Why didn't Steve Jobs' children receive their millionaire inheritance?
Flashback to October 2011 - when the technological genius and founder of Apple, Steve Jobs, died of pancreatic cancer.
The genius who changed the world as we know it, left a technological legacy that, to this day, continues to grow and shape the future.
Obviously, as the visible head of Apple, Steve Jobs also left a considerable inheritance that, according to Forbes, was estimated at about $8.3 billion at the time.
Much of this wealth corresponded to the 5.5 million shares he owned in Apple and the 138 million shares he held in Disney.
For context, Steve Jobs owned 7% of Disney at the time, at a time when the company was growing steadily, thanks to its deals with Marvel, Star Wars and Pixar.
Married to Laurene Powell since 1991, his wife accompanied him until the end of his days, as did the couple's three children: Reed Paul, Eve and Erin Siena.
Logically, anyone would think that it was his three children who received, along with Laurene Powell, the bulk of Steve Jobs' estate upon his death. Nothing could be further from the truth.
The truth is that his three children did not receive a single dollar of the inheritance, as it went to two people: Laurene Powell and Lisa Brennan-Jobs. Who?
Lisa Brennan-Jobs was the first daughter that Steve Jobs had, in a relationship with Chrisann Brennan, prior to his marriage with Laurene Powell, as Lisa Brennan herself told in an interview to the New York Post.
For many years, and until 1991, Steve Jobs had refused to acknowledge Lisa Brennan as his daughter.
To make up for those years of lack of recognition, lack of financial support, and even less sentimental disposition, Steve Jobs arranged for the inheritance to be split between his wife and first daughter.
The obvious question everyone is asking is, why divide it between only two people, when there is enough inheritance to divide it between five and all of them remain multimillionaires?
According to Lisa Brennan, her father felt that his other three children were already successful professionals in their fields and would not need the money. And he was right.
Erin Siena has been the most discreet of the three disinherited siblings, keeping her identity and profession out of the media to live a life away from the spotlight. Reed Jobs graduated with honors from Stanford and found a home at the Emerson Collective, where they work to bring equality to disadvantaged groups.
Meanwhile, Eve Jobs, the youngest, is a professional equestrian rider, who went to the Tokyo Olympics, as well as a model at DNA Model Management with campaigns for Louis Vuitton and cover of the Japanese edition of 'Vogue'.
In the interview, Lisa Brennan, who is a journalist and writer, confirmed that the inheritance received was dedicated to charitable causes, through 'The Waverley Street Foundation' and 'Emerson Collective'. Yes, the one in which her stepbrother works.
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