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  • Image of Original Apple Contract Signed by Steve Jobs Fetches $1.6 Million at Sotheby's

Original Apple Contract Signed by Steve Jobs Fetches $1.6 Million at Sotheby’s

The original contract that made Apple into a technological institution, and signed by founders Steve Jobs, Stephen Wozniak and Ronald Wayne, just fetched a cool $1.6 million USD at a Sotheby’s auction. This staggering number was ten times the amount that it was originally thought to go for, but that figure is nothing like what would shake down at Apple in the coming week. Just 11 days after the founding, Wayne was bought out of the 10 percent stake that he received for $800 USD. If he had owned that same 10 percent today he’d have $36 billion dollars in his pocket based on Apple’s $360 billion market capitalization.

Source: Artinfo

Date: Dec 14, 2011  /  Views: 3070  /  Author: Alec Banks
Category: Tech  /  Tags: Gadgets, Apple, Steve jobs, Sotheby's