Steve Jobs never "owned" the Walt Disney Company in its entirety, but he was at one point its largest individual shareholder. This relationship began in 2006 when Disney acquired Pixar Animation Studios—a company Jobs had bought from George Lucas and built into a powerhouse—for $7.4 billion in stock. As a result of this all-stock deal, Jobs received roughly 7% of Disney's outstanding shares and a seat on the Disney Board of Directors. After his death in 2011, his shares were transferred to the Steven P. Jobs Trust, managed by his widow, Laurene Powell Jobs. Over the following decade, the trust significantly reduced its stake, selling off large portions of the stock. Today, the Jobs family is no longer the majority or largest shareholder, as institutional investors (like Vanguard and BlackRock) hold the most significant portions of the company. However, Jobs' influence on Disney's digital strategy and the creative synergy between Pixar and Disney remains a cornerstone of the company's modern success.