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by nickff
4507 days ago
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Anheuser-Busch is a very interesting case, I would refer you to Julie Macintosh's book "Dethroning the King", or one of her excellent presentations.[1] The Wikipedia page on Augustus Busch IV states the following: >"Press reports indicated that the Busch family ownership of the company had greatly dwindled over the years with Busch's father owning only 1.2 percent of the shares at the time of the takeover. In total the Busch family owned only 4 percent of the company"[2] I think it is fair to say the the Busch family were able to preserve some of their wealth, but their status has declined drastically over time, and will likely continue to do so. I must admit that the story about this family is subjective, and anecdotal. [1] http://www.youtube.com/watch?v=kXq9Jj4LGCo [2] http://en.wikipedia.org/wiki/August_Busch_IV |
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