Laurene Powell Jobs

Business executive

Birthday November 6, 1963

Birth Sign Scorpio

Birthplace West Milford, New Jersey, U.S.

Age 60 years old

Nationality United States

#5866 Most Popular

1959

, Powell Jobs and her family were ranked 59th in the Forbes' annual list of the world's billionaires and 30th in the Forbes 400.

According to the same list, she is the wealthiest woman in the technology industry.

1963

Laurene Powell Jobs ( Powell; born November 6, 1963) is an American billionaire businesswoman and executive.

She is the widow of Steve Jobs, co-founder and former CEO of Apple Inc., and she manages the Steve Jobs Trust.

She is the founder and chair of Emerson Collective and XQ Institute.

She is a major donor to Democratic Party politicians.

Powell Jobs was raised in West Milford, New Jersey.

1985

She earned a B.A. in political science from the University of Pennsylvania School of Arts and Sciences and a B.S. degree in economics from the Wharton School of the University of Pennsylvania in 1985.

1991

She received her MBA degree from the Stanford Graduate School of Business in 1991.

Powell Jobs co-founded Terravera, a natural foods company that sold to retailers throughout Northern California.

She also served on the board of directors of Achieva, which created online tools to help students prepare for standardized testing.

Before business school, Powell Jobs worked for Merrill Lynch Asset Management and spent three years at Goldman Sachs as a fixed-income trading strategist.

1997

In 1997, Powell Jobs co-founded College Track together with Carlos Watson.

In 1997, Powell Jobs and Carlos Watson co-founded College Track, a nonprofit organization in East Palo Alto to improve high school graduation, college enrollment, and college graduation rates for "underserved" students.

Of College Track's high school graduates, many of whom are first-generation college students, about 90 percent attend four-year colleges, and 70 percent finish college in six years, whereas the national average for first-generation college students is 24 percent.

College Track has facilities in East Palo Alto, Sacramento, San Francisco, Oakland, Watts, Boyle Heights, New Orleans, Aurora, Colorado, Denver, and the Washington, D.C., area.

"We have a wait list of five cities where we'd like to open up centers," Powell Jobs has said.

"We want to keep our standards high, though, and are reluctant to grow through franchising or through dissemination of our curriculum and training."

2004

In 2004, Powell Jobs founded the Emerson Collective, a private company structured as a Limited Liability Company that supports social entrepreneurs and organizations working in education and immigration reform, social justice, media, and journalism and conservation through partnerships, grants, and investments.

Through Emerson, Powell Jobs owns The Atlantic and a stake in Axios.

2011

On October 5, 2011, at the age of 56, Steve Jobs, the CEO of Apple, died due to complications from a relapse of islet cell neuroendocrine pancreatic cancer.

2013

Powell Jobs inherited the Steven P. Jobs Trust, which as of May 2013 had a 7.3% stake in The Walt Disney Company worth about $12.1 billion, and 38.5 million shares of Apple Inc.

In 2013, Powell Jobs was an early investor in, and board member of, Ozy.

In addition, Ozy credited her as a "contributor."

2015

In September 2015, Powell Jobs launched a $50 million project to create high schools with new approaches to education.

Called XQ: The Super School Project, the initiative aims to inspire teams of educators, students, and community leaders to create and implement new plans for high schools.

Efforts include altering school schedules, curriculums and technologies in order to replace the country's century-old high school education model.

Funding for XQ comes from Powell Jobs' Emerson Collective.

Following an initial $50 million financial contribution, XQ announced an additional contribution, awarding ten schools $10 million each, for a total financial contribution of $100 million.

The schools were chosen from approximately 700 submissions nationwide.

Powell Jobs's team of advisors is led by Russlynn H. Ali.

Powell Jobs is a founding member of the Climate Leadership Council.

2016

In the 2016 U.S. presidential election, Powell Jobs donated $2 million to Hillary Clinton and raised a further $4 million for her.

2017

In 2017, Powell Jobs purchased a 20 percent stake in the ownership group Monumental Sports & Entertainment, which holds the NBA's Washington Wizards, NHL's Washington Capitals, and Capital One Arena.

She was the second-largest shareholder behind chairman Ted Leonsis.

Also in 2017, she backed the founding of the political organization ACRONYM, which raised ethical questions for Powell Jobs for its creation of Courier Newsroom.

2018

In 2018, she stated that the book Small Fry by her stepdaughter Lisa Brennan contains false information about Steve Jobs as a father.

As of 2023, she is an investor in California Forever, a company building a planned sustainable city in Solano County, California.

As of 2018, Powell Jobs sits on the board of directors of College Track, Conservation International, and Stanford University.

She is chair of the board of directors of XQ and also sits on the chairman's advisory board of the Council on Foreign Relations.