Steve Jobs's Widow Is Over $900 Million Richer After Disney's Stock Surge

The surge in Walt Disney's stock to an all-time high on Wednesday is making Laurene Powell Jobs, the widow of Apple Inc. and Pixar Animation Studios founder Steve Jobs, a pretty penny. A trust fund bearing Ms. Jobs's name is Disney's largest shareholder, as it owns 130,181,925 shares, or 7.7% of the entertainment giant's outstanding stock. The trust got its stake when Disney bought Pixar in 2006. With Disney's stock soaring $7.03, or 7.5%, in morning trade, the trust is about $915,178,933 richer. The stock, a component of the Dow Jones Industrial Average, hit an all-time intraday high of $101.43 earlier in the session. It has now run up 12% over the past three months, while the Dow has gained 1.7%.