Steve Wozniak Net Worth 2024 (FORBES) Alimony Costs

Publish date: 2024-07-19
Site Logo Profile Stephen Wozniak

American entrepreneur, Electrical engineer and Co-founder of Apple

$170 Million $35 Million (12%) Real Time Net Worth
#7 in Engineers today

Steve Wozniak has a net worth of $170 Million today. Wozniak has spent most of his wealth on Philanthropy, which is the reason for his net worth being relatively low compared to Steve Jobs.

He has had three failed marriages and paid millions in divorce settlements, alimony and child support. Court documents reveal that Wozniak has paid $41 Million in such payments to date.

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If Steve Wozniak had kept all his Apple Shares till today, he would have been worth over $190 Billion, Putting him in the lits of Top-10 richest people in the world.

Steve Wozniak Net Worth 2024 (FORBES)

Net Worth$170 Million
Net Worth in Rupees₹1,350 Crore
Annual Income$15 Million
Stock Portfolio$35 Million
Alimony Payments$7 Million per year

Wealth Before Apple

Wozniak and Steve Jobs were both working at HP before they started Apple. During this period, Wozniak was earning $5,000 as an annual salary.

He was also working as a freelancer earning $100 per day. The net worth of Steve Wozniak during this time was estimated to be $12,000.

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Net Worth After Apple

When Apple went public, Steve Wozniak owned 4 Million of its Shares, which is equal to 7% of the company. Back then, the price of each Apple share was $22, which means his equity would have been worth $85 Million.

By the end of the 1980s, Steve Wozniak’s net worth was estimated to be $150 Million, making him one of the richest tech executives in the world.

Wozniak left Apple in late 1980s. His lifelong goal was to teach kids, and therefore he started taking computer classes at various schools.

He also set up a foundation to donate most of his wealth to charity. If not for his philanthropy, Steve Wozniak’s net worth would have been in the billions.

Plane Accident

In February 1981, Steve Wozniak, along with his fiance Candice Clark and three other passengers, was involved in a plane crash near Santa Cruz, California.

Wozniak suffered face and head injuries, including temporary memory loss and retrograde amnesia. He underwent a lengthy recovery process, and his injuries affected his memory and ability to work for a period of time.

Leaving Apple

After the launch of the Macintosh computer in 1984, Wozniak felt that his role at Apple had become less significant. Also, The 1981 plane crash and its aftermath had a profound impact on Wozniak.

He took a leave of absence from Apple to recover and reevaluate his priorities. This accident also dented Steve Wozniak’s net worth tremendously.

Wives and Children

Steve Wozniak’s first wife was Alice Robertson. They were married in 1976 but divorced in 1980. Together, they have three children.

Steve Wozniak’s second wife was Candice Clark, whom he married in 1981. They divorced in 1987. Wozniak’s third wife was Suzanne Mulkern.

They got married in 1990 and divorced in 2004. Steve Wozniak’s fourth and current wife is Janet Hill. They got married in 2008.

Frequently Asked Questions

Was Steve Wozniak a billionaire?

No. Wozniak sold off the majority of his equity in Apple, which resulted in him never becoming a Billionaire.

How much of Apple did Steve Wozniak own?

As of today, Wozniak owns just 39,000 shares in Apple, which is equal to just over $80,000 in value.

What happened to Steve Wozniak after he left Apple?

After leaving Apple, Wozniak worked as a computer science teacher and also as a tech investor.

Did Steve Jobs and Steve Wozniak get along?

No. After the launch of Macintosh and Lisa, Wozniak felt Steve Jobs have lost passion for the product and started having disagreements.

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