Story thread · 2 reports / 2 sources

The Fords Gave Away Nine-Tenths of Their Company in 1936 and Still Run It Ninety Years Later. The Split They Used, Value to Charity and Votes to the Family, Is How Any Family Business Hands Down the Money Without Handing Down the Keys

247wallst.com · 1d · first reportShare

A single share of stock bundles two separate rights that nothing in the law requires to travel together. One American family discovered this in 1936 and used it to give away most of their company while keeping total control for ninety years.