The Third Owner of Apple Nobody Knew about Owned 10 Percent of The Company [VIDEO]

Google+ Pinterest LinkedIn Tumblr

Apple, one of the biggest companies in the world, has been portrayed in films and documentaries, but did you know there was a third founder, who once owned 10 percent of the company? Guess they forgot to include that small detail.


[Scroll Down For Video]

Ronald Wayne, who worked at Atari when he met Steve Jobs and Steve Wozniak, was a pivotal part of the product that millions rely on every day. Wayne, who was 40 years old at the time, simply helped the two tech giants settle a dispute over proprietary circuitry and that is how the tech giant was made.


On April 1, 1976, Apple was patented by the company. The shares were divided between the three men. Jobs and Wozniak made up 45 percent each and Wayne broke the tiebreaker with a modest 10 percent.


12 days after the company came to fruition, Wayne sold his share in the company for $800, a decision that he says he never regretted making. “I knew I was standing in the shadow of giants,” Wayne said.

He knew he would never have a project of his own and would be pushed into the paper room for the next 20 years. ” That was something I didn’t see myself doing,” he said.


10 percent of Apple now is worth a reported $67 billion, according to Yahoo News. A modest Wayne, who is now 82 years old, wished the two giants the best and parted ways. He adamantly has told the public that he never had second thoughts about taking his name off the contract. “Not once,” he said.


Instead, Wayne finds comfort in the fact that he is 82 years old and has no health problems. He says people can’t believe he is that old when he tells them, but he doesn’t know if he would still be able to say that if he was still involved on the tech giant Apple. Apparently a low profile life agrees with him.