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Shark Tank's Kevin O'Leary says if he were 25 today, he'd chase these two booming opportunities in the world of AI

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Even as Elon Musk calls philanthropy ‘very hard,’ everyday Americans gave a record $617 billion—despite feeling the squeeze over the cost of living

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Egg companies made $1.22 billion in profit off a $6 carton — now they’re buying their way out of a price-fixing case with 53 million donated eggs

1

Shark Tank's Kevin O'Leary says if he were 25 today, he'd chase these two booming opportunities in the world of AI

2

Even as Elon Musk calls philanthropy ‘very hard,’ everyday Americans gave a record $617 billion—despite feeling the squeeze over the cost of living

3

Egg companies made $1.22 billion in profit off a $6 carton — now they’re buying their way out of a price-fixing case with 53 million donated eggs
FinanceApple

Here’s How Rich You’d Be if You’d Bought Into Apple’s IPO 35 Years Ago

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Stephen Gandel
Stephen Gandel
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By
Stephen Gandel
Stephen Gandel
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December 11, 2015, 1:40 PM ET
An Apple Computer Inc. logo hangs in the center of a clear g
An Apple Computer Inc. logo hangs in the center of a clear glass cube marking the entrance to the new Apple Store in New York, Thursday, May 18, 2006.Photograph by Bloomberg via Getty Images
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Apple is the most valuable company in the world today. If only you’d predicted that coming two and a half decades ago, you’d be a lot richer as well.

Thirty-five years ago this weekend, Apple (AAPL) went public. At the offering price of $22 a share, 100 shares would have cost you $2,200. Since then the stock has split four times, including three 2-for-1 splits and one 7-for-1 split, which occurred last year.

That means your 100 shares would have multiplied into 5,600 today, and your initial investment would now be worth $632,800. That’s a return of 28,663%. And that’s before dividends, which would have added another $5,936 to your return so far this year alone.

By comparison, a $2,200 investment in the S&P 500 in the same time would have netted you about $79,000. Even betting on Warren Buffett, often considered the greatest investor of all time, won’t have made you as much money. Shares of Berkshire Hathaway (BRK-A) are up about 7,500% in the same time, turning your then $2,200 investment in to $167,200.

But you would have had to see greatness four years before the company launched the Macintosh. And you would have had to hold on to the company’s stock through the Steve Job-less years. Through much of the 1990s, Apple’s shares went nowhere. But for the faithful, the wait would have, obviously, more than paid off.

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