Sun, May 27, 2012, 11:43 PM EDT - U.S. Markets closed

Steve Jobs' $4.6B in Disney shares go to trust

Steve Jobs' $4.6 billion in Disney shares revert to trust managed by wife

RELATED QUOTES

SymbolPriceChange
DIS44.500.06
AAPL562.29-3.03

LOS ANGELES (AP) -- Apple Inc. co-founder Steve Jobs' $4.6 billion worth of shares in The Walt Disney Co. are now in a trust run by his wife, Laurene Powell Jobs.

That's according to a securities filing made Wednesday.

Jobs acquired the 138 million shares when Disney bought his Pixar Animation Studios for $7.4 billion in 2006. With a 7.7 percent stake, Jobs' trust is Disney's largest single shareholder.

Jobs bought the fledgling computer imaging company from "Star Wars" creator George Lucas for a total investment of $10 million in 1986 and kept it going with his own money.

He later took Pixar public after the successful debut of "Toy Story" in 1995.

The creative executive behind the iPod, iPhone and iPad died last month at age 56 after battling pancreatic cancer.

 

1 comment

  • billy  •  6 months ago
    i would like to know what he did with the rest of his money,how much did his sister get.and his mother and father.come on find this out for us.
 
Recent Quotes
Symbol Price Change % Chg 
Your most recently viewed tickers will automatically show up here if you type a ticker in the "Enter symbol/company" at the bottom of this module.
You need to enable your browser cookies to view your most recent quotes.
 
Sign-in to view quotes in your portfolios.

Trading Center

Yahoo! Finance on Facebook

  YAHOO! FINANCE ON TWITTER