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Fortune
Fortune
Preston Fore

Apple cofounder Ronald Wayne sold his 10% stake for $800 in 1976—today it’d be worth up to $400 billion

Photo of three signatures at the bottom of a contract (Credit: Scott Eells/Bloomberg via Getty Images)
  • Apple’s little-known third cofounder, Ronald Wayne, was originally given a 10% stake in the now $4 trillion computer company. He cashed out just 12 days after Apple’s inception for $800, and he said at the time he had no regrets. As Apple celebrates 50 years since its inception, Wayne may not be celebrating, as his stake today would be worth billions. 

Fifty years ago, Steve Jobs and Steve Wozniak put ink to paper to officially create Apple. This week, that same founding document made history of its own, selling for $2 million at a Christie’s auction.

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