Apple 2.0

Covering the business that Steve Jobs built

Report: Steve Jobs' widow has bought a house in Sun Valley

July 13, 2012: 8:18 AM ET

Meanwhile, the Jobs' family home in Palo Alto is undergoing major renovations

The Palo Alto home. Photo: CultofMac

FORTUNE -- Laurene Powell Jobs has been busy.

According to Thurday's New York Post, the richest woman in Silicon Valley (estimate wealth: $9 billion) purchased a house within the last few days in the vicinity of Sun Valley, Idaho, where an A-list of media moguls -- including Apple (AAPL) CEO Tim Cook --  and a B-list of New York Post reporters are gathered for this year's Allen & Co. retreat.

The new house is described as a double A-frame valued between $3 and $4 million.

Meanwhile, the Cult of Mac's Killian Bell reports that major renovations are underway in the Palo Alto, Calif., home she shared with Steve Jobs. According to Bell, the changes may involve replacing the roof and are extensive enough to have forced the family to vacate.

Powell is reported to be continuing work on the yacht Jobs was building before he died, but there's no word on whether she plans to replace the mansion he demolished in Woodside, Calif.

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Philip Elmer-Dewitt
Philip Elmer-DeWitt
Editor, Apple 2.0, Fortune

Philip Elmer-DeWitt has been following Apple since 1982, first for Time Magazine, and now on the Web for

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