Not all companies do that. It is possible to make dual class voting, where some shareholders shares have more votes than others.
For instance Google, Meta, Ford, Warren.
Yeah, but those systems still don’t count votes by “number of shareholders” as indicated above. They’re still weighted by number of shares, just some shares have more benefits than others
The class offered to the general public often has limited or no voting rights, while the class available to founders and executives has more voting power and often provides for majority control of the company.
This is a great fuckin question and one that’s probably more important than we realize
And an easy question to answer - 1% of shares. All businesses weigh shareholder votes by number of shares held.
Not all companies do that. It is possible to make dual class voting, where some shareholders shares have more votes than others. For instance Google, Meta, Ford, Warren.
https://www.investopedia.com/terms/d/dualclassstock.asp
Yeah, but those systems still don’t count votes by “number of shareholders” as indicated above. They’re still weighted by number of shares, just some shares have more benefits than others