This was the first billion-dollar company in the world.
- General Motors
- US Steel
- Apple
- Alcoa
This was the first billion-dollar company in the world.
US Steel. Founded in 1901 and in order to bring acquired companies into line, the new company issued mortgage bonds, preferred and common stock valued at about $1.4 billion, with real company assets of only $682 million. The remaining $718 million was mere good will.