How did a drug-taking college dropout create one of the largest companies of the world?" That's the question that this one-hour documentary on Steve Jobs by the BBC. I just saw it and it's nice.

At a sparsely attended Sotheby's auction Tuesday bidding for the documents started at $70,000 and ended 9 minutes later at $1.35 million. The unidentified buyer, who followed the action by telephone, will pay a total of $1,594,500, once Sotheby's "buyer's premium" is factored in.

UPDATE: According to Bloomberg, the documents went to Eduardo Cisneros, chief executive officer of Cisneros Corp. The Cisneros family, according to a 2006 Forbes listing, is the second wealthiest in South America.

The exhibit, titled "Steve Jobs: From Garage to World's Most Valuable Company," features photos and descriptions of objects from the museum's permanent collection, as well as vintage Steve Jobs video footage. Particularly interesting is a 22-minute 1980 video of Jobs talking about the early days of Apple. At one point during the video, after citing some examples of how Apple computers were being used in schools and in agriculture, Jobs confesses he and Steve Wozniak "had absolutely no idea what people were going to do with these things when we started out. As a matter of fact, the two people it was designed for was Woz and myself because we couldn't afford to buy a computer kit on the market."

The first computer I ever used was entirely designed by this man. Think about that for a moment. This guy actually designed an entire computer (two in fact!) from top to bottom. And he did it in the most ingenious, elegant way imaginable.

Now, almost three decades later, it's an honor to announce that Steve Wozniak is going to co-host the opening party for the coolest tech event in New York this year: Gizmodo Gallery.