ADVERTISEMENT

Meet the forgotten co-founder of Apple who once owned 10% of the company

On April 1, 1976, Steve Jobs, Steve Wozniak, and a third man you may have never heard of, Ronald Wayne, founded the Apple Computer Company.

null

On April 1, 1976, Steve Jobs, Steve Wozniak, and a third man you may have never heard of, Ronald Wayne founded the Apple Computer Company. The company's ownership was originally divided among the trio, with Wozniak and Jobs each owning 45% and Wayne owning a 10% stake. But after just 12 days as a founder of Apple, Wayne sold his shares to Wozniak for $800 and had his name removed from the company. Today, Apple is one of the most valuable companies in the world, worth over $690 billion dollars.

ADVERTISEMENT

For more information about Ronald Wayne, check out his book Adventures of an Apple Founder.

FOLLOW BUSINESS INSIDER AFRICA

Unblock notifications in browser settings.
ADVERTISEMENT

Recommended articles

Top 10 African countries with the most centi-millionaires in 2024

Top 10 African countries with the most centi-millionaires in 2024

7 most influential Africans in the world 2024 -TIME

7 most influential Africans in the world 2024 -TIME

5 African countries with the least expensive freelancers

5 African countries with the least expensive freelancers

African billionaires are fleeing their home continent amidst economic downturn

African billionaires are fleeing their home continent amidst economic downturn

Fear of a new epidemic pushes President Putin to collaborate with Africa

Fear of a new epidemic pushes President Putin to collaborate with Africa

Nigerian chess master to begin 58-hour Guinness World Record attempt at Times Square today

Nigerian chess master to begin 58-hour Guinness World Record attempt at Times Square today

5 African countries with the highest number of people not connected to the internet

5 African countries with the highest number of people not connected to the internet

10 African countries with the highest price changes in household commodities

10 African countries with the highest price changes in household commodities

Nigeria hits a puzzling roadblock on its path to an economic recovery

Nigeria hits a puzzling roadblock on its path to an economic recovery

ADVERTISEMENT