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Posted Oct 30, 2006 06:57 by Maricar V. Listed in: Interviews, Off Topic Tags: Steve Wozniak
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WozniakApple co-founder Steve Wozniak may not be as visible as Steve Jobs, but when the "other Steve" talks, he sure gets our attention.

The Times Online got Wozniak talking about money, taxes, and why he carries US$ 20,000 cash in his pocket (no typo there, the zeroes are in the right places). While that's one brow-raising statement, we can't blame him for carrying so much moolah because he needs to get his gadget fix. Yes, folks, the 56-year old multi-millionaire is still gadget-crazy, with a certain fixation to Segway scooters, environment-friendly hybrid cars, and plasma televisions. With such high-end toy addiction, it becomes understandable why Woz carries around that much money. That's on top of the credit cards that he use "quite a lot now". It's not hard to tell that Woz is a huge spender, eh?

The Times tried to dig up some financial info from Woz, but unfortunately, he's not quite certain about the status of his investments or how much he earns. He leaves it up to his accountant and broker. But he did say, "IĀ?m an engineer, not a money person, but I do remember using some of the proceeds from selling my Apple stock to buy a house in Scots Valley, California."

It's quite interesting to know that a person of his stature really doesn't keep track of his investments. Perhaps that makes his proposed change in US tax system seem a little bit strange and would make economists cringe: "I would like to see all assets taxed instead, although I think it would save everyone a lot of time and energy if the government just deflated the economy by 1 per cent a year by printing more money. That will never happen, though."

But it's easy to lose track of investments and all "unimportant" tax and government issues when you're just happy with your life, right? That seems to be the case for Woz.

[Via Times Online] Permalink  |   Email this  |   Linking Blogs   |   Digg It!

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2 Comments


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   by FIRST POST! (Unregistered) - 2006-10-31
 » L0LZ!

IT'S DAVE GROHL!
   by Lou (Unregistered) - 2006-11-01
 » What was the point of that

I am kinda unsure of why I just read that. It felt like a text version of MTV Cribs. Seemed very superficial. Why does anyone care how much cash Woz has. Also why interview someone about financial opinions (which could be useful) , only to find out he has no knowledge or interest in them, and then go ahead and print it??

Maybe if the reporter got a tip that Woz was unconventional with money handling and offered the public a learning lesson by quizzing him on what he does with his money, then i'd say GO AHEAD!! PRINT IT! but this to me felt very self-serving. It also doesn't fit with the image I have for Woz, from what I've learned of him - he would never want the entire apple community to think that he likes to sit around and talk about how much money he has in his wallet, how much he spent on a house, or how many million he made in a stock sale.

Seriously I feel this paints the picture of an immature Rapper that just got his first paycheck, or something of the sort. I hope, that in fact it was simply a cheap story written by a reporter that wanted to impress people with 0's and $ signs.

Boo.




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