Laurene Powell Biography & Net Worth

Laurene Powell Biography & Net Worth

Laurene Powell is the founder of Emerson Collective, a known organization that advocates for policies in support of immigration and education reform, social justice, and environmental conservation. She is an American businesswoman and co-founder of the natural foods company, Terravera. She is also the co-founder of the nonprofit organization, College Track, that offers comprehensive help to high school students who do not have the resources but are willing to attain higher education. Involving in all of these businesses has contributed to Laurene Powell net worth. She is a big socialite and one of the richest women in the world.

Despite all the wealth she has amassed, this personality is known for her kindness and down to earth nature. She is a well-known international figure, also known as the widow of co-founder of Apple, Steve Jobs. She is highly popular not just because of her connection to the late tech-wizard but because of her acts of philanthropy which has helped her win hearts of people across continents.

Laurene Powell’s Early Life

Laurene Powell Jobs was born in West Milford, New Jersey, United States on 6 November 1963. She is a former student of the University of Pennsylvania School of Arts and Sciences from where she earned her degree in Political Science. She also attended Wharton School of the University of Pennsylvania from where she earned a degree in Economics. Later on in 1991, she completed her M.B.A. at Stanford Graduate School of Business.

Laurene Powell’s Career

Laurene started her career at Merrill Lynch Asset Management. She also worked for Goodman Sachs as a fixed income trading strategist for three years. She decided to establish herself so she co-founded Terravera, a natural foods company which was eventually sold off to the retailers of Northern California. The company, Achieva, included her as one of the board of directors. The company provided students with online tools, aimed at helping them become more efficient at standardized testing.

Laurene also worked hard personally to improve lives of many, especially students who were struggling. She joined hands with another entrepreneur named Carlos Watson, and they established the nonprofit organization called College Track. Their organization was designed to help students who didn’t have the necessary resources to complete their education. Apart from this, the ambitious philanthropist also founded Emerson Collective. To add to her list of career position, Laurene serves on the advisory board of Udacity. It is a company that provides affordable education to students.

Awards & Achievements

Laurene Powell’s contributions have never gone unnoticed. She has been appreciated through various means and has received several awards and honours. In 2014, Forbes ranked her 29th most powerful woman alive. The same list named her the richest woman in the technological industry. Her achievements are numerous, including being honoured by Barack Obama when she was included in the White House Council for Community Solutions.

Personal Life & Family

Laurene Powell met Steve Jobs during his lecture at Stanford Business School in 1989 where she was a student. The duo connected instantly and had dinner together that night. Two years later, they tied the knot at the Ahwahnee Hotel. In September 1991, Laurene gave birth to her first child, a son, Reed. This was followed by the birth of daughters Erin and Eve in 1995 and 1998 respectively.

Her husband died in 2011 due to pancreatic cancer and she inherited his Steven P. Jobs Trust which worth more than $7 billion at that time. This trust is presently known as Laurene Powell Jobs Trust.

She is currently 56 years old, has a height of 175cm and weighs 64kg.

Laurene Powell Net Worth

Some of Laurene Powell’s fortune comes from the different businesses and organizations she established, but most of the big bucks come from the inheritance of her deceased husband’s wealth.

She inherited 64.3 million shares of Disney and 5.5 million shares of Apple Inc. She consciously withdrew her portion from the former, cutting it down to half in 2017. As of the time of this publication, she is one of the three richest woman in the United States, and ranks 5th on the world’s richest women index. Laurene also worked hard personally to improve lives of many, especially students. She combined with another entrepreneur named Carlos Watson, and they started the organization called College Track. Their establishment was designed to help students who didn’t have the necessary resources to complete their education. Apart from this, the kind hearted philanthropist also founded Emerson Collective. To add to her list of career position, Laurene serves on the advisory board of Udacity. It is a company that provides affordable education to students.

As of now, the widow lives in Palo Alto with her three children. She dotes on her kids and provides them a luxurious life. Her house which consists of six bedrooms is said to worth $16.5 million. She is also the owner of three more houses, including a villa in the Bay Area which she once shared with her late spouse.

Laurene Powell net worth is estimated at $37.4 billion . She did not have much of a career until she ventured into different businesses and established herself as an investor.