Steve Jobs has not become a billionaire thanks to the head of Apple, but rather his work with this film company

After a power struggle that forced jobs to get out of Apple in 1985, Jobs bought the Lucasfilm graphic divisions next year for $ 10 million. The seller was George Lucas, fresh out of the creation of Star Wars empire. This small acquisition would soon be renowned Pixar – and will change both the fortune of Hollywood and Jobs forever.

The company has taken a difficult start, with jobs wondering to sell it several times, thanks in part to have to personally cover its monthly cash deficit. But in 1995, Jobs thought that Pixar was ready for grande hours. In a week in November, he had to release his first major film, Toyas well as the IPO.

Lawrence Levy, the company’s CFO, wrote that it reminded him of the 100 -meter sprint at the Olympic Games: a training life that comes down to an instant performance.

“If the world fell in love with ToyPixar would have the chance to ensure a new animated entertainment era, “he said in his book,” to Pixar and beyond: my improbable trip with Steve Jobs to make the history of entertainment. “”

“If this was not the case, Pixar could be struck off like any other company that has tried but has never been struck by the brand.”

The IPO which made jobs a billionaire

As an 80% Pixar owner, the IPOs on the stock market were even higher for jobs. If everything was going well, he finally hoped to see a return on his investment Pixar. If everything went south, he could close the door for a future collaboration with Disney and lead to the loss of a decade of his entrepreneurial life.

Fortunately, all expectations have been broken. The initial Pixar stock market price should be between $ 12 and $ 14, but at the end of the first day of negotiation, it was worth an increase of 175%, to $ 39 per share. It was largely thanks to Toy story, With Tom Hanks and Tim Allen as head of the head, double his box office expectations. Job participation increases its net value by more than a billion dollars.

Jobs later joined Apple in 1997, but he remained involved in Pixar when he had produced a blow after the blow, including Find Nemo, The Incredibles and Ratatouille—Cur by bringing hundreds of millions of dollars from world box offices. Disney has fully acquired Pixar for around $ 7.4 billion in equity in 2006. Job participation was worth around $ 4.6 billion.

Overall, Jobs’ desire to follow his instinct with Pixar proves the secular council that a key to success is to find your passion and put all your energy there.

“No matter what you do next, the world needs your energy, your passion, your impatience with progress,” said Apple Tim Cook CEO in 2015. “History rarely gives way to a person, but think and never forget what’s going on when it does.”

Find fortune beyond their main companies

Jobs is not the only one to be a business manager who has gained significant wealth apart from what they are mainly known. Elon Musk has a similar story.

Although the richest person in the world is known today to be the leader of Tesla and SpaceX, this is not how he first had his fortune. Musk sold its first ZIP2 company in Altavista for more than $ 300 million. He also made millions through the creation of Paypal, which is formed from a merger of the Musk X.com online financial services company with the software company Finity, co -founded by billionaire Peter Thiel.

Likewise, billionaire Richard Branson did not earn all his money by focusing on his air and space companies, Virgin Atlantic and Virgin Galactic. THE The 75 -year -old British serial entrepreneur has in fact become a billionaire in part thanks to his record store chain called Virgin Records. He was launched in 1971 and then extended to a musical label which presented artists like the Rolling Stones and Janet Jackson. Branson then sold Virgin Records in 1992 to the British music company Thorn Emi for $ 1 billion.