Early life
Mike Markkula was born on February 11, 1942, in Los Angeles, California, United States of America. He is currently 81 years and has a zodiac sign of Aquarius. Furthermore, he is a US citizen and his birth name is Armas Clifford Markkula Jr. Mike Markkula’s first name is Armas and his last name is Markkula, both traditional Finnish names. His given name Armas means “dear” or “beloved” in Finnish.
He was born to his parents Armas Clifford Markkula, Sr. (father) and Katherine Rose Markkula (mother). During his childhood, he developed an interest in electronics and technology.
In terms of his academic career, he earned a Bachelor of Science and a Master of Science in electrical engineering from the University of Southern California.
Career
After completing his graduation, Mike Markkula worked as a marketing manager for Fairchild Semiconductor and Intel. While there, he acquired some stock options that earned him millions, allowing him to retire at the age of 32.
Apple
Markkula came out of retirement to invest in Apple after Steve Jobs convinced him to support production of the Apple II. Through Don Valentine, a venture capitalist, and Regis McKenna, Jobs met Markkula. He made the decision to invest US$250,000 (US$170,000 as a loan and US$80,000 as an equity investment), believing in Jobs’ ability to run a company.
He became Apple’s third owner and third employer thanks to his financial support. In addition, he helped the company acquire credit and venture capital. As a result, Michael Scott was appointed as the company’s first CEO. Markulla served as Apple’s second CEO from 1981 to 1983 and as Chairman of the Board of Directors from 1985 to 1997.
Caption: Mike Markkula presenting a check to Steve Jobs (Source: Steve Jobs)
During this time, he gave Jef Raskin the go-ahead to begin implementing his 1979 plan to design what would become the Macintosh. He also helped the company obtain incorporation status.
Markkula, as a trained engineer, possessed some technical skills that enabled him to write several early Apple II programs and beta test Apple hardware and software. Markkula created one of the first three Apple III programs.
Apple III, on the other hand, was a flop. After leaving Apple in 1985, Jobs returned as interim CEO in 1996. That year, Markkula left the company.
After leaving Apple
Markkula joined Echelon Corporation after leaving Apple and has also worked at ACM Aviation, San Jose Jet Center, and Rana Creek Habitat Restoration. He is a member of the Board of Directors of the Markkula Center for Applied Ethics at Santa Clara University. In addition, however, he invested in Crowd Technologies. He created Piggie, a web application that uses the wisdom of crowds to predict stock market movements, and is also an investor in LiveCode Ltd. in Scotland.
Awards
While Markkula is highly regarded for his contributions to Apple Inc., limited information is available on the specific awards he has received. However, his achievements and his impact on the technology industry have been widely recognized.
Net Worth 2023
Markkula is a well-known American businessman best known as an angel investor and the second CEO of Apple Computer, Inc. His net worth is $1.2 billion as of this writing. He provided the funds that allowed Steve Jobs and Steve Wozniak to form a company and mass-produce the Apple II computer. Apple is now worth over $2.5 trillion.
civil status
Mike Markkula is happily married to his wife Linda. Other than this, not much is known about the exact date of their marriage, when they met, their children, and many others. Markkula is also a philanthropist. Also, he makes a lot of philanthropic donations.
Caption: Mike Markkula with his wife (Source: Fogarty Innovation)
The husband and wife have donated millions of dollars to charity over the years. One of its many benefactors is Santa Clara University. The couple are also the proud owners of Rana Creek Ranch, a sprawling 14,000-square-foot ranch in Carmel Valley, California. The $60 million property includes a main house, several guest houses, a working cattle ranch, a riding arena, a private lake, a helipad and a 3,000-foot airstrip.
body measurements
Markkula is 5 feet 10 inches tall (178 cm) and weighs around 74 kg (163 pounds). Furthermore, he has gray hair with a pair of brown eyes, while the other body measurement of him is still unknown.
This businessman is quite secretive about his personal life, which is why he is not active on social networking sites like Instagram, Twitter, and Facebook.
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Source: vcmp.edu.vn