Laurene Powell Jobs, widow of Steve Jobs, buys Malibu estate for $94 million

Laurene Powell Jobs, widow of Apple visionary Steve Jobs, just paid $94 million for an oceanfront estate in Malibu’s Paradise Cove, The Times has confirmed. The billionaire businesswoman has been on a Malibu spending spree over the last decade, amassing a compound spanning multiple parcels in one of the most affluent enclaves in the country. Real estate records show that Jobs has spent around $80 million on three adjacent properties since 2015.

The billionaire philanthropist first broke into the Malibu market in 2015, spending $44 million on a double-parcel property and demolishing the 13,000-square-foot home it held. She bought the house next door two years later for $16.5 million, and in 2021, she added an adjacent five-bedroom cottage for $17.5 million. In 2018, the Real Deal reported that the mansion she was building was among the many valuable homes damaged in the Woolsey fire.

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