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Story summary
- Ronald G. Wayne sold his 10% Apple stake for $800 on April 12, 1976.
- He left the partnership because its structure exposed his personal assets to unlimited liability.
- Apple’s market cap now near $4 trillion makes that former stake worth roughly $400 billion on paper.
- Now 91, Wayne lives in Nevada, works as an engineer, and recently teamed with Anheuser-Busch to market a limited-edition “Busch Light Apple” beer.
