updated 03:45 pm EST, Wed January 25, 2006
Apple CEO a sinner
Apple CEO Steve Jobs is undeserving of his "saintly" reputation, while Microsoft CEO Bill Gates deserves recognition for his generosity, according to a Wired News columnist. Speaking out against Jobs, Leander Kahney says that the Apple CEO is "nothing more than a greedy capitalist who's amassed an obscene fortune. It's shameful. In almost every way, Gates is much more deserving of Jobs' rock star exaltation." The columnist cites the fact that Gates has spoken out on major policy issues and publicly donated to charitable funds, "throwing billions of dollars at solving global health problems." Steve Jobs, on the other hand, does not speak out publicly on behalf of important social issues, nor do he or his wife appear on any charitable contribution lists "of note."
Disney recently announced that it will acquire animation giant and long-time partner Pixar for $7.4 billion in stock, which promises to line Jobs pockets with over $3.4 billion from Pixar shares alone. The acquisition will make Jobs the largest Disney shareholder, with seven percent of the company's total stock.
In addition, Jobs will soon be able to cash in on more than $800 million from the restricted Apple stock grant he received in 2003, at which time it was considered "worthless."