How much would Forrest Gump have earned if he had actually invested in Apple as it appears in the movie? How much would you have earned if on July 6, 1994 Tom Hanks’ character turned on the light bulb and you invested?
It is true that mixing Apple and Forrest Gump in the same sentence may seem like it does not make sense, but be patient. It is obvious that you surely remember this mythical film. In this film one of the most striking scenes of him presents the main character played by Tom Hanks saying that his friend and associate, Lieutenant Dan, took care of Bubba Gump’s money.
Forrest Gump shows a card with Apple’s colorful apple logo and reveals that he invested in the company. This fictitious investment, made by Lt. Dan, would have been 3% of the company with a hypothetical value of $100,000.
Now it’s time to do the math. If you consider the current value of Apple, which stands at $3.03 trillion, That 3% stake would be valued at about 91,000 million at present – about 84,000 million euros.
This, in a nutshell, would put Forrest Gump and Lt. Dan at 13th place on the Bloomberg Billionaires Index.
An investment that would have made you extremely rich
While Forrest Gump’s investment in Apple is fictional, This story highlights the unpredictable madness of the market and how investment opportunities can arise at the most unexpected times. All this serendipity invites you to ponder who knew at the time that Forrest Gump and Lt. Dan were sharing one of the best investment ideas in the world?
The reality is that its premiere on July 6, 1994 gave some viewers the opportunity to make the same decision. As explained in BenzingaIf someone had invested $1,000 in Apple stock that day, that investment would have multiplied to be worth about $800,000 today, based on Apple’s current stock price.
Gump’s mother seems to have been right when she said: “Life is like a box of chocolates, you never know what you’re going to get”.