Apple’s Founding Papers Auctioned for $1.35 Million

December 13, 2011 8:57 pm 0 comments

We recently reported that Apple’s original incorporation papers were going up for auction at Sotheby’s Auction House.

apple founding documents

The auction would include several documents, but most important is the original 3 page contract agreement which were signed by Apple founders; Steve Jobs, Steve Wozniak and Ron Wayne . When Sotheby’s first received word of the document, they estimated that the owner would probably receive bids in the ballpark of $100k-$150k for it.

Well now, according the Sotheby website, the set of documents sold for an astonishing $1.35 Million! Even though Sotheby’s gets to take 12% of the profits, thats still a nice little paycheck for seller of the documents, Waade Sadi. Reports suggest that Waade first got his hands on the documents after paying Ron Wayne a measly couple of grand.

The winner of the auction is yet to be identified, but Fortune magazine reported that the offer came in from via telephone from an anonymous bidder. Rumors are now swirling that suggest Bill Gates may have purchased the documents with plans on having them destroyed forever. </joke>

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