FRANKLYWNOW - Apple's Steve Jobs Was $1 Tech Executive Browser

© BrandingImages.com© BrandingImages.com
*DISCLAIMER*: The information contained in or provided through this site section is intended for general consumer understanding and education only and is not intended to be and is not a substitute for professional advice. Use of this site section and any information contained on or provided through this site section is at your own risk and any information contained on or provided through this site section is provided on an "as is" basis without any representations or warranties.
Section Title Text

Apple's Steve Jobs Was $1 Tech Executive

© USC Graphic © USC Graphic
© AP Image © AP Image
new york -

From 1997 until his death, Steve Jobs took home just $1 a year in salary, and most years he collected no bonus. Just $1.

That is, except for 2001, when the company came through with a whopper of an executive bonus: It spent $90 million to buy Jobs a Gulfstream V airplane. Since then, Apple had been reimbursing Jobs' air travel expenses, which totalled $248,000 last year.

Jobs could afford to skip the salary payments: Forbesrecently estimated his net worth at $7 billion. Most of that wealth came from the Walt Disney Co., not Apple. Jobs became Disney's largest shareholder in 2006 when Disney bought Pixar. 

Powered by Frankly
All content &copy; Copyright 2000 - 2020. All Rights Reserved. <BR>For more information on this site, please read our <a href="//wnow.worldnow.com/story/18990/this-web-sites-privacy-policy" >Privacy Policies </a>, and <A HREF="//wnow.worldnow.com/story/18991/this-sites-terms-of-service">Terms of Service</A>.