Ronald Wayne Net Worth
Ronald Wayne net worth: Ronald Wayne is an American investor and one time Apple co-founder who has a net worth of $300 thousand dollars. Born in Cleveland, Ohio, Ronald Wayne was one of the original founders of Apple, Inc. A co-worker of Steve Jobs at Atari, he, Jobs, and Steve Wozniak broke off to create Apple Computers in 1976. The oldest member of the three-man team, Mr. Wayne had sunk personal assets into the business, and became worried that the project was going to run his finances into the ground. He drew the first logo for Apple, drafted the original agreement between the Apple founders, and wrote the manual for the first Apple computer, but decided to relinquish his 10% of the company for a payout of $800 US, two weeks after the company was officially established. When the company became an official corporation, he was paid an additional $1500 US to give up all rights of ownership. He went back to working at Atari and later owned a stamp shop. He is now retired, and authored his memoirs Adventures of an Apple Founder, and a book about the Constitution and its historic relevance, Insolence of Office, both of which were published in 2011. Had Ronald held on to his 10% Apple stake, it would be worth more than $75 billion today! Wayne's first business was a company that sold slot machines. He has said that he made the "best decision with the information available to me at the time" and does not regret his selling of his shares. The first Apple product he ever owned was an iPad 2 which was given to him in 2011. He is the owner of a dozen patents and was featured in the documentary Welcome to Macintosh. Wayne came out as gay in 1974 to Steve Jobs. He sold the original Apple company agreement signed by Jobs and Wozniak in the early 90s for $500 and it later sold for $1.6 million.