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Robert Bosch

Person
Robert Bosch
Unknown authorUnknown author / Public domain · resizedfile
Bosch's will of 1938 asked that his company be kept independent and its profits used for charitable purposes. In 1964 the Robert Bosch Stiftung acquired the shares. The structure separates money from power: the foundation receives about nine-tenths of the dividends but has no votes, while a separate trust company holds almost all the voting rights. That split has kept the company independent and private for decades.
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