Steve Jobs’ son watched him battle cancer; now he’s fighting the disease with $1bn

Reed Jobs was 12 when his father, Apple co-founder Steve Jobs, was diagnosed with a rare form of pancreatic cancer. Eight years later, Steve died at 56, while Reed was an undergraduate at Stanford. The experience shaped Reed’s interest in cancer research, leading him to spend summers working in oncology laboratories as a teenager before eventually moving into healthcare investing. In 2023, he launched Yosemite, an oncology-focused investment firm that combines venture capital with philanthropic funding. Yosemite initially launched with more than $200 million. By early 2026, the firm had raised another $200 million-plus for its second fund and said it was managing more than $1 billion in assets.Reed Jobs’ childhood changed after Steve Jobs’ diagnosisReed became interested in cancer after seeing his father diagnosed when he was 12. Steve Jobs had been diagnosed with a pancreatic neuroendocrine tumour, a rare form of pancreatic cancer.