Steve Jobs (Entrepreneurs)

Steven Paul “Steve” Jobs was born on February 24, 1955 in San Francisco, California, U.S. & died on October 5, 2011 in Palo Alto, California, U.S., was an American computer entrepreneur and innovator. He was co-founder, chairman, and chief executive officer of Apple Inc. Jobs also previously served as chief executive of Pixar Animation Studios; he became a member of the board of directors of The Walt Disney Company in 2006, following the acquisition of Pixar by Disney. He was credited in Toy Story (1995) as an executive producer.

Jobs was adopted by the family of Paul Jobs and Clara Jobsof Mountain View, California. Paul and Clara later adopted a daughter, Patti. Jobs’ biological parents – Abdulfattah John Jandali, a Syrian Muslim immigrant to the U.S., who later became a political science professor at the University of Nevada and is presently a vice president of Boomtown Hotel Casino in Reno, Nevada, and Joanne Schieble (later Simpson), an American graduate student of Swiss and German ancestry who went on to become a speech language pathologist – eventually married.

The marriage produced Jobs’ biological sister, novelist Mona Simpson; the two of them first met in 1986 as adults and enjoyed a close relationship since, with Jobs regularly visiting Simpson in Manhattan. From Simpson, Jobs learned more about their birth parents and he invited his biological mother Joanne to some events. Jandali claims that he didn’t want to put Jobs up for adoption but that Simpson’s parents did not approve of her marrying a Syrian. Jandali’s few attempts to contact Jobs were unsuccessful;Jobs did not contact his biological father either. Jandali gave an interview to The Sun in August 2011 when Jobs resigned as CEO of Apple; Jandali also mailed in his medical history after Jobs’ pancreatic disorder was made public that year.

Jobs attended Cupertino Junior High and Homestead High School in Cupertino, California. He frequented after-school lectures at the Hewlett-Packard Company in Palo Alto, California, and was later hired there, working with Steve Wozniak as a summer employee. Following high school graduation in 1972, Jobs enrolled at Reed College in Portland, Oregon. Although he dropped out after only one semester, he continued auditing classes at Reed, while sleeping on the floor in friends’ rooms, returning Coke bottles for food money, and getting weekly free meals at the local Hare Krishna temple. Jobs later said, “If I had never dropped in on that single calligraphy course in college, the Mac would have never had multiple typefaces or proportionally spaced fonts.”

In the fall of 1974, Jobs returned to California and began attending meetings of the Homebrew Computer Club with Wozniak. He took a job as a technician at Atari, a manufacturer of popular video games, with the primary intent of saving money for a spiritual retreat to India.

Jobs then traveled to India to visit the Neem Karoli Baba at his Kainchi Ashram with a Reed College friend (and, later, the first Apple employee), Daniel Kottke, in search of spiritual enlightenment. He came back a Buddhist with his head shaved and wearing traditional Indian clothing. During this time, Jobs experimented with psychedelics, calling his LSD experiences “one of the two or three most important things done in his life”. He later said that people around him who did not share his countercultural roots could not fully relate to his thinking.

Jobs returned to his previous job at Atari and was given the task of creating a circuit board for the game Breakout. According to Atari founder Nolan Bushnell, Atari had offered $100 for each chip that was eliminated in the machine. Jobs had little interest in or knowledge of circuit board design and made a deal with Wozniak to split the bonus evenly between them if Wozniak could minimize the number of chips. Much to the amazement of Atari, Wozniak reduced the number of chips by 50, a design so tight that it was impossible to reproduce on an assembly line. According to Wozniak, Jobs told Wozniak that Atari had given them only $700 (instead of the actual $5,000) and that Wozniak’s share was thus $350.

In the late 1970s, Jobs—along with Apple co-founder Steve Wozniak, Mike Markkula and others—designed, developed, and marketed one of the first commercially successful lines of personal computers, the Apple II series. In the early 1980s, Jobs was among the first to see the commercial potential of Xerox PARC’s mouse-driven graphical user interface, which led to the creation of the Macintosh. After losing a power struggle with the board of directors in 1985, Jobs resigned from Apple and founded NeXT, a computer platform development company specializing in the higher-education and business markets. Apple’s subsequent 1996 buyout of NeXT brought Jobs back to the company he co-founded, and he served as its CEO from 1997 until August 2011.

In 1986, he acquired the computer graphics division of Lucasfilm Ltd, which was spun off as Pixar Animation Studios. He remained CEO and majority shareholder at 50.1 percent until its acquisition by The Walt Disney Company in 2006. Consequently Jobs became Disney’s largest individual shareholder at 7 percent and a member of Disney’s Board of Directors. On August 24, 2011, Jobs announced his resignation from his role as Apple’s CEO.

Even though Jobs earned only $1 a year as CEO of Apple, he held 5.426 million Apple shares, as well as 138 million shares in Disney (which he had received in exchange for Disney’s acquisition of Pixar). Jobs quipped that the $1 per annum he was paid by Apple was based on attending one meeting for 50 cents while the other 50 cents was based on his performance. Forbes estimated his net wealth at $8.3 billion in 2010, making him the 42nd wealthiest American.

Jobs married Laurene Powell on March 18, 1991. Presiding over the wedding was the Zen Buddhist monk Kobun Chino Otogawa. The couple have a son and two daughters. Jobs also has a daughter, Lisa Brennan-Jobs (born 1978), from his relationship with Bay Area painter Chrisann Brennan. She briefly raised their daughter on welfare when Jobs denied paternity by claiming he was sterile; he later acknowledged Lisa as his daughter.

In the unauthorized biography, The Second Coming of Steve Jobs, author Alan Deutschman reports that Jobs once dated Joan Baez. Deutschman quotes Elizabeth Holmes, a friend of Jobs from his time at Reed College, as saying she “believed that Steve became the lover of Joan Baez in large measure because Baez had been the lover of Bob Dylan” (Dylan was the Apple icon’s favorite musician). The biography also notes that Jobs went out with actress Diane Keaton briefly. In another unauthorized biography, iCon: Steve Jobs by Jeffrey S. Young & William L. Simon, the authors suggest that Jobs might have married Baez, but her age at the time (41) meant it was unlikely the couple could have children.

In 1982, Jobs bought an apartment in The San Remo, an apartment building in New York City with a politically progressive reputation, where Demi Moore, Steven Spielberg, Steve Martin, and Princess Yasmin Aga Khan, daughter of Rita Hayworth, also had apartments. With the help of I.M. Pei, Jobs spent years renovating his apartment in the top two floors of the building’s north tower, only to sell it almost two decades later to U2 singer Bono. Jobs had never moved in.

In 1984, Jobs purchased a 17,000-square-foot (1,600 m2), 14-bedroom Spanish Colonial mansion, designed by George Washington Smith, in Woodside, California (also known as Jackling House). Although it reportedly remained in an almost unfurnished state, Jobs lived in the mansion for almost ten years. According to reports, he kept an old BMW motorcycle in the living room, and let Bill Clinton use it in 1998. From the early 1990s, Jobs lived in a house in the Old Palo Alto neighborhood of Palo Alto. President Clinton dined with Jobs and 14 Silicon Valley CEOs there on August 7, 1996, at a meal catered by Greens Restaurant. Clinton returned the favor and Jobs, who was a Democratic donor, slept in the Lincoln bedroom of the White House.

Jobs allowed Jackling House to fall into a state of disrepair, planning to demolish the house and build a smaller home on the property; but he met with complaints from local preservationists over his plans. In June 2004, the Woodside Town Council gave Jobs approval to demolish the mansion, on the condition that he advertise the property for a year to see if someone would move it to another location and restore it. A number of people expressed interest, including several with experience in restoring old property, but no agreements to that effect were reached. Later that same year, a local preservationist group began seeking legal action to prevent demolition. In January 2007 Jobs was denied the right to demolish the property, by a court decision. The court decision was overturned on appeal in March 2010 and the mansion was demolished beginning February 2011.

Jobs usually wore a black long-sleeved mock turtleneck made by St. Croix, Levi’s 501 blue jeans, and New Balance 991 sneakers. He was a pescetarian, one whose diet includes fish but no other meat.

His car was a silver 2008 Mercedes SL 55 AMG, which does not display its license plates.

In mid-2004, Jobs announced to his employees that he had been diagnosed with a cancerous tumor in his pancreas. The prognosis for pancreatic cancer is usually very poor; Jobs, however, stated that he had a rare, far less aggressive type known as islet cell neuroendocrine tumor. Jobs resisted his doctors’ recommendations for evidence-based medical intervention for nine months, instead consuming a special alternative medicine diet to thwart the disease, before eventually undergoing a pancreaticoduodenectomy (or “Whipple procedure”) in July 2004 that appeared to successfully remove the tumor. Jobs apparently did not require nor receive chemotherapy or radiation therapy. During Jobs’ absence, Timothy D. Cook, head of worldwide sales and operations at Apple, ran the company.

In early August 2006, Jobs delivered the keynote for Apple’s annual Worldwide Developers Conference. His “thin, almost gaunt” appearance and unusually “listless” delivery, together with his choice to delegate significant portions of his keynote to other presenters, inspired a flurry of media and Internet speculation about his health. In contrast, according to an Ars Technica journal report, WWDC attendees who saw Jobs in person said he “looked fine”. Following the keynote, an Apple spokesperson said that “Steve’s health is robust.”

On January 17, 2011, a year and a half after Jobs returned from his liver transplant, Apple announced that he had been granted a medical leave of absence. Jobs announced his leave in a letter to employees, stating his decision was made “so he could focus on his health”. As during his 2009 medical leave, Apple announced that Tim Cook would run day-to-day operations and that Jobs would continue to be involved in major strategic decisions at the company. Despite the leave, he made appearances at the iPad 2 launch event (March 2), the WWDC keynote introducing iCloud (June 6), and before the Cupertino city council (June 7).

Jobs announced his resignation from his role as Apple’s CEO on August 24, 2011. In his resignation letter, Jobs wrote that he could “no longer meet his duties and expectations as Apple’s CEO”.

In August 2011, Jobs resigned as CEO of Apple, but remained at the company as chairman of the company’s board. Hours after the announcement, Apple Inc. (AAPL) shares dropped 5% in after-hour trading. The relatively small drop, when considering the importance of Jobs to Apple, was associated with the fact that Jobs’ health had been in the news for several years, and he was on medical leave since January 2011. It was believed, according to Forbes, that the impact would be felt in a negative way beyond Apple, including at The Walt Disney Company where Jobs served as director. In after-hour trading on the day of the announcement, Walt Disney Co. (DIS) shares dropped 1.5%.

On October 5, 2011, Jobs’ family made a statement that he “died peacefully today”.

Apple released a separate statement saying that Jobs had died. The statement read: “We are deeply saddened to announce that Steve Jobs passed away today. Steve’s brilliance, passion and energy were the source of countless innovations that enrich and improve all of our lives. The world is immeasurably better because of Steve. His greatest love was for his wife, Laurene, and his family. Our hearts go out to them and to all who were touched by his extraordinary gifts.”

Also on October 5, 2011, Apple’s corporate website greeted visitors with a simple page showing Jobs’ name and lifespan next to his greyscale portrait. Clicking on Jobs’ image led to an obituary that read “Apple has lost a visionary and creative genius, and the world has lost an amazing human being. Those of us who have been fortunate enough to know and work with Steve have lost a dear friend and an inspiring mentor. Steve leaves behind a company that only he could have built, and his spirit will forever be the foundation of Apple.” An email address was also posted for the public to share their memories, condolences, and thoughts.

Jobs is survived by his wife, Laurene, to whom he was married for 20 years; their three children, Reed (born 1991), Erin (born 1995), and Eve (born 1998); and a fourth child, Lisa Brennan-Jobs, from a previous relationship.

Statements reacting to Jobs’ death were released by several notable people, including U.S. President Barack Obama, Microsoft founder Bill Gates, and The Walt Disney Company’s Bob Iger. Wired News collected reactions and posted them in tribute on their homepage. Other statements of condolences were issued by the likes of Steven Spielberg, Mark Zuckerberg, Steve Wozniak and George Lucas.

Due to his youth, great wealth, and charisma, after Apple’s founding, Jobs became a symbol of his company and industry. When Time named the computer as the 1982 “Machine of the Year”, the magazine published a long profile of Steve as “the most famous maestro of the micro”.

Jobs was awarded the National Medal of Technology by President Ronald Reagan in 1984 with Steve Wozniak (among the first people to ever receive the honor), and a Jefferson Award for Public Service in the category “Greatest Public Service by an Individual 35 Years or Under” (also known as the Samuel S. Beard Award) in 1987. On November 27, 2007, Jobs was named the most powerful person in business by Fortune Magazine. On December 5, 2007, California Governor Arnold Schwarzenegger and First Lady Maria Shriver inducted Jobs into the California Hall of Fame, located at The California Museum for History, Women and the Arts.

In August 2009, Jobs was selected as the most admired entrepreneur among teenagers in a survey by Junior Achievement. On November 5, 2009, Jobs was named the CEO of the decade by Fortune Magazine. In September 2011, Jobs was ranked No.17 on Forbes: The World’s Most Powerful People. In December 2010, the Financial Times named Jobs its person of the year for 2010, ending its essay by stating, “In his autobiography, John Sculley, the former PepsiCo executive who once ran Apple, said this of the ambitions of the man he had pushed out: ‘Apple was supposed to become a wonderful consumer products company. This was a lunatic plan. High-tech could not be designed and sold as a consumer product.’ How wrong can you be”.

After his resignation as Apple’s CEO, Jobs was characterized as the Thomas Edison and Henry Ford of his time.