Mike Markkula Net Worth

How much is Mike Markkula Worth?

in Richest BusinessmenCEOs
Net Worth:
$1.2 Billion

Mike Markkula is an American entrepreneur who was an angel investor and second CEO of Apple Computer, Inc., providing early critical funding and managerial support and has a net worth $1.2 billion. Mike Markkula earned his net worth as an investor and entrepreneur. He received Bachelor of Science and Master of Science degrees in electrical engineering from the University of Southern California. He made millions on stock options he acquired as a marketing manager for Fairchild Semiconductor and Intel, and retired at 32. He is a legendary venture capitalist who provided early critical funding for Apple Computer. In 1976, Jobs along with two of his friends, Steve Wozniak and Ronald Wayne founded Apple and was eventually funded by A.C."Mike" Markkula Jr., a semi-retired Intel product manager and engineer. In 1977, he brought his business expertise and became a one-third owner of Apple and employee number 3. In the beginning, he considered Apple a temporary avocation and he promised his wife, that he would spend no more than four years at the start-up. But he soon discovered within himself a remarkable aptitude for the details needed to build a high technology company. Steve Wozniak credits Markkula for the success of Apple more than himself. He helped the new company obtain credit and venture capital, brought in Michael Scott as the first president and CEO, then took the job himself from 1981 to 1983. He wrote several early Apple II programs, served as a beta tester for Apple hardware and software. He is an investor in Crowd Technologies, a startup developing a web application called Piqqem that applies the wisdom of crowds to stock market predictions and he is also an investor in Scotland based RunRev. His work with Apple was recently featured in the documentary film Something Ventured which premiered in 2011. Mike Markkula was born on February 11, 1942.

Other Apple insider's net worths:
Steve Jobs Net Worth
Steve Wozniak Net Worth

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Mike Markkula

Mike Markkula

Venture capitalist
Nicknames
Armas Clifford Markkula Jr., Armas Clifford Markkula, Jr, Armas Clifford Markkula
Profession
Venture capitalist, Investor, Entrepreneur
Date of Birth
1942-02-11
Nationality
United States of America
All net worths are calculated by applying a proprietary algorithm. The results are then fact checked and confirmed by a team of editors. We scan all publicly available data and resources and work diligently to ensure that our numbers are the most accurate and up to date net worth data you will find anywhere on the internet.
Articles Written by Brian Warner
Prior to launching Celebrity Net Worth, Brian spent seven years as the Managing Editor of one of the largest entertainment portals on the internet. Before that, Brian attended Georgetown University where he double majored in finance and marketing. A native of Northern California, Brian currently resides in Los Angeles. Follow him on Google+.
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