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Daily Fluff: Dog cashes in Apple stock from 1989

Dillinger just made a cool $100,000 after sitting on valuable stock for 24 years.

 

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Internet Culture

Posted on Jun 4, 2013   Updated on Jun 1, 2021, 2:15 pm CDT

A golden retriever named Dillinger has sold 100 shares of Apple, Inc. that his father purchased in 1989. The total value? $101,589.

“Apple is frequently in the running as the most valuable company in the world,” says Harry Coors, a tech biz analyst with The Wall Street Journal. “Anyone who has held on to stock from the early days stands to make a pretty penny.”

Dillinger’s dad bought the shares for a paltry $40.25, and willed them, along with other financial assets, to Dillinger when he was just a pup.

“He was pretty savvy when it came to investing in hot young companies,” says Marcy Grey, a friend of the family. “He stuck with Apple through the good times and the lean times. What a pay day for D.”

Sources close to the dog say he plans to take a little vacation and invest the rest of the money in real estate.

Via Graham Etches.

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*First Published: Jun 4, 2013, 9:28 am CDT