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The Economic Times
The Economic Times
National

Steve Jobs once hid his Porsche from billionaire Ross Perot; 40 years later, Apple CEO John Ternus reportedly drives a $1M+ Porsche 935 at California’s Laguna Seca

In 1987, former Apple CEO Steve Jobs was running NeXT, his computer company after leaving the tech giant. When billionaire Ross Perot visited NeXT to discuss potentially investing in/funding the company, Steve Jobs hid his Porsche as he didn't want Perot to see signs that NeXT had plenty of money. But things were completely different after 40 years. Apple CEO John Ternus reportedly owns a Porsche 935 track car and drives it at Laguna Seca, a famous racetrack in California. The original price tag of around $800,000, even though the current market value is well north of that, closer to $1 million.

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