Steve Jobs hid his Porsche; Apple’s new CEO is the opposite

Steve Jobs concealed his Porsche to seem less wealthy, while the new Apple CEO, John Ternus, owns an exclusive model.
Porsche has long been associated with luxury and speed, captivating notable figures in the tech world. Steve Jobs, Apple’s co-founder, owned a Porsche 911, which he ironically tried to hide to project a modest image. This contrast is stark today with John Ternus, Apple’s current CEO, who possesses an extremely exclusive Porsche, with only 77 units in existence worldwide.
Why it matters
Jobs' story reflects the culture of Silicon Valley, where image and perception can significantly impact how companies and their leaders are viewed. While Jobs aimed to maintain a humble appearance, Ternus appears to embrace luxury, possibly indicating a shift in Apple’s corporate narrative.
What we know
Steve Jobs used his Porsche as a tool to attract investments for his company NeXT after leaving Apple. His desire to appear less wealthy was tied to his need for financial support, showcasing a more human side of the tech mogul.
What remains unclear
It has not been confirmed whether Ternus's Porsche has any strategic implications for Apple or if his acquisition simply reflects personal taste. The company has not made official comments regarding Ternus's decision to showcase his luxury car.
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