Bill Gates worth?

With his net worth of $66 billion, Gates still sits atop the Forbes 400 list of richest Americans, as he has since 1995. Founding the most successful technology company in the world has its rewards.

When did Steve Jobs show the iPhone 4?

So why did so many of his rivals end up with bigger fortunes? Apple CEO Steve Jobs demonstrates the new iPhone 4 on June 7, 2010, in San Francisco. This is the first in a special series about great rivalries: between tech titans, sports franchises, and even dinosaur hunters.

Is Microsoft more successful than Apple?

Except of course, Microsoft isn’t a more successful company than Apple. Not even close. Microsoft is a vastly profitable company. Its $5 billion in net income last quarter is a ton of money, and its $260 billion stock market capitalization is impressive.

How much was Steve Jobs worth in 2011?

At a $400 share price in 2011, 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). Of course all know that didn’t happen.

How much is Bill Gates worth?

When Microsoft launched its IPO in 1986, Gates owned 45% of the company, and he was only worth $350 million. At today’s market cap of $860 billion, 45% would be worth $387 billion.

How much did Steve Jobs make when Pixar went public?

When Pixar went public, it raised about $1.5-billion, making Jobs worth about $1.2-billion on paper. Now he was a billionaire. Pixar sold to Disney in 2006, for around $7.4-billion in Disney stock. This made Steve the largest single shareholder at Disney.

How much of Microsoft did Bill Gates own?

Jack Schofield's answer to How did Bill Gates end up owning 49% of Microsoft's shares? Steve Jobs, Apple’s biggest shareholder, was worth $217 million when Apple went public in 1980, which compares with the $350 million valuation of Gates’s shares at the time Microsoft went public in 1986. Today, Jobs’s shareholding would have made him richer ...

How much stock did Steve Jobs have when he died?

If he had kept the stock, he would have had $54 billion at the time of his death. On the other hand, if he had not sold off any of his original shares (he owned 26% of Apple stock when the company went public), he would be worth $127 billion.

How much was Pixar worth?

On its first day it priced at $22 per share, making Jobs a billionaire for the first time. Later, Pixar was sold to Disney in a deal worth $7.4 billion or $59.76 per share netting Jobs 138 million shares of Disney stock worth approximately $4.3 billion.

When did Steve Jobs buy Pixar?

In 1986, for $5 million, Jobs bought a small animation company run by George Lucas called Pixar. Nine years later, their movie, “Toy Story,” was released. In the same year, Pixar issued an IPO on the public market. On its first day it priced at $22 per share, making Jobs a billionaire for the first time.

Who is the computer genius that compared Steve Jobs to other famous people?

In his critically acclaimed 2011 biography of Steve Jobs, Walter Isaacson compared the computer magnates to other influential pairs from history, such as physicists Albert Einstein and Niels Bohr, or American statesmen Thomas Jefferson and Alexander Hamilton. He wrote that "despite their similar ambitions at the confluence ...

What did Steve Jobs focus on?

While Jobs focused on style, design, and the artistry of Apple products, Gates was a pragmatist who spent more time and effort on the functionality of Microsoft's software. And they were pretty much at odds for the rest of their relationship until Jobs' death from pancreatic cancer in 2011.

Who said Jobs was smarter than the other?

The competition was on. "Each one thought he was smarter than the other one," Hertzfeld is quoted in Isaacson's biography. He said that Jobs derided Gates' sense of style, while Gates criticized Jobs for being a computer magnate who didn't even know how to write code.

Who stole the idea for the graphical interface?

He accused Gates of stealing the idea from Apple, but Gates said there was another way of looking at it. He claimed that Apple actually got the idea for a graphical interface from fellow tech company Xerox, so the idea was never Apple's to steal.

Bill Gates

Bill Gates’ full name is William Henry Gates III. He was born on 28 October 1955. His parents name was William H. Gates and Marry Maxwell. His father was professionally a lawyer. He is an American business magnate, investor, software developer and philanthropist. He is a co-founder of Microsoft Corporation.

Steve Jobs

Steve Jobs’ full name is Steve Paul Jobs. He was born on 24 February 1955 and he died on 5 October 2011 due to neuro-endocrine cancer. He was an American citizen and he was adopted by Clara Jobs and Paul Jobs. He has four children. Steve Jobs was a business magnate, industrial designer, investor and media proprietor.

Jeff Bezos

Jeff Bezos’ full name is Jeffrey Preston Bezos. He was born on 12 January 1964. He is an American industrialist, computer engineer and media proprietor. He is the founder, chairman and CEO of Amazon. Bezos has been the world’s richest person since 2017. He is regarded as “richest man in modern history”.

A glimpse of their span

Bill Gates was born on 28 October 1955. He belongs to a middle class family who prompted him to study at Harvard.

Conclusion

Bill Gates, Steve Jobs and Jeff Bezos are the personalities that have their own achievements and popularity. They have revolutionized the IT industry. Do you want to say about these great IT Geeks?

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1.Here's Why Bill Gates Was So Much Richer Than Steve Jobs

Url:https://www.fool.com/investing/general/2014/02/19/heres-why-bill-gates-was-so-much-richer-than-steve.aspx

8 hours ago In other words, had he not sold shares along the way, Jobs would have been the world's richest person by leaps and bounds, as Gates' current net worth is estimated at $81 billion. Don't get me...

2.Videos of was Steve Jobs Richer Than Bill Gates

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5 hours ago  · And both got rich -- extremely rich. But it's here where things diverge, because at the time of Jobs' untimely death in 2011, his $11 billion …

3.Steve Jobs made less money than Bill Gates: Why the …

Url:https://slate.com/business/2013/08/steve-jobs-made-less-money-than-bill-gates-why-the-better-businessman-had-the-smaller-fortune.html

7 hours ago  · Had he held on to these (and the 11% discussed in the earlier point), his net worth would have been a mind-boggling $127 billion that was more than twice as compared to Bill Gates' $59 billion at that time. Unfortunately, Steve 's net worth was only $7 billion when he died.. Discover also What was Steve Jobs IQ?

4.How is Bill Gates richer than Steve Jobs though Apple is …

Url:https://www.quora.com/How-is-Bill-Gates-richer-than-Steve-Jobs-though-Apple-is-a-more-valuable-company-compared-to-Microsoft

2 hours ago The rivalry between Steve Jobs and Bill Gates that dominated the computer industry for decades is over. And it’s clear that Gates won. With his net worth of $66 billion, Gates still sits atop ...

5.When Steve Jobs And Bill Gates Got Rich - Forbes

Url:https://www.forbes.com/sites/billions/2010/04/30/when-steve-jobs-and-bill-gates-got-rich/

29 hours ago Aspiring Mathematician Author has 3.3K answers and 12.5M answer views 6 y. Steve Jobs did not own 100% of Apple, nor did Bill Gates own 100% of Microsoft. To slightly oversimplify things, the fraction of Apple that Jobs owned was worth less than the fraction of Microsoft that Bill Gates owned. Andrew Silverman.

6.Steve Jobs' Relationship With Bill Gates Explained - Grunge

Url:https://www.grunge.com/408404/steve-jobs-relationship-with-bill-gates-explained/

30 hours ago  · When Steve Jobs And Bill Gates Got Rich. Forbes debuted its first issue of the 400 Richest Americans in 1982. Listed among the most powerful and wealthy people in the country was a 27 year-old ...

7.Difference between Bill Gates, Steve Jobs and Jeff Bezos

Url:https://researchpedia.info/difference-between-bill-gates-steve-jobs-and-jeff-bezos/

15 hours ago Here's Why Bill Gates Was So Much Richer Than Steve Jobs. Steve Jobs and Bill Gates were born in the same year. Both dropped out of college. Both started companies with good friends: Gates founded Microsoft (NASDAQ: MSFT) with Paul Allen in April 1975, while Jobs founded Apple (NASDAQ: AAPL) with Steve Wozniak exactly one year later.

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