Mike Markkula – Second CEO of Apple Company | Age, Biography, Wiki, Career, Net Worth, Wife, Son and Facts

Mike Markkula is a businessman, investor, and electrical engineer from the United States. Mike Markkula is best known as Apple Computer, Inc.’s second CEO, who provided essential early finance and managerial assistance. At the time of its founding, he owned 26% of Apple, which was equal to the shares of co-founders Steve Jobs and Steve Wozniak.

Mike Markkula’s Biography, Wiki and Quick Facts

Full Name: Mike Markkula
Born Date: 11 Feb, 1942
Age: 81 years
Horoscope: Aquarius
Lucky Number: 2
Lucky Stone: Amethyst
Lucky Color: Turquoise
Best Match for Marriage: Aquarius, Gemini, Sagittarius
Gender: Male
Profession: Businessman, electrical engineer, and investor
Country: United States
Mostly Known As Second CEO of Apple Company
Height: 5 feet 1 inches (1.55m)
Relationship Status: married
Wife Linda
Net Worth $1.2 Billion
Eye Color Brown
Hair Color Grey
Birth Place Los Angeles, California
Nationality American
Education University of Southern California
Father Armas Clifford Markkula, Sr.
Mother Katherine Rose Markkula
IMDB Mike Markkula IMDB
Wiki Mike Markkula Wiki

How much is the Mike Markkula’s Net Worth and Earnings? How rich is the second CEO of Apple Company?

Mike Markkula is a well-known American entrepreneur best known as an angel investor and Apple Computer, Inc.’s second CEO. As of this writing, his net worth is $1.2 billion. He donated the funding that allowed Steve Jobs and Steve Wozniak to establish their own firm and mass-produce the Apple II computer. Apple is now valued at over $2.5 trillion.

Early Years and Childhood

Mike Markkula was born in Los Angeles, California, the United States of America, on February 11, 1942. He is currently 81 years old and born under the sign of Aquarius. He also has American citizenship and his real name is Armas Clifford Markkula Jr. Mike Markkula’s given name is Armas, and his surname is Markkula, both of which are traditional Finnish surnames. Armas, his given name, means “dear” or “beloved” in Finnish.

Armas Clifford Markkula, Sr. (father) and Katherine Rose Markkula (mother) raised him. He became interested in electronics and technology as a child.

He graduated from the University of Southern California with a Bachelor of Science and a Master of Science in electrical engineering.

Professional Career

Mike Markkula worked as a marketing manager at Fairchild Semiconductor and Intel after graduating. During his time there, he accumulated stock options that earned him millions of dollars, allowing him to retire at the age of 32.

Apple

Markkula stepped out of retirement to invest in Apple after Steve Jobs persuaded him to sponsor the creation of the Apple II. Jobs initially met Markkula through venture capitalist Don Valentine and Regis McKenna. He decided to contribute US $250,000 ($170,000 as a loan and $80,000 as an equity investment), confident in Jobs’ abilities to run a business.

Because of his financial backing, he became Apple’s third owner and third employer. He also assisted the company in obtaining financing and venture money. As a result, Michael Scott became the company’s first CEO. From 1981 to 1983, Markkula was Apple’s second CEO, and from 1985 until 1997, he was the company’s chairman.

Mike Markkula's Career
Mike Markkula presents a check to Steve Jobs (Photo: Steve Jobs)

During this time, he authorized Jef Raskin to begin implementing his 1979 plan to design the Macintosh. He also helped the company gain incorporation status.

As an educated engineer, Markkula possessed certain technical ability that enabled him to build a number of early Apple II applications and test Apple hard and software betas. One of the first three Apple III programs was written by Markkula.

The Apple III, on the other hand, was a commercial failure. Jobs returned as interim CEO in 1996 after leaving Apple in 1985. Markkula quit the company that year.

After leaving Apple

After leaving Apple, Markkula joined Echelon Corporation. He has also worked for ACM Aviation, San Jose Jet Center, and Rana Creek Habitat Restoration. ALso he is a member of the Markkula Center for Applied Ethics’ Board of Directors at Santa Clara University. He did, however, make an investment in Crowd Technologies. And he founded Piggie, an online program that predicts stock market moves using the wisdom of crowds, and he is also an investor in LiveCode Ltd. in Scotland.

Awards and Achievements for Mike Markkula

While Markkula is well-known for his efforts to Apple Inc., details on specific prizes he has received are few. His accomplishments and impact on the technology industry, however, have been extensively recognized.

Relationship Status | Who is the wife of Mike Markkula?

Mike and Linda Markkula are happily married. Aside from that, little is known about their precise marriage date, when they met, their children, and many other details. Markkula is also a generous donor. Furthermore, he makes several charitable contributions.

Mike Markkula's Wife
Mike Markkula poses with his wife. (Image Via: Fogarty Innovation)

The husband and wife have donated millions of dollars to charity over the years. Santa Clara University is one of its numerous supporters. Rana Creek property, a huge 14,000-square-foot property in Carmel Valley, California, is also owned by the couple. A main home, several guest buildings, a working cow ranch, a riding arena, a private lake, a helipad, and a 3,000-foot landing strip are all part of the $60 million property.

Body Measurements of Second CEO of Apple Mike Markkula

Markkula is 5 feet 10 inches tall (178 cm) and weighs approximately 74 kg (163 lbs). Furthermore, he has grey hair and brown eyes, and his other bodily measurements are unknown.

Social Media Accounts

Because this businessman prefers to keep his personal life private, he is not active on social media platforms such as Instagram, Twitter, and Facebook.