Forrest Gump’s investment in Apple would be worth $28 billion today

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ajacobson

Forrest Gump’s investment in Apple would be worth $28 billion today


BY KILLIAN BELL • 8:00 AM, JULY 7, 2019

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Forrest Gump finds out he owns part of a “fruit company.”
Screen cap: Paramount
In the Oscar-winning movie Forrest Gump, there’s a short scene in which Tom Hanks’s character opens a letter of thanks from Apple after his former military colleague and business partner Lieutenant Dan invested some of the profits from the Bubba Gump Shrimp Company in “some kind of fruit company.”

It’s been 25 years since that movie debuted. If Gump was real and if he was still clinging on to his investment today, his investment in the Cupertino company would worth around $28 billion.

It’s only a guesstimate
How much of the shrimping profits Dan invested exactly isn’t mentioned in the movie, so a notional amount of $100,000 is used for this. Given the success of the Bubba Gump Shrimp Company, that’s certainly a plausible figure.

Also, keep in mind that Apple’s IPO wasn’t until 1980 and this imagined buy-in was made earlier than that, so this would have been “angel” investing. Still, over the years various experts have estimated that their money would have given the pair a 3% stake in Apple.
 
And being Gump he would not have been concerned when they were on the verge of going under when all the Claris architects (application division) left because they basically took their stock options away and MSFT has to stake them, I think 140Mil. I wonder what happened to that investment for MSFT?.
 
Bad_Badness said:
And being Gump he would not have been concerned when they were on the verge of going under when all the Claris architects (application division) left because they basically took their stock options away and MSFT has to stake them, I think 140Mil. I wonder what happened to that investment for MSFT?.
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Was $150,000,000 back 23 years ago this month and let's be clear if Microsoft never gave Apple that money Apple would NOT be around today. Remember apple was a worthless company back in the late 90s with no wanting anything to do with it. Also I heard back in the day that GE was interested in buying them for practically nothing, now GE is worthless and apple is the most valuable company.
 
The sadder part is that if you had bought Apple stock after watching that scene in the Forrest Gump movie (released in 1994 I think?), you too would be worth a fucking fortune today.
 
Apple added $100,000,000,000 in market cap in a single day.

For a company this size to trade they way its trading is unheard of. Any drop of 20- 25% or more in apple should not be any bit shocking after a historical sizeable move like it has had this year.
 
S2007S said:
Was $150,000,000 back 23 years ago this month and let's be clear if Microsoft never gave Apple that money Apple would NOT be around today. Remember apple was a worthless company back in the late 90s with no wanting anything to do with it. Also I heard back in the day that GE was interested in buying them for practically nothing, now GE is worthless and apple is the most valuable company.
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yeah we were all sitting around the halls of MSFT thinking, should I sell some MSFT to buy some too? Nah, this is a charity deal to keep the DOJ off our back.
 
Poljot said:
So we should put all our eggs in one basket apparently :)
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I think JP Morgan said something like that. "put all your eggs in one basket and WATCH that basket". I think though he was probably alluding to the fact that diversification was not a substitute for management, since he had a lot of investments.
 
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