Sunday, 27 April 2025
Trending

Business News

Laurene Powell Jobs is one of Kamala Harris’ biggest donors—and closest friends

Laurene Powell Jobs is one of Kamala Harris’ biggest donors—and closest friends


High-profile friendships are always somewhat of a novelty—especially when they intersect business and politics. Take the cozy relationship between Laurene Powell Jobs and Vice President Kamala Harris, for example. 

Powell Jobs, the widow of Apple co-founder and former CEO Steve Jobs, has been friends with the Democratic presidential nominee for years. In fact, these two powerful women are so close Harris has referred to Powell Jobs as part of her family.

In 2017, then-vice president Joe Biden swore in Harris as a U.S. senator, and right after the ceremony they posed for a photo in the Capitol with her family. Then she asked Biden to take a picture with her “extended family,” according to a report from The New York Times. Powell Jobs—one of the richest women in the world—was quick to jump in.

She inherited Jobs’ stakes in Disney and Apple upon his death, with her net worth amounting to $11.5 billion today, according to the Bloomberg Billionaires Index

But Powell Jobs’ claim to fame isn’t just being the wife of the late and great Steve Jobs. She founded the Emerson Collective, a philanthropy and investment firm heavily focused on education, immigration reform, environmental issues, health, as well as media and journalism (the collective is a majority owner of The Atlantic and funded Axios). 

Laurene Powell Jobs’ connection to Democratic politics

Beyond business investments, though, Powell Jobs and the Emerson Collective have also been heavily funding democratic politics for the past several years. Since 2020, Powell Jobs and the Emerson Collective have donated more than $3.4 million to democratic nominees and other funds, according to Federal Election Commission filings collected by Fortune

Powell Jobs is among several wealthy women with connections to Silicon Valley making major donations to democratic candidates. Since 2020, philanthropist Melinda French Gates has made $2.09 million in donations, 23andMe CEO Anne Wojcicki has donated $1.84 million, and former Meta COO Sheryl Sandberg has donated $1.53 million.

Not only has Powell Jobs consistently donated to democrats, but she’s also taken a special interest in her friend Harris. In 2023, Powell Jobs made three donations to Harris’ campaign amounting to nearly $1 million. 

“Laurene has a gift for friendship, especially old friends—she is tribally loyal,” David Bradley, who sold The Atlantic magazine to the Emerson Collective, told The New…

Click Here to Read the Full Original Article at Fortune | FORTUNE…