Mike Markkula Net Worth

Mike Markkula Net Worth
Mike Markkula Net Worth

Mike Markkula Net Worth:- $1.5 Billion

Mike Markkula Net Worth:- Mike Markkula was born in Los Angeles, California, United States on February 11, 1942. He is an American businessman, investor, and electrical engineer . Mike Markkula’s net worth is estimated of $1.5 Billion. He was Apple’s second CEO, providing considerable early finance and administrative support. He met Apple co-founders Steve Wozniak and Steve Jobs while they were looking for money to build the Apple II computer after selling the Apple I.

Full NameArmas Clifford “Mike” Markkula Jr.
Nick NameMike Markkula
Date of BirthFebruary 11, 1942
Place of BirthLos Angeles, California, United States
Age79 Years Old
Height1.78 m – 5′ 8”
Weight74 kg
ProfessionAmerican electrical engineer, businessman & investor
Net Worth$1.5 Billion

Ѕо, hоw оld іs Mike Markkula аnd whаt іѕ his hеіght аnd wеіght? Wеll, Mike Markkula’ѕ аgе іѕ 79 уеаrѕ оld, hаvіng bееn bоrn оn February 11, 1942 in Los Angeles, California, United States. He іѕ 1.78 m – 5′ 8” іn fееt аnd іnсhеѕ tаll, He wеіghѕ approximately 74 kg.

Mike Markkula Net Worth
Mike Markkula Net Worth

Mike Markkula was born in 1942 on February 11. According to numerous sources, Isak Markkula, his great-grandfather, was born in Finland and immigrated to the United States with his wife in 1865 or 1883. Mike Markkula’s surname is Markkula, and his given name is Armas, both of which are traditional Finnish names. Armas is a Finnish name that translates as “beloved” or “dear.”

Mike Markkula earned both a Bachelor of Science and a Master of Science in electrical engineering from Southern California.

Mike Markkula and his wife Linda purchased the enormous 14,000-square-foot Rana Creek Ranch in Carmel Valley, California, in 1982 for $8 million. This equates to approximately $20 million in today’s money. There is a 5,400-square-foot main home and many guest houses on the site. There is a running cattle ranch, a private lake, a riding ring, a helipad, and a 3,000-foot landing strip on the property. They listed the property for sale for $60 million in 2013. In 2016, they reduced the price to $45 million and $37 million in 2020.

Mike Markkula brought his business expertise and $250,000 to Apple in 1977, becoming employee number three and a one-third owner of the company. Steve Wozniak, co-founder of Apple and designer of the company’s first two computers, attributes the company’s success to Mike Markkula more than to himself.

Mike Markkula Net Worth
Mike Markkula Net Worth

Mike Markkula assisted the startup with securing venture capital and loans. He hired Michael Sc firstott as president and chief executive officer and then took over as president and the head executive officer from 1981 to 1983. From 1985 through 1997, he served as chairman. He accepted Jef Raskin’s concept in 1979 to begin designing what would become the Macintosh and then prevented Steve Jobs from killing the plan in favor of his own Lisa during his tenure in this post.

Mike possessed technical abilities in addition to giving parental supervision to the younger Wozniak and Jobs. He produced many early Apple II programs and was a beta tester for Apple software and hardware. He left Apple in 1996.

Mike Markkula quickly learned that he possessed an extraordinary ability for the intricacies required to develop a high-technology corporation. Mike produced several early Apple II programs and was a beta tester for Apple hardware and software. He was also well aware that neither Jobs nor Wozniak has the necessary skills to lead a public corporation. He hired Michael Scott as Apple’s CEO in 1977. He remained CEO until 1981, following Apple’s successful initial public offering.

Mike assisted Apple in obtaining significant financing and venture money during his peak years at the business. He hired Michael Scott as the company’s first CEO before assuming the position himself from 1981 to 1983. He gave the go-ahead for the ideas that would become the Macintosh computer and prevented Steve Jobs from abandoning the project in favor of the “Lisa” The Mac was a huge success. The Lisa was a colossal flop.