He Chose His Health Over Wealth
New York (KROC AM News) - Ever hear of a guy by the name of Ronald Wayne?
He’s a guy who made a decision years ago that cost him a ton of money. Make that tons of money.
Wayne's name is associated with the early days of Apple.
According to a 2018 CNBC article, Wayne hooked up with Steve Jobs and Steve Wozniak to found the Apple Computer Company in 1976. Because of his lesser role in the company, Wayne was given a 10-percent share.
He was there less than 2 weeks when he became concerned about the fledgling company’s finances and decided to move on. He sold his 10-percent share to Jobs and Wozniak - for $800.
As of Wednesday, Apple was the highest valued company in the world with a market cap of $2-trillion.
Was it the wrong decision to leave? In a 2017 interview with Business Insider, Wayne said he did not regret walking away when he did. According to the interview, Wayne indicated he would not have been a good fit with the two younger owners:
“I would wind up in the documentation department shuffling papers for the next 20 years.”