@american.titans: When Apple went public in December 1980, Steve Wozniak personally gave away approximately $10 million worth of his own stock to between 40 and 80 early employees who Steve Jobs and the Apple board had decided to cut out of the company's IPO windfall, a move Wozniak called the Woz Plan. He sold them shares at $5 each, far below market value, simply because he felt that the people who had helped build the company deserved to share in what it had become. Wozniak's net worth today sits at an estimated $100 million, a figure that reflects decades of giving away money rather than accumulating it, and stands in sharp contrast to the founders and executives of the current technology era, where the gap between what a company's earliest employees receive and what its founders retain has only grown wider with time. There are currently over 2,700 billionaires in the world, a significant number of them built their fortunes in technology, and the practice of a founder voluntarily redistributing their own personal equity to workers who were left behind remains as rare today as it was in 1980. #ushistoryfacts #USHistory #historytok #apple #️⃣

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Sunday 27 September 2026 22:50:54 GMT