Forbes has released it’s annual listing of world’s billionaires and Apple CEO and co-founder Steve Jobs was ranked 136th in a tie with six other individuals with a net worth of $5.5 Billion. That is up from the estimation in October 2009 pegging Mr. Jobs’ worth at $5.1 Billion, and even further ahead of last […]
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Steve Jobs is the World's 136th Richest Person

Forbes has released it’s annual listing of world’s billionaires and Apple CEO and co-founder Steve Jobs was ranked 136th in a tie with six other individuals with a net worth of $5.5 Billion. That is up from the estimation in October 2009 pegging Mr. Jobs’ worth at $5.1 Billion, and even further ahead of last year’s $3.4 Billion.

Following months of rumor and speculation, cultish king of the iGeeks presented the highly anticipated iPad in January; ten-inch, multi-touch computer intended to fill gap between smartphone and laptop. Delighted: nerds everywhere. Scared to death: newspaper and magazine publishers. Also unveiled new iBookstore and iBooks application in direct challenge to Amazon’s Kindle; several book publishers have committed to content agreements.

Jobs’s wealth comes from being the single largest Disney shareholder, which came as a part of a deal by Disney to buy Pixar from Jobs, and Disney stock has been in on a gradual increase over the past year. Most of the remainder of his wealth comes from the Apple shares he holds which have increased in vale $150 over the past year.

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