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‘I do not invest. I don’t do that stuff’: Why this Apple co-founder opted for a mere $50 paycheck
Mint 1 hr ago·3 Oct 2026, 4:47 pm
Steve Wozniak, the engineering mind behind Apple’s first computers, still draws a token $50 monthly salary from the company and has long avoided buying Apple shares. He has said he prefers to spend his time on new inventions and charitable work rather than holding a large equity position.
For investors, the anecdote underscores that historic founders do not necessarily retain significant stakes or influence over today’s business. Apple’s valuation and growth are now driven by its current leadership, product pipeline, and market dynamics, not by the personal holdings of its original co‑founders.
Going forward, watch for any formal statements from Wozniak or changes in Apple’s board composition, but the company’s earnings reports and broader tech sector trends will remain the primary drivers of stock performance.
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