Apple Computer Company had three founders:  Steve Wozniak, Steve Jobs AND Ronald Gerald Wayne.  Ronald Wayne had worked at Atari with Steve Jobs and the three of them co-founded Apple on April 1, 1976.  Ronald had a 10% stake in Apple.  Two weeks later he got cold feet because as a partner he would be legally liable for any debts incurred by the other partners so he sold his 10% for $800.00.

Later that year (1976) the Steve’s developed a business plan and incorporated Apple Computer Inc.  First year’s sales (1976) reached $174,000, 2nd Year sales (1977) reached $2.7 million, by the 4th year (1980) sales had reached $117 million, and by the 6th year $1 billion.  Steve Jobs was a millionaire at age 23 and worth over $100 million by age 25.

 

applelogo_old  The first Apple Logo, created by Ronald Wayne, co-founder of Apple

 

 

 

Ronald Wayne at Wikipedia

How 2 of the Founders of Apple Got Rich – Mac History

History of Apple at Wikipedia

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