Steve Wozniak turned 75 (!) and was profiled by John Blackstone for CBS News (also posted to YouTube). Slashdot linked to it, and in the comments, someone gently jabbed at Woz for having sold, rather than hoarded, his stock in Apple. Woz himself chimed in, with this comment for the ages:
I gave all my Apple wealth away because wealth and power are not what I live for. I have a lot of fun and happiness. I funded a lot of important museums and arts groups in San Jose, the city of my birth, and they named a street after me for being good. I now speak publicly and have risen to the top. I have no idea how much I have but after speaking for 20 years it might be $10M plus a couple of homes. I never look for any type of tax dodge. I earn money from my labor and pay something like 55% combined tax on it. I am the happiest person ever. Life to me was never about accomplishment, but about Happiness, which is Smiles minus Frowns. I developed these philosophies when I was 18-20 years old and I never sold out.
Apple never would have existed without Woz, and Woz personified “insanely great” engineering. He never contributed anything technical to Apple after the Apple II in the early 1980s, but, man, so much of his spirit and personality is infused in Apple’s DNA. He’s a hero to so many people who went on to work at Apple, and to so many of us on the outside too. The two Steves were so very different in so many ways, yet at heart, both exemplified that intersection between technology and the liberal arts.
His little comment above describing his philosophy on life brought to mind one of my favorite Woz stories, from Michael Moritz’s long-out-of-print 1984 book The Little Kingdom: The Private Story of Apple Computer, pp. 281–282:
Wozniak, who seemed determined to follow Samuel Johnson’s advice that it was better to live rich than to die rich, was always louder, splashier, and more cavalier about his fortune. As a student and an engineer he had always managed his financial affairs haphazardly and nothing changed as he grew wealthy. He could never keep track of receipts, for months didn’t bother to seek financial advice, and made a habit of filing his tax returns late. Wozniak turned into an approachable teddy bear and a soft touch. When friends, acquaintances, or strangers asked him for a loan he often wrote out a check on the spot.
Unlike Jobs, who guarded his founder’s stock carefully, Wozniak distributed some of his. He gave stock worth $4 million to his parents, sister, and brother and $2 million to friends. He made some investments in start-up companies. He bought a Porsche and fastened the license plates APPLE II to the car. His father found $250,000 worth of uncashed checks strewn about the car and said of his son, “A person like him shouldn’t have that much money.” After Wozniak finally did arrange for some financial advice, he arrived at Apple one day to announce, “My lawyer said to diversify so I just bought a movie theater.” Even that turned into a complicated venture. The theater, located among the barrios on the east side of San Jose, provoked angry community protests after it screened a gang movie, The Warriors. Wozniak attended a few community meetings, listened to the concerns of the local leaders, promised that his theater wouldn’t show violent or pornographic movies, and accompanied by Wigginton, spent a few afternoons in the empty, darkened theater screening movies and playing censor.
★ Friday, 15 August 2025