I heard this question this evening: What was the first company to have 1 million shareholders?
The first company to have 1 million shareholders is that of Bill Gates….. Yep, Microsoft. At least this is what I remember hearing back in the late 90′s. If I am wrong please correct me. Thats a pretty impressive stat by the way. Considering that some companies have only a few million shares outstanding, you need either a company with a huge market cap like Microsoft (msft) or one with a ton of outstanding shares and people interested in the business.
![[Furl]](http://www.furl.net/images/logo-favicon.ico){kind=logo}
![[Newsvine]](http://www.newsvine.com/_vine/images/identity/button_seednewsvine.gif){kind=small}
June 5th, 2008 4:03 am
Sorry, but you’re wrong. It’s AT&T way back in 1951. It was the Final Jeopardy question on 6/3/2008. Bill Gates wasn’t even born yet!
June 5th, 2008 6:46 am
Final Jeopardy Question: In 1951, this company whose origins date back to 1876 became the first U.S. company to have one million shareholders.
Answer: AT&T
See: http://gskingdom.blogspot.com/2008/06/632008-results.html