Apple’s Founding Document Sells For A Whopping $1.6 Million


The signatures on Apple's founding contract
The signatures on Apple's founding contract

Remember when we told you about Apple’s founding contract that was going up for auction? Well, the three-page document just sold for $1.6 million to an unidentified buyer in New York.

The contract was originally owned by Apple’s third co-founder Ronald Wayne, but he sold it in 1994 for only a few thousand dollars. Wayne sold his original 10% share in Apple for $800 and a later payment of $1,500 when he left the company in the early years, which would now be worth $36 billion.

Estimates originally pegged the founding contract as being worth around $150,000.

Bloomberg is reporting that the one-of-a-kind document soared past its original presale range of $100,000-$150,000 and sold for $1.59 million today. The original signatures of Steve Wozniak, Ronald Wayne, and Steve Jobs are all included.


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