Rumours of a Disney take-over of the animation firm have taken a boost, with news that Pixar's board will consider the bid today.

According to the Daily Telegraph, Pixar's board will meet today to approved a $7 billion deal from Walt Disney, which will transform Pixar CEO Steve Jobs into Disney's largest individual shareholder.

"The board of Pixar Animation Studios, the digital animations company, is set to meet tomorrow to approve the company's $7bn takeover by Disney," the Telegraph says.

The deal will make Jobs about $3.5 billion, probably driving him a few notches higher on the lists of the world's richest people.