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.
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