Ron Wayne’s Stake in Apple Would Be Worth $35 Billion Today

Oct 10, 2011
J. Webster
Comments Off on Ron Wayne’s Stake in Apple Would Be Worth $35 Billion Today

So, say you sold your shares of Apple at around $150 a share and are kicking yourself for doing so. Or, say you sold your Apple shares at around $250 a share even, and you’re kicking yourself for it as the stock has soared to close to $400 a share. Well, you won’t feel as bad after learning about Ron Wayne, the man who helped found Apple with Steve Jobs and Steve Wozniak.

Meet Ron Wayne, the senior in the triumvirate that founded Apple in 1976. He lasted just two weeks with the company, and says he realized he was too advanced in years to deal with the roller coaster ride of launching a new company.

Wayne sold his 10 percent stake in the company back to the other two founders, Steve Wozniak and the late Steve Jobs, for about $2,300, and went back to his job at Atari.

What might that 10 percent stake be worth today? $35 billion.

“I’ve never regretted pulling out,” Wayne told Bloomberg.

Hat tip to The Atlantic for the story.

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