When Apple Co-founder Steve Wozniak Revealed Why He Is Not A Billionaire

When Apple Co-founder Steve Wozniak Revealed Why He Is Not A Billionaire

Alongside Steve Jobs, Steve Wozniak is among the many individuals who co-founded iPhone maker Apple in 1976.

Now, 4 many years later, when Apple has turn out to be one of many world’s greatest firms and likewise the primary one to hit $1 trillion in market capital, it is fairly pure to anticipate its co-founders to be billionaires, proper? However in contrast to Steve Jobs, who was a billionaire when he misplaced his battle to most cancers in 2011, Apple’s different co-founder, Steve Wozniak, has not been a billionaire.

What Is Steve Wozniak’s Internet Value?


When Apple grew to become a public firm, Wozniak made a superb amount of cash. However he’s now estimated to be value round $140 millionWozniak was recognized for not caring about cash from the start. In 1980, he gave away $10 million of his personal inventory to early Apple workersas per an NDTV report.

Why Does He Not Make investments?

In an interview with Fortune, the tech entrepreneur shared his funding technique. “I don’t make investments. I do not do this stuff,” Wozniak mentioned. “I did not wish to be close to cash as a result of it may corrupt your values.”

Additionally Learn: When Steve Jobs Defined The Cause He By no means Wore A Watch

When Did He Depart Apple?


Wozniak survived a virtually deadly airplane crash in 1981 that precipitated severe accidents. At the moment, he briefly left Apple. Then, in 1985, Wozniak left Apple once more, stating that the corporate had “been going within the fallacious route for the final 5 years”. He then bought most of his inventory.

In 2001, he co-founded Wheels of Zeus (WoZ) to create wi-fi GPS know-how for on a regular basis use. He additionally began Un.U.Son (Unite Us in Track) to help his academic and charitable initiatives.

What Is His Crypto Connection?

Many many years after he left Apple, Wozniak began his second firm referred to as Efforce, a crypto-enabled vitality effectivity platform. In response to CNBC, it’s basically a market for company or industrial constructing homeowners to have “inexperienced” initiatives funded.

The corporate makes use of blockchain know-how to redistribute financial savings to token holders and firms with out intermediaries.


In response to Wozniak, Efforce was created “to be the primary decentralised platform that enables everybody to take part and profit financially from worldwide vitality effectivity initiatives and create significant environmental change.”

Additionally Learn: Why Apple CEO Tim Prepare dinner As soon as Rejected Elon Musk’s Provide To Purchase Tesla

For the newest and fascinating monetary information, preserve studying Indiatimes Value. Click on right here

You must be logged in to post a comment Login