Man Sells Apple Company Shares For $800, Their Worth Now Is Huge

'Apple' is now no more a mere fruit. It is a Trillion Dollar company. The word company also does not suit the output as their whole...

'Apple' is now no more a mere fruit. It is a Trillion Dollar company. The word company also does not suit the output as their whole system is a Gigantic Economic System. Becoming the first United States company, a public trading one to reach such high market value. The individual share has reached $207.05. The Apple company is known to have been found by two people, but not known to many there is a third founding partner too.

Adding to the names of  Steve Jobs and Steve Wozniak is this man named Ronald Wayne who happened to sign the founding partnership documents in the year 1976. The little known founder of the company joined them initially to help them with the field of Mechanical engineering.

Ronald wanted to help them through supervision and guidance. His role was initially important when he was a partner, he even designed the company's logo, which was later replaced by the present one. The time Ronald left the company is the time he got scared.

Steve Jobs has taken a $15,000 loan from a company to fulfil a contract. But, he is known for usually not repaying them. And this scared Ronald, as he felt that this loan burden would fall on him personally. So after thinking for about two long weeks, he withdrew from the partnership by selling his $800 shares to the two.

Now, evaluating his shares if he would not have sold them, they would have valued at $95 Billion dollars. He too would have been one among the richest in the World. There is one such written document of his original share, which he sold for $500 then. The document alone has gone out for auction and it was valued at $1.59 million.

Talking about this, he said that he does not regret selling his shares at the time, as he was 40 at that time, and his two other partners are in their 20s. Adding to it, he had also faced severe loss in a previous investment. So he feared for himself and his middle age responsibilities and decided to sell his shares away.

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All India Daily: Man Sells Apple Company Shares For $800, Their Worth Now Is Huge
Man Sells Apple Company Shares For $800, Their Worth Now Is Huge
All India Daily
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