Many fans are curious about Mike Markkula's financial success in April 2026. Our team analyzed the latest data to provide a clear picture of their income.

What is Mike Markkula's Net Worth and Salary?

Mike Markkula was born Armas Clifford "Mike" Markkula Jr. on February 11, 1942 in Los Angeles, California. He received Bachelor of Science and Master of Science degrees in electrical engineering from the University of Southern California. He made millions on stock options he acquired as a marketing manager for Fairchild Semiconductor and Intel, and retired at 32.

Mike would invest a total of $250,000 in Apple – $80,000 was an equity investment and $170,000 was a loan. With the investment Mike became one-third owner of Apple and officially employee #3.

Notable Apple Accomplishments

Mike Markkula was the longest-serving board member in the company's history, having served for 20 years, between 1977 and 1997. At the time he left Apple, the company was teetering on bankruptcy, having lost $1.7 billion over the previous four years. Mike wrote a number of early programs for the Apple II and was the startup's primary bug-finder and product tester. Mike infamously sided with Apple's second CEO,John Sculleyin a boardroom clash that resulted in Steve Job's resignation from Apple in 1985.

For many years until the mid-1990s Mike was Apple's largest individual shareholder, owning several million shares of the company (before splits). He was eventually overtaken as the company's largest shareholder by Prince Al Walid bin Talal of Saudi Arabia who held that distinction for several years. Today Apple's largest individual shareholder, Board Chairman Art Levinson, owns 1.14 million shares of the company.

Mike Markkula is an American entrepreneur most famous for being an angel investor and second CEO of Apple Computer, Inc. Mike Markkula has a net worth $1.2 billion. After making a small fortune working for Intel in the 1970s, Mike retired at the age of 32. In 1976 Mike gaveSteve JobsandSteve Wozniak$250,000 to incorporate into a formal company called Apple at a valuation of $750,000. Markkula's investment was to be used to mass manufacture the Apple II computer. Today Apple is worth around $3 trillion. Mike retired officially from Apple upon Jobs's return in 1997. He invested in a number of additional companies, including notably Crowd Technologies and LiveCode, Ltd.

In the beginning, Mike considered Apple a temporary side project. He went so far as to promise his wife that he would spend no more than four years at the start-up. He ended up working at the company for nearly two decades.

(Photo by Tom Munnecke/Getty Images)

In 1976, Jobs along with two of his friends, Steve Wozniak andRonald Waynefounded Apple. Wayne was bought out two weeks later. Venture Capitalist. In 1977, Mike was introduced to Jobs by Venture Capitalist Don Valentine who had passed on investing in Apple. Jobs convinced Markkula that the Apple II had enormous commercial potential and convinced him to become their first major angel investor.

In summary, the total wealth of Mike Markkula reflects strategic moves.

Disclaimer: All net worth figures are estimates based on public data.