[Originally posted Oct. 21, 2009 on Fortune.com]
In September, Steve Jobs' $5.1 billion earned him the No. 43 spot on Forbes' list of the 400 richest Americans. Since then, Apple's shares have rocketed to a new all-time high, closing Wednesday at $204.92.
So Jobs was a lot richer Wednesday than he was in September -- $300 million richer, at least on paper -- but only 3/5 that increase is thanks to Apple (AAPL). The rest is Disney's (DIS) doing.
[Jobs was even richer before the market gave up most of its gains in the last hour of trading. See below.]
According to the two companies' proxy statements, the bulk of Jobs' net worth is in the form of preferentially owned stock:
- 5.426 million shares of Apple (most of it from a 2003 grant of 10 million shares, later reduced to pay taxes)
- 138 million shares of Disney (from when Disney acquired Pixar)
- from Apple: $180 milion
- from Disney: $120 million
- total: $300 million
Apple closed the day at $204.92, up 6.16 points. Disney closed at $29.23, down 12 cents.
[Follow Philip Elmer-DeWitt on Twitter @philiped]