American wealth management

[mahatmakanejeeves]

1. Source? NT

For what it's worth, AI says this:

AI Overview
Why Steve Jobs' multi-billion-dollar net worth will 'end ...

Laurene Powell Jobs inherited the bulk of Steve Jobs' fortune, estimated around $10.2 billion at his death in 2011, primarily in Apple and Disney stock, making her one of the world's richest women, with her net worth now estimated in the tens of billions, invested through her Emerson Collective foundation, as she plans for the wealth to end with her, not her children.

Details of the Inheritance

Initial Estate: When Steve Jobs died in 2011, he left nearly all his wealth to his wife, Laurene Powell Jobs, totaling around $10.2 billion at the time, with key holdings in Apple and Disney.

Primary Assets: Her inheritance included a significant stake in Disney (around 7.3%) and shares in Apple.

Growth & Management: Through shrewd investments and managing these assets, particularly her large Disney stake, her fortune has grown substantially.

Her Philanthropic Approach
Emerson Collective: Powell Jobs leads the Emerson Collective, a grantmaking organization focused on immigration, education, and the environment, using her inheritance to drive change.

No Legacy Wealth: She has publicly stated she does not intend for her children to inherit the massive fortune, believing such concentrated wealth is dangerous and prefers to distribute it during her lifetime, as Business Insider and The New York Times report.

Why Steve Jobs' multi-billion-dollar net worth will 'end' with his wife