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March 26, 2007 10:51 AM PDT

Barron's: Steve Jobs is worth $20 billion

by Tom Krazit
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Apple CEO Steve Jobs is worth more to his company than any other CEO in the world, as much as $20 billion in market capitalization, according to the annual list of influential CEOs in Barron's Magazine.

In real life, Jobs isn't worth quite that much money, although once you get over a billion, who cares? But were he to leave Apple (willingly or unwillingly), the fallout would cost Apple $16 billion in stock market value, the magazine estimated. In the middle of the Monday trading day, Apple's market capitalization was $82 billion.

The article is behind a paid-subscription wall. But in a free video (for those who don't have any billions) posted on Barron's Web site, associate editor Andrew Bary puts the figure closer to $20 billion. Either way, Jobs is going to have to leave Apple at some juncture, and that day definitely won't be a good day for Apple investors.

Tom Krazit writes about the ever-expanding world of Internet search, including Google, Yahoo, online advertising, and portals, as well as the evolution of mobile computing. He has written about traditional PC companies, chip manufacturers, and mobile computers, spending the last three years covering Apple. E-mail Tom.
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