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.
Mike Markkula Net Worth
Date of Birth
Feb 11, 1942 (74 years old)
Venture capitalist, Investor, Entrepreneur
United States of America
Armas Clifford Markkula Jr., Armas Clifford Markkula, Jr, Armas Clifford Markkula
Despite Being Worth $130 Million, Tim Duncan Still Shops At Old Navyon Jul 29, 2016
Kayak Founder Sold Company for $2 Billion, Drove For Uber, Now What?on Jul 29, 2016
Formula One Boss Bernie Ecclestone's Mother-In-Law Kidnapped In Brazil, Kidnappers Demand $36.5M Ransomon Jul 29, 2016
The Most Successful Russian Of The Year Is A Close Friend Of Putin'son Jul 29, 2016
Inside Ivanka Trump's $100 Million Business And Brandon Jul 29, 2016
This NFL Player Might Have The Most Extensive Portfolio Of Anyone In The Leagueon Jul 30, 2016
Ransomed: The Kidnapping Of Rich And/Or Famous Peopleon Jul 30, 2016
Billionaire Mark Cuban Tweets Another Attack At Billionaire Donald Trumpon Jul 30, 2016
Feds To Seize $392 Million Of "Wolf Of Wall Street" Moneyon Jul 25, 2016
Luxury French Fashion Group Sells Donna Karan International For $650 Millionon Jul 30, 2016
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.
Did we make a mistake?
Submit a correction suggestion and help us fix it!Submit a Correction
Have something to add to this net worth? Share it by adding comments below.