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| Economy |
| Bill Ford is doubling down on Ford shares, and quietly amassing more control of his great-grandfather's company in the process |
| 2022-01-14 |
| [CNBC] Ford Motor Chair Bill Ford has been slowly amassing more control of the automaker his great-grandfather founded in 1903. He is the company’s biggest individual shareholder with 2.3 million shares of the Ford’s common stock. More importantly, he directly owns 16.1 million, or 23%, of the Class B shares. That’s quadruple the roughly 4 million, or 5.7%, he owned in 2012, according to FactSet. |
| Posted by:Besoeker |
| #1 About 4 billion (yes with a B) shares of common stock are outstanding institutional investors, e.g., Vanguard, Blackrock own about half of them there are about 200M class B shares I think, not the 80M that this CNBC post says |
| Posted by: Lord Garth 2022-01-14 14:08 |