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Fortune
Fortune
Emma Burleigh

Steve Jobs sold his Volkswagen to raise $1,300 for Apple’s first computer. He became a millionaire just two years later at 23

Late Apple cofounder Steve Jobs (Credit: Justin Sullivan—Getty Images)

If it weren’t for a Volkswagen bus and a calculator, Apple might never have existed. At the time, the late cofounder Steve Jobs was in his early twenties and strapped for cash, but hooked on the idea that everyone should be able to own a home computer. The only problem? Like many founders, he didn’t have enough money to bring his vision to life.

So Jobs sold off his Volkswagen bus while fellow cofounder Steve Wozniak got money for his programmable calculator, raising $1,300 to pay for the prototype’s parts. And the first Apple computer, the Apple I, was born on April Fools’ Day, 1976.

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