In 1976, Ron Wayne sold his 10% ownership of which company for $800?
Answer: Ronald Gerald Wayne co-founded Apple Computer with Steve Wozniak and Steve Jobs. Wayne worked with Steve Jobs at Atari before he, Jobs, and Wozniak founded Apple Computer on April 1, 1976. Serving as the venture’s “adult supervision” Wayne drew the first Apple logo, wrote the three men’s original partnership agreement, and wrote the Apple I manual.
He soon, however, sold his share of the new company for a mere $800. As of March 2017, if Wayne had kept his 10% stake in Apple Inc., it would have been worth over $75.5 billion.
Apple is an American multinational technology company headquartered in Cupertino, California that designs, develops, and sells consumer electronics, computer software, and online services.