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HomeNewsTrendsApple co-founder Steve Wozniak, hospitalised in Mexico, is not a billionaire. His net worth is...

Apple co-founder Steve Wozniak, hospitalised in Mexico, is not a billionaire. His net worth is...

In 1985, Steve Wozniak left his day-to-day role at Apple, feeling that the company's direction did not align with his vision for personal computing.

November 09, 2023 / 11:45 IST
Steve Wozniak is hospitalised due to ill health.

Steve Wozniak, renowned as the co-founder of Apple Inc., was hospitalised in Mexico City on Wednesday with initial reports in local media suggested that he had suffered a possible stroke. However, a TMZ report, citing sources, indicated that the illness might have been a less severe bout of vertigo.

Wozniak, often affectionately referred to as "Woz," was a key player in the founding of Apple Computer, Inc., in 1976. Together with the late Steve Jobs, Wozniak helped in the creation of the first Apple computer, the Apple I.

Wozniak also played a critical role in designing the Apple II, which became one of the first highly successful personal computers, largely contributing to the personal computing revolution. His engineering innovations, combined with Jobs' marketing and business acumen, laid the foundation for Apple's rapid growth.

However, in 1985, Steve Wozniak left his day-to-day role at Apple, feeling that the company's direction did not align with his vision for personal computing. He embarked on new ventures, including founding CL 9, which developed the first universal remote control.

Wozniak's net worth is estimated to be $140 million; he sold of majority of his Apple shares which could have propelled him into a billionaire had he not sold.

The 73-year-old was scheduled to participate in the World Business Forum event in the city. According to TMZ, Wozniak managed to finish his scheduled speech but later confided in his wife, expressing that he was "feeling strange." Concerned for his well-being, his wife insisted that he seek medical attention.

Moneycontrol News
first published: Nov 9, 2023 11:45 am

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