Saturday, April 3, 2010
Steve Jobs worth $25 bn: Barron's
Source:1 Apr, 2010, 0017 hrs IST, Indiatimes Infotech,
NEW DELHI: How much worth do you think Apple’s much-revered CEO Steve Jobs is?
It's whopping $25 billion, according to Barron’s, which has named Steve Jobs as the `world's most valuable CEO’ due to his direct impact on the company’s stock prices and revenue.
“Probably the world’s most valuable CEO is Steve Jobs of Apple, as shown by stock dips on news of his medical problems,” says the report, which is primarily a list of the most respected CEOs in the world.
Little doubt then that Apple shares fell to their lowest ever in December 2006 after Jobs announced last year that he will be on a six-month medical leave.
Thanks to his direct impact on the company's stock value, the question ‘Apple without Jobs?’ has for long worried Apple shareholders.
Barron's goes on to say Jobs' "cinematic return" to Apple "triumphantly rescued" the company and "America could use 1,000 more like him."
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