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Ron Wayne Sold 10% Of Apple in 1976
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12-12-2014, 04:40 AM
L-Pink
working on my tan
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Join Date: Mar 2005
Location: Florida/Kentucky
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Quote:
Originally Posted by
RummyBoy
Apple Co-founder Ron Wayne sold a 10% stake in Apple way back then and I think you can guess the rest. At today's current market cap, his shares would have been worth $65 Billion USD
Apple Co-Founder Traded His Shares for Gold. Why That Was a Horrible Investment, in 1 Chart - Bloomberg
Instead he got $800 USD in 1976 and bought gold. Now hes buying gold again. I'm a quite bullish about gold and silver going forward but of course a company like Apple is a rarity indeed..... poor old bastard.
Only thing worse would be the guy getting fired by the Beatles.
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