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

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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.