Apple co-founder Ronald Wayne could have been US$36 billion richer had he held on to his 10% in Apple in 1976.
In an Oct. 7 interview with Bloomberg, Wayne, 77, called Wozniak and Jobs “intellectual giants,” but “also felt it was going to be something of a roller coaster,” adding, “If I’d stayed with them, I was going to wind up the richest man in the cemetery.” Instead, he relinquished his stake 11 days after signing.
The $2,300 that he received in 1976 for the 10% stake would have become more than $36 billion today.
Warren Buffet would have hung on.
On hindsight, Wayne doesn’t seem to have any regrets.
He tells Bloomberg, “If I’d stayed with them, I was going to wind up the richest man in the cemetery.”
Read about Ronald Wayne and Apple’s founding in this Bloomberg story.
Tags: Apple, Steve Jobs, Steve Wozniak