Encouraging social entrepreneurs should be an issue the business world faces together with monetary rewards for those looking to help the world with their business skills, Laurene Powell Jobs believes. Forbes reports a public interview held at Stanford University with Powell Jobs that saw her detail her views and opinions on a number of issues in the political and business arenas. The founder of the College Track organization, which assists low income students in gaining access to higher education stated she believes the business world can do more for social entrepreneurs to provide motivation through monetary rewards that are rarely available through the programs and businesses they found.
Powell Jobs is now estimated to be worth over $19 billion and is ranked as the sixth richest woman in the world, she also founded the Emerson Collective, which is designed to challenge the status quo of the modern world. Her thoughts on how to improve the options for social entrepreneurs include Wall Street creating a fund that rewarded individuals for their work, although she did state the personal rewards were larger than money.
Asked about her personal experiences with gender inequality, Powell Jobs stated she had only experienced this problem as a younger person during a four year period when she worked as a trader on Wall Street. Despite the issues with gender inequality Powell Jobs stated she felt exploring different industries and business options was a good way of making sure an individual found the role that would be the most satisfying in the long term.
Born on November 6, 1963 in West Millford, New Jersey Laurene Powell Jobs is well-known for her work as a philanthropist. She is the founder of Emerson Collective, an advocacy of education and immigration reform, environmental conservation and social justice issues that utilizes entrepreneurial methods to create social reform. She also supports College Track, a nonprofit that helps under-resourced students and has a college completion program. She currently resides in Palo Alto, California and frequents Capitol Hill to discuss a variety of issues with lawmakers, including granting immunity to children of illegal immigrants under the conviction that children should not pay for their parent’s mistakes. She has donated to the super PAC Ready for Hillary in support of the Clinton campaign and regularly meets with members of the GOP. Her widespread fame in the political arena has been noticed by many politicians – GOP pollster Frank Luntz recently said, “She is known on the Hill. … The only thing that Senate Democrats and House Republicans have in common is a good relationship with Laurene.”
Powell Jobs earned a B.A. from the University of Pennsylvania, a B.S. in Economics from the Wharton School of the University of Pennsylvania in 1985 and an M.B.A. from Stanford Graduate School of Business where she met her late husband Steve Jobs while he was speaking at the school. She is a brilliant businesswoman who is versed in several different arenas: she helped to co-found natural foods company Terravera, has worked at Merrill Lynch Asset Management and Goldman Sachs as a trading strategist, is a backer and board member at start-up Ozy Media and currently serves on Stanford University’s Board of Trustees. She is the largest individual shareholder in Disney with more than 130 million shares and has an estimated net worth of over $17 billion.
Also an advocate of the Dream Act which is an acronym for Development, Relief, and Education for Alien Minors, Powell Jobs teamed up with filmmaker Davis Guggenheim, the documentarian behind “Waiting for Superman” to promote immigration reform through the film “The Dream Is Now” and appeared on Capitol Hill to showcase it to Congress members. While her philanthropy work and charitable donations have received much attention she has also tried to keep her generosity away from the spotlight; the media never even knew that she and her husband had made many contributions together for over two decades before the public caught on. Described as a private and humble person who once stated, “doing things anonymously and being nimble and flexible and responsive are all things we value on our team,” in reference to the organization she co-founded, Emerson Collective she is highly esteemed for her benevolence by many. She was a guest of Michelle Obama’s at the 2012 State of the Union address and was named to the 49ers Super Bowl Bid Committee. She was also involved as a potential buyer of the Los Angeles Clippers.
Powell Jobs was ranked at number 29 on the Forbes list of most powerful women in 2014. Democratic fundraiser Steve Spinner describes her as having a passion for the most important issues in politics and having the available resources to promote change, quoting, “She has found her own voice. The things she cares about take not only local leadership but national leadership. You are definitely seeing her blossom as a national leader on issues.”
In a recent Rollingstone interview, Bono, the lead singer of the band U2 explained that the giveaway of their new album on iTunes was a “shitstorm.”
Bono claimed to be unaware that the album would automatically download onto phones, comparing the event to putting a bottle of milk in people’s fridge without their permission. The milk, he says, was supposed to just appear on the front doorstep, allowing people to decide whether or not to bring it inside. I don’t Steve Jobs would’ve done something like that, I can’t imagine Laurene Powell Jobs would’ve let him put milk in the fridge.
USA Today chalked up the mass internet complaining fest to a lack of choice. People love to get stuff for free, they said, but only if the decision to accept rests in their hands. Having the album forced onto their phone overstepped the lines.
Despite the complaints, the album itself was a high-quality, well-produced piece of musicianship. In fact, U2 even delayed releasing a finished album produced by Danger Mouse last year, instead bringing on producer Ryan Tedder, the lead singer of OneRepublic to rework the music.