What you need to know
- Former Apple CEO Mike Markkula is selling his California home.
- After buying it for $9 million 35 years ago, he's asking a cool $37.5 million today.
- And it isn't even his main home.
Former Apple CEO Mike Markkula is selling his swanky Californian home for a whopping $37.5 million. He bought the property for just $9 million 35 years ago. He's probably pretty pleased with his purchase!
The name Mike Markkula might not be one that is on the lips of many Apple fans, especially those who hadn't touched a Mac until the iPhone rolled around. But it's a name that's very much part of Apple's history. He was CEO from 1981 through 1983 and had a part to play in the ousting of Steve Jobs – and his return in 1997.
So what does $37.5 million get you? According to a Variety report, plenty.
But wait. There's more!
$37.5 million does sound like a lot though. I'll see what I can find down the back of the sofa.
Master your iPhone in minutes
iMore offers spot-on advice and guidance from our team of experts, with decades of Apple device experience to lean on. Learn more with iMore!
Oliver Haslam has written about Apple and the wider technology business for more than a decade with bylines on How-To Geek, PC Mag, iDownloadBlog, and many more. He has also been published in print for Macworld, including cover stories. At iMore, Oliver is involved in daily news coverage and, not being short of opinions, has been known to 'explain' those thoughts in more detail, too.
Having grown up using PCs and spending far too much money on graphics card and flashy RAM, Oliver switched to the Mac with a G5 iMac and hasn't looked back. Since then he's seen the growth of the smartphone world, backed by iPhone, and new product categories come and go. Current expertise includes iOS, macOS, streaming services, and pretty much anything that has a battery or plugs into a wall. Oliver also covers mobile gaming for iMore, with Apple Arcade a particular focus. He's been gaming since the Atari 2600 days and still struggles to comprehend the fact he can play console quality titles on his pocket computer.