A Practical Example of a Family-Office

To give you a practical, real life example of what a family office is and why they matter, you need to look no further than Steve Jobs, the American founder of Apple Computer and Pixar, who created a “first generation family office” based on his genius, drive, and creativity.

When Steve Jobs died in 2011 due to complications from a relapse of his previously treated islet-cell neuroendocrine pancreatic cancer, his wife, Laurene Powell Jobs, inherited $17.6 billion from the Stephen P. Jobs Trust to become the fourth-richest woman in the world and the 49th wealthiest person on the 2016 Forbes annual list of world billionaires.

Jony Ivy’s short seven minute eulogy in which he describes the “bold, crazy and magnificent” ideas that Steve Jobs inspired embodies the vision and mission that we hold dear at our firm. You can view the eulogy by clicking here.