Who sold their share in Apple for $800?

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Who sold their share in Apple for $800?

Who sold their share in Apple for $800?

Ronald Wayne Twelve days later, he sold his 10% share of the new company back to Jobs and Wozniak for US$800, and one year later accepted a final US$1,500 to forfeit any potential future claims against the newly incorporated Apple, totaling US$2,300....
Ronald Wayne
Known forCo-founding Apple Inc.

How much did Ronald Wayne make from Apple?

Ronald Wayne is an American investor and technologist most-famous for being one of the co-founders of Apple Inc. Ronald Wayne has a net worth of $400 thousand. Wayne infamously at one point decided to sell his 10% stake in Apple back to Steve Jobs and Steve Wozniak in 1976 for $800.

Why did Ronald Wayne sell Apple shares?

So, why did Wayne sell his share? The businessman told Business Insider once that during initial days Apple, Jobs had taken out a $15,000 loan so he could buy supplies to fulfil Apple's first contract. The contract was with a Bay Area computer store called The Byte Shop, which had ordered around 100 computers.

How much was Apple worth in 1976?

The Apple I went on sale in July 1976 at a price of US$666.66, because Wozniak "liked repeating digits" and because of a one-third markup on the $500 wholesale price.

Who is the real founder of Apple?

Steve Jobs and Steve Wozniak co-founded Apple in 1977, introducing first the Apple I and then the Apple II. Apple went public in 1980 with Jobs the blazing visionary and Wozniak the shy genius executing his vision.

Who is the original founder of Apple?

Steve Jobs Steve WozniakRonald Wayne Apple/Founders Apple Computers, Inc. was founded on Ap, by college dropouts Steve Jobs and Steve Wozniak, who brought to the new company a vision of changing the way people viewed computers. Jobs and Wozniak wanted to make computers small enough for people to have them in their homes or offices.

Where was Apple founded?

Ap, Los Altos, California, United States Apple/Founded

Are Steve Jobs and Steve Wozniak still friends?

Stephen Wozniak Early Apple Friends He stopped working for the company in 1985 but remains one of Steve's friends, though a distant one. Woz still makes headlines with his comments about Apple and tech from time to time.

Who is the owner of Apple Iphone?

Tim Cook is the CEO of Apple and serves on its board of directors.

Who are the founders of Apple?

Steve Jobs Steve WozniakRonald Wayne Apple/Founders Apple Computers, Inc. was founded on Ap, by college dropouts Steve Jobs and Steve Wozniak, who brought to the new company a vision of changing the way people viewed computers.

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