Mike Markkula is an American electrical engineer, businessman and investor. He was the original angel investor, first chairman, and second CEO for Apple Computer, Inc., providing critical early funding and managerial support. Learn about his early life, career, after Apple, and personal life.
Armas Clifford “Mike” Markkula, B.S. EE ’64 and M.S. EE ’66, began as a Hughes Aircraft engineer, doing classified work on the Lockheed YF-12 interceptor. From there, he moved into product marketing at Fairchild Semiconductor and Intel, overseeing the development of early integrated circuits and 256 bit computer memory chips.
Mike Markkula is an American entrepreneur and former CEO of Apple Computer, Inc. He has a net worth of $1.2 billion as of August 2023. He was an angel investor and board member who worked for Intel and Fairchild Semiconductor before joining Apple in 1976. He helped Steve Jobs and Steve Wozniak start the company and wrote early programs for the Apple II. He also fired Steve Jobs in 1985 and sold his shares for $100 million.
- Jobs and Markkula negotiating the investment deal – Jobs (2013)YouTube
- Why Mike Markkula decided to invest in Steve Job's Apple?YouTube
- Mike Markkula: USC Viterbi Alumnus & Cofounder of Apple, Inc.YouTube
- Jobs (2013) - The Revolutionary Apple IIYouTube
With the late Steve Jobs and Steve Wozniak, Apple Inc.'s co-founders, dominating the tech world for decades, it’s easy to overlook the vital role played by a lesser-known figure: Mike Markkula.
Mike Markkula. Markkula was as instrumental in developing Apple as either of the two Steves. He made an investment in Apple worth $250,000. In exchange for his investment, he took 30% of the company. He also helped manage the company, develop a business plan, hired the first CEO, and insisted Steve Wozniak join Apple.
Name Mike Markkula Life born 1942 (age 80 or 81) Relationship to Steve Mentor, Colleague and Board member at Apple Short Bio. A millionaire retiree from Intel, Mike Markkula was an angel investor in Apple, actually the first investor in the company, who put $250k of his own money in the company in 1977 (roughly equivalent to $1 million today).
Mike Markkula became an investor in Apple – providing it with $250,000 ($80,000 as an equity investment in the company and $170,000 as a loan) – also becoming its third employee in 1977.
Mike Markkula, a legendary venture capitalist, was Apple’s first backer and became the company’s second CEO. He continues to invest in startups and has endowed the Markkula Center for Applied ...
Apple co-founder Mike Markkula has sold his 14,000-acre ranch — the largest landholding in Carmel Valley, California — for $35 million to an environmental group that plans to turn the property into a nature preserve, reports The Charlotte Observer. Known as Rana Creek Ranch (pictured), the Monter