Steve Jobs, Co-founder of Apple, Dies at 56

October 6, 2011

Steve Jobs, Co-founder of Apple, Dies at 56

The man who forged Apple into a global powerhouse and shaped how people listen to music and use  computers has died peacefully surrounded by his family in California.
Mr. Jobs had stepped down  from his role of CEO in late August, saying he could no longer fulfill his duties, and became chairman.
He had been plagued with health issues for the last few years undergoing surgery for a rare form of pancreatic cancer in 2004, and a liver transplant in 2009.

Jobs was 20 when he  co-founded Apple with Steve Wozniak in his parents’ garage, within 10 years it had grown into a $2 billion company with 4000 employees, headlined by the Apple Mac.   He was fired from the company he founded in 1985 after losing control of its board.
Later, he said it was “the best thing that could have ever happened to me”.  He made his fortune through the hugely profitable animation studio Pixar – creator of movies like Toy Story before triumphantly returning to Apple 11 years after he left.  The reborn Apple boss famously took a salary of only $1 for his work at the tech giant but received millions in stock options for his work.  His return brought a series of landmark devices that changed the information and leisure landscape most notably the iPod and the iPhone.

Tributes poured in from around the world, with the news of Jobs’s death.

“Steve was among the greatest of American innovators brave enough to think differently, bold enough to believe he could change the world, and talented enough to do it,” said U.S. President Barack Obama.

Bill Gates, former CEO of Microsoft, said he was “truly saddened to learn of Steve Jobs’s death.” adding: “The world rarely sees someone who has had the profound impact Steve has had, the effects of which will be felt for many generations to come. For those of us lucky enough to get to work with him, it’s been an insanely great honor. I will miss Steve immensely.”

Jobs leaves an estimated $8.3 billion, but he often dismissed others’ interest in his wealth. “Being the richest man in the cemetery doesn’t matter to me … Going to bed at night saying we’ve done something wonderful … that’s what matters to me.”

He is survived by his wife, Laurene, and four children.

Publisher: Salient News