Bill Ford is doubling down on Ford shares, and quietly amassing more control of his great-grandfather's company in the process
[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 2022-01-14 |