Steve Jobs’ widow is spending the fortune she inherited. You have good reasons for doing so.

Laurene Powell Jobs was already a brilliant business woman with a promising future before she met, almost by chance, the person who would become her life partner for the next 22 years. As chance would have it, one day he arrived late to a conference in 1989 and sat next to the keynote speaker: Steve Jobs. What happened from that moment on is part of the history of technology.

After the death of worksLaurene inherited much of the Apple founder’s fortune, which she only had to share with Steve’s first daughter, Lisa Brennan-Jobs. Lisa, in addition to naming the The Apple project faileddue to Jobs’ relationship at age 23.

Most of Laurene’s heritage Share jobs in Apple and Disney. In 2011, these shares were valued at approx 10 billion dollarsbut Jobs’ widow was very clear about what she was going to do with that money: “I’m not interested in raising an inheritance and my children know it. Steve wasn’t interested in that. If I live long enough, that inheritance will end with me.”

Laurene Powell Jobs’ latest moves indicate that Jobs’ widow will keep her word and spend all the fortune she inherited as Steve would have wanted: dedicating herself to philanthropy until her death i.

Goal: provide $3.5 billion over the next 10 years

Just like Mackenzie ScottJeff Bezos’ ex-wife Laurene Powell Jobs did not want to join her multi-million dollar charity project for the The Giving Pledge philanthropic clubdirected by Bill Gates and Warren Buffett. He would rather go it alone and spend all his fortune on his own philanthropic projects that improve people’s lives and alleviate impact of climate change.

I graduated with a degree in political science and a master’s degree in business from Stanford, the widow of a millionaire She is not a novice at managing money.. In addition to creating his own healthy eating company, Powell Jobs has been able to do it impact investments which allowed it to support social and environmental projects without being significantly reduced.

The value of Disney and Apple shares has increased tenfold in the last ten years, however, Laurene’s current fortune is estimated to be around $14 billion. That gives an idea of ​​the amount of grants that have been given in recent years.

Since the death of Steve Jobs, Laurene has created two charitable foundations on which he focuses all his philanthropic efforts. The first The Emerson Collection which aims at educational projects aimed at offering equal educational opportunities to groups at risk of exclusion.

It is the second pillar of your charity project Waverley Street Foundationan international campaign that aims to protect the most vulnerable groups to climate change, supporting projects in education, health and the preservation of natural areas so that people can live in the communities where they were born them.

The project is the widow of Jobs 3.5 billion dollars investment in the next 10 years in this latest project. “I inherited my wealth from my husband, because he didn’t care to accumulate it. “I do this in honor of their work and I have dedicated my life to doing everything I can to spread it effectively, helping people and communities sustainably.”

This investment goal is far away 10 billion dollars that Jeff Bezos proposed to investgo $45 billion from Mark Zuckerbergmost 160 billion from Warren Buffet or the 90% of Bill Gates’ fortune.

Laurene’s philanthropic spirit doesn’t stop the widow from enjoying her fortune visit Mallorca on the Venusfamily yacht designed in 2009 by Jobs himself, valued at 120 million dollars.

Jobs’ fortune does not apply to the couple’s three children either, as they have all already established careers outside the media spotlight. Reed Paul left his father’s last name behind to pursue a degree in oncology at Stanford University. Erin Siena is an architect and designer. Eve Jobs has a degree in Science, Technology and Society from Stanford, although she currently makes her living as model on the main catwalks.

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Image | Flickr (TechCrunch)

* An earlier version of this article was published in August 2023