San Francisco has a check with Steve Jobs’ name on it.
It’s for a piddling amount — a $174 refund for overpaid parking tickets — and Jobs’ estate has only until March 3 to claim it.
It’s part of the San Francisco Municipal Transportation Authority’s plan to give back a total of $6 million in overpaid parking fines dating back as far as 1995 (before Jobs had even rejoined Apple). If Jobs’ estate doesn’t claim the $174, the money will be gobbled up by SFMTA.
The overpayments come from the 1.5 million tickets per year written by San Francisco meter maids. And Jobs isn’t the only tech guru on the list: Uber CEO Travis Kalanick can claim $510 for four tickets.
“This is their money and they’re due a refund if they want it,” said SFMTA spokesman Paul Rose.
Jobs’ estate was worth $11 billion at the time of his death in 2011, so I doubt his family needs the money. Then again, Jobs was famously one of the “$1 a year” CEOs. By those numbers, $174 is close to two centuries’ worth of work on his part!
Source: NBC Bay Area
Via: Gizmodo
Luke Dormehl is a U.K.-based journalist and author, with a background working in documentary film for Channel 4 and the BBC. He is the author of The Apple Revolution and The Formula: How Algorithms Solve All Our Problems … and Create More, both published by Penguin/Random House. His tech writing has also appeared in Wired, Fast Company, Techmeme and other publications.
7 responses to “Steve Jobs is still owed $174 for overpaid parking tickets”
Luke: If Steve Jobs took $1 a year, then $174 would be 174 years, not “close to 15”. Sigh… what has happened to basic math?
Ugh. You are 100 percent right. I calculated it as months, not years. My terrible mistake.
Thanks for pointing this out, by the way. The “ugh” was aimed fully at myself.
Steve had stock benefits and other assets worth millions of $USD. So the $1.00 a year is a tad bit misleading.
I know that was the case. I was joking about the chances Steve would have desperately needed the $174. But you’re absolutely right that few of these $1 CEOs actually make only $1 per year.
Yeah. I’d take the $1.00 too if I could also get a few hundred thousand of Apple’s stock!
Probably used them for wallpaper in his office