Apple Owes Steve Jobs Some Money: $37.91

Steve Jobs has some unclaimed property, ranging from unclaimed wages at Apple to shares of IBM and Time Warner as well as unclaimed annuity and insurance checks.

Apple CEO Steve Jobs may not be in a hurry to pick up his $37.91 in unclaimed property. Photo: Christoph Dernbach/Flickr

Steve Jobs has yet to accept small amounts of money owed to him by several companies, including his own, Apple Inc. So, does anyone know where is Steve Jobs? Because Apple doesn’t know, but has something for him.

Apple Inc. filed a claim with the state of California saying its CEO, Steven P. Jobs, hasn’t claimed property worth $37.91, according to a listing with the state controller’s office.

The program “holds property that has been turned over to the State of California for safekeeping by businesses when they lose contact with the property owner(s),” according to the same website.

The property type is listed as “other,” and a spokesman for the controller declined to elaborate on what the item is because that information isn’t public record. Here’s a mysterious listing from the State of California’s Unclaimed Property program:

To claim his property, Steve Jobs only needs to file paperwork with the state, which can now be done online. Picture: Siarhei Karotki/TheBlogIsMine

California law requires claims be posted for property “abandoned or lost” for more than three years. If the person doesn’t claim it after six months, the property is transferred to the state, which then attempts to contact the owner, the spokesman said.

The form was filed by Apple Computer Inc., which was the name of the Cupertino, California, company for about three decades before changing to Apple Inc. in 2007.

While the amount might seem small – and it certainly would be considered inconsequential for a billionaire like Steve Jobs – it’s the equivalent of nearly 38 years of cash salary for the Apple CEO. Jobs famously takes just $1 per year in salary, cushioned by generous stock options.

Claims from insurance and technology companies are also listed on the controller’s office website. IBM reported that it owes Jobs $21.45 in stock and another mysterious property listed as costing $14.30. Time Warner, which owns CNN, filed a claim last year saying it owes Jobs 20 cents. [via CNN, Gawker and Apple Insider]

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