HACKER Q&A
📣 elpakal

What Happened to Steve Jobs' Shares of Apple Stock?


I was watching the Netflix documentary about Bill Gates and was fascinated by the wealth he acquired. There was a magazine shown where he and Jobs where on the cover, and it got me wondering what happened to Jobs' wealth after he died.


  👤 benologist Accepted Answer ✓
He was survived by his wife and offspring. His wife is ranked the 29th most powerful woman in the world and has a net worth in the 20 billion-ish range.

https://en.wikipedia.org/wiki/Laurene_Powell_Jobs



👤 raverbashing
All possessions of a person go to their estate upon death.

But in the case of "high-net worth individuals" these are usually transferred to a foundation or trust before succession.

(The exception is usually accidental deaths, in this case it goes to the estate and is subject of inheritance taxes)