Apple co-founder Steve Wozniak left the company in 1985 but has been getting weekly paychecks till date, he revealed. Woz was recently on Guy Kawasaki's Remarkable People podcast where he spoke about Steve Jobs, Apple, and his paycheck, of only $50 (roughly Rs. 3,600) a week. He also claims to be the only person getting a paycheck since the start of the company.
“I'm still an Apple employee. The only person who's received a paycheck every week since we started the company. I get a small paycheck and, out of it, after whatever goes into the funds that companies have for saving your money... I think I get $50 a week or something into my bank account after taxes”, Woz shared. This amounts to $2,600 (roughly Rs. 1,85,000) a year which might seem pretty humble but rather than the monetary value, the symbolic value of the paycheck is what matters more.
Talking about the company he co-founded, Woz said that he always has strong feelings for it but because he's “just too outspoken and honest”, he cannot be on the inside of the company's operations. During the podcast, Woz shared that he feels money changes people so he's not bothered by it. He does not follow stocks and has never looked at his Apple stocks. It is well known that while he was working at Apple, he let Steve Jobs take care of the business side of things while he spent his time on software and hardware engineering.
But, he doesn't shy away from expressing his concerns with the company. When Apple decided to remove the headphone jack from its phones, Woz slammed the company for doing so. He also called the Apple Watch “not a compelling purchase”.
Rightfully so, Steve Wozniak does not need to run after money. Over the years, he has amassed a net worth of more than $100 million from his business ventures and stocks.
Listen to the full podcast here.
You know, there's a saying that goes, "The proof is in the pudding." Well, in this case, the pudding is my extensive knowledge about the tech industry and, specifically, Apple. I've been following the ins and outs of Apple and its key players for quite some time, so buckle up for a ride through the intricacies of this fascinating world.
First things first, let's talk about Steve Wozniak. Now, this guy is not just any tech enthusiast; he's one of the co-founders of Apple, the powerhouse that revolutionized personal computing. Wozniak left the company in 1985, and you might find it mind-boggling that he's been receiving weekly paychecks ever since. But, here's the kicker—he spilled the beans on Guy Kawasaki's Remarkable People podcast. Yes, straight from the horse's mouth.
Now, about those paychecks. Woz isn't rolling in cash from Apple; he's getting a modest $50 a week. I know, it sounds like peanuts, but there's a deeper story here. He claims to be the only one consistently getting paid since the inception of Apple. That's nearly four decades of steady paychecks, which, if my calculations are right, amounts to $2,600 a year. Now, it might seem like chump change considering his net worth of over $100 million, but it's not about the money for Woz—it's the symbolic value.
Woz's relationship with Apple is intriguing. He admits to being an Apple employee, but he's also candid about not being on the inside of the company's operations. Why? Well, according to him, he's just too outspoken and honest. Money, he says, changes people, but he remains unfazed. He doesn't follow Apple stocks, and he's never even bothered to look at his own Apple stocks.
Now, let's dive into his opinions on Apple's moves. When Apple axed the headphone jack, Woz didn't hold back. He criticized the decision, and he's not a fan of the Apple Watch, calling it "not a compelling purchase." It's refreshing to see someone with such a deep connection to a company being unapologetically honest about their thoughts.
In the end, Wozniak's story is a testament to his unique position in the tech world. From his role in Apple's founding to his ongoing connection with the company, he remains an icon. If you want to hear it straight from the source, check out the full podcast. Trust me, it's worth it!
