Ronald Wayne sold 10% of Apple shares for just $800 four decades ago.

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expressman33
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Ronald Wayne sold 10% of Apple shares for just $800 four decades ago.

Post by expressman33 » Fri Dec 25 2020 1:12pm

Ronald Wayne (born May 17, 1934) is a retired American electronics industry businessman. He co-founded Apple Computer Company (now Apple Inc.) as a partnership with Steve Wozniak and Steve Jobs, providing administrative oversight and documentation for the new venture.

Ron Wayne helped the pair set up Apple on April 1, 1976, but sold his share after 12 days in the company for just $800 – around $10,000 today, after inflation. Little did he know, Apple would eventually balloon to become the world's most valuable company, the first to reach a coveted $1,000,000,000,000 valuation

https://www.thesun.co.uk/tech/6931229/a ... old-price/

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Re: Ronald Wayne sold 10% of Apple shares for just $800 four decades ago.

Post by BeautifulSunshine » Fri Dec 25 2020 10:06pm

Apple - didn't they do well.
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