Laurene Powell Jobs' stunning rise as an altruistic $16 billion power player in media and politics looks nothing like the hard-edged Steve Jobs kingdom — but parallels are starting to show
It's all quite a change from the person who for years seemed content to exist in the shadow of.
For Bradley, Laurene Powell Jobs was just the kind of"generational owner" he was looking for — someone who was young enough to hold The Atlantic for decades, not years, as he had been doing since he bought the magazine back in 1999. Laurene Powell Jobs with The Atlantic's David Bradley and author Ta-Nehisi Coates at a dinner in New York in 2018."She's utterly charming and friendly, but you can tell she doesn't suffer fools easily," he added.
"Laurene is willing to take some risks and do some very, very nontraditional things," said Duncan, who started Chicago Cred, Emerson Collective's marquee anti-gun-violence initiative, in 2016."She's not bound by traditional philanthropy. I think she probably rejects that or rebels against that.".
while fundraising from Goldman Sachs. Emerson was an early investor in Ozy, and Powell Jobs sat on its board until 2019. Other setbacks include Ideaa literary journal led by Leon Wieseltier, which Powell Jobs pulled the plug on one week before distribution after Wieseltier was accused of sexual harassment.
Back at the Emerson royal court, the acquisition of The Atlantic represented one more asset in an increasingly sprawling organization with different and sometimes conflicting goals, one whose divisions and leaders often operated as independent fiefdoms, linked more directly to Powell Jobs than to one another.
After the National Memorial for Peace and Justice, a monument to the victims of lynching, opened in Montgomery, Alabama, in 2018, nonprofits around the country received invitations to bring their employees to visit the site, with the cost of travel covered. The bill was paid for by Emerson, though many of the nonprofits, all previous recipients of Emerson largesse, had no idea, according to two former employees.In fact, Emerson appears to have had a hand in the creation of the monument itself.
A celebrity photographer who took pictures of Powell Jobs for a 2018 Washington Post profile recalls her being"perfectly pleasant" but surrounded by an entourage of"rottweilers." She was"exceedingly controlled in every respect," the photographer said. "I get the sense that Emerson Collective is really trying, and they're talking the talk … but there's also been sort of a lack of transparency," said Uriel Hernandez, an East Palo Alto native who recently finished a four-year term as planning commissioner for the city, where Emerson is developing land along the industrial waterfront into shops, offices, housing, and a community center.
"I think we share a common belief that this is among the most, if not the most, important civil-rights and social-justice issues of our generation," Ali said of Powell Jobs."Education was the path out for both of us." Later that year, Emerson Collective decided to wind down its support for Chalkbeat and give the publication a final $200,000"exit" grant.
Powell Jobs"approves everything," the former employee said."You have to assume that this is not Russlynn acting in a vacuum." Sitting on the sidelines of the Circus Maximus, the ancient stadium once used by emperors for chariot races, the pair looked exhausted from the thick Italian heat. Occasionally Powell Jobs checked her iPhone before returning her gaze to the show-jumping course in front of her.
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