Reed Paul Jobs is the youngest son of Steve Jobs, the co-founder of Apple Inc. and a pioneer in the technology industry. Reed was born in September 1991, and although he has mostly remained out of the public eye, he has become a prominent figure in the tech industry in recent years. In this article, we will explore Reed Paul Jobs’ life, education, and net worth.
Early Life and Education
Reed Paul Jobs was born in California, the youngest of Steve Jobs’ children. His mother, Laurene Powell Jobs, is a businesswoman and founder of the Emerson Collective, a social impact organization. Reed grew up in the Bay Area and attended the prestigious Stanford University, where he studied history and economics.
Career
Reed Paul Jobs has kept a low profile throughout his career, and little is known about his professional life. However, it is known that he has worked in the technology industry, and he is said to have interned at Apple Inc. during his time at Stanford.
Reed has also been involved in various philanthropic efforts, following in the footsteps of his parents. He is a board member of the Emerson Collective, which focuses on education, immigration, and social justice initiatives. Reed is also a member of the board of directors for XQ Institute, a non-profit organization that seeks to transform high schools in the United States.
Net Worth
Reed Paul Jobs’ net worth is estimated to be around $20 billion. Most of his wealth comes from his inheritance as the son of Steve Jobs, who was one of the co-founders of Apple Inc. and a pioneer in the technology industry. Steve Jobs was also the founder of NeXT Inc. and Pixar Animation Studios, which were sold to Apple Inc. and The Walt Disney Company, respectively.
Inheritance
Reed Paul Jobs inherited a significant portion of his wealth from his father, Steve Jobs, who passed away in 2011. At the time of his death, Steve Jobs’ net worth was estimated to be around $10.2 billion. Much of his wealth was derived from his ownership stake in Apple Inc. and his other business ventures.
Reed and his siblings, Erin and Eve Jobs, inherited a majority of their father’s estate. This included shares in Apple Inc. and Disney, as well as real estate assets, including a $60 million estate in Woodside, California.
Philanthropy
Despite his vast wealth, Reed Paul Jobs has been dedicated to giving back through philanthropic efforts. He has been involved in various social impact organizations, including the Emerson Collective and XQ Institute.
Reed is also the founder of the Reed Jobs Foundation, which seeks to support education and economic development in underserved communities. The foundation has partnered with several organizations, including The Posse Foundation, which provides scholarships to high-achieving students from underrepresented backgrounds.
Conclusion
Reed Paul Jobs is a prominent figure in the technology industry, thanks to his family’s legacy and his own accomplishments. Although he has mostly remained out of the public eye, he has become a prominent philanthropist in recent years, dedicating his vast wealth to social impact initiatives.
Reed’s net worth is largely derived from his inheritance as the son of Steve Jobs, who was a pioneer in the technology industry. However, his philanthropic efforts show that he is dedicated to using his wealth to make a positive impact on the world.
As Reed continues to make strides in his career and philanthropic efforts, it will be interesting to see how he will continue to make his mark on the technology industry and beyond.
Reed Paul Jobs’ Family
Reed is the brother of Equestrian champion Eve Jobs (born in 1998), Erin Siena Jobs (born in 1995) and Lisa Brennan Jobs (born in 1978 to Chrisann Brennan, Steve’s former lover). Lisa is a journalist and magazine writer, known for her New York Times Best Seller “Small Fry” .
Reed and his family currently live in their $35 million Palo Alto Ranch. Covering 5,768-square-feet, the house is built on a half-acre with seven bedrooms and 4.5 bathrooms.
Emerson Foundation Interview
In 2018 the Emerson Foundation released an interview with Reed Paul Jobs, entitled “5 Questions with Reed Jobs”.
The interview covered questions relating to the differences in acquiring funding research for Cancer research as opposed to other types of organizational funding. Reed states that its a combination of philanthropy and investment. He goes on to define the success of the research as “diminishing the mortality of cancer.”
Touching on privacy questions, he concludes that peoples medical records, health information and medical data should be in their own control. Current systems are set up for ease of billing whereby he sees a future where “patients can move their records wherever they want and have control over them instantaneously.” This would not necessarily be in an open source or cloud network.
Looking forward, he sees the next 10 years as potentially a golden age for cancer research, with many developments on the horizon.
Read more about the life of Steve Jobs in the Walter Isaacson book, ‘Steve Jobs‘