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.
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The iPad 2 was unveiled as anticipated on 2 Mar at the Yerba Buena Center for the Arts in San Francisco. Specifications were in line with virulent speculations prior to the event. What was more uncertain was whether Steve Jobs would helm the launch.
With 350,000 apps on the Apps Store, with 65,000 dedicated to the iPad 2, the tablet will hit US shelves on 11 March and ship internationally on 25 March. The $499 starting price is the same as the original iPad when it was first launched in Apr 2010.
1. Wi-Fi only versions:
