4.22 Citi Shares For Each Person in the World
Friday, December 18, 2009 at 08:06AM A comment on Zero Hedge today offered up an interesting stat -- that there are 4 shares of Citigroup for each person on the planet. Wow.
We looked at all US stocks and found that Citi has by far the most shares per person on the planet. With 28,260,770,000 shares outstanding and 6,692,030,277 people in the world in 2008, the Citi shares/person ratio is 4.22. There are only four other US stocks that have enough shares outstanding to give every person in the world at least one share -- General Electric (1.59 shares/person), Bank of America (1.48), Microsoft (1.33), and Pfizer (1.21). Bill Gates held 681,395,074 shares of MSFT in his last Form 4 filing. That's enough to give everyone in the world a tenth of a share of MSFT just from his holdings.
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