GST, HVGT, could resurface as part of Budget 2025 alongside RON95 rationalisation, says RHB analyst. Are we ready?
Home News Auto News The Volkswagen Beetle Worth Half A Billion US Dollars The Volkswagen Beetle Worth Half A Billion US Dollars Auto News Aswan | February 14, 2019 02:01 am Do you ever hear people saying that if they had a time machine, they would go back to the days before Microsoft, McDonalds, Coca-Cola, Google, and so on were just starting out - and invest in these companies in their nascent stages? Hindsight is 20/20, but for one particular Volkswagen Beetle owner, this is an especially painful loss. The story isn't all too long, so bear with us.When Domino's Pizza started out, it was a singular store in Michigan. Two brothers, Tom and James Monaghan, bought out one shop in a small chain of pizzerias with the intent of starting their own pizza business on the cheap. It was the 1960s, and the marketplace wasn't as saturated with fast food and fast casual restaurants just yet.As it is with startups, the first year or three can be a little difficult. James, not having the mettle to persevere, chose to bow out in favour of his job as a mailman. In order to buy his shares out of the business, Tom basically gave James their delivery car: a 1959 Volkswagen Beetle, barely four years old at the time. It was a fair trade for half the ownership in a fledgling company.The only problem is that Dominos wasn't a fledgling company for long. The business expanded, slowly at first, and then all at once. Dominos became synonymous with pizza delivery in many parts of the United States, and their last two decades have seen international expansion as well. Suffice to say, their business is massive.Currently, Dominos Pizza is valued at USD 287.31 a share, with a market cap of USD 11.9 billion. When the two brothers started, they were equal partners in the business in a 50-50 split, which means that if James had held on to his half of the business he could probably have made a cool USD 6 billion.Tom got off a little better when he sold his 93% stake back in 1999, for a cool USD 1 billion. It's not quite USD 11 billion, but it's definitely a lot more than a classic Volkswagen Beetle. The thing is though, you can never entirely predict the future - and while James may have lost out on a lot of money, that Beetle may have been an important part of his life regardless. ✕ Let's Connect on Whatsapp We protect your personal information in compliance with the PDPA I agree with Carlist.my Terms of Use and Privacy Policy. I agree to receive personalised communication from Carlist.my and its car sellers, business affiliates and partners. Check out the best car deals in town! Prev Next Special offer - call now! days hours Avg. mkt. Why no price is listed? Sometime dealer wants you to contact for the best price. I Why no price is listed? Sometime dealer wants you to contact for the best price. Related Tags beetle Dominos volkswagen Volkswagen Beetle Print Related News Today In History – One Millionth Volkswagen Produced, 1955 Insights Hans | August 05, 2015 On this day 5-August, sixty years ago in 1955, Volkswagen’s Wolfsburg plant produced its 1 millionth vehicle – a Beetle.To celebrate the occasion, ... 2017 Volkswagen Beetle Dune Launched In Malaysia – From RM179,990, Only 50 Units Buying Guides Hans | November 16, 2016 At the sidelines of this evening’s launch of the all-new B8 generation Volkswagen Passat, Volkswagen has also launched yet another limited edition ... Updated 2017 Volkswagen Beetle Goes On Sale In Malaysia Auto News Aswan | May 25, 2017 Volkswagen’s iconic Beetle is getting a minor update for 2017. The Beetle line-up will now consist of two variants – Design and Sport – both sharing ... Volkswagen Restores 51-Year Old Daily-Driven Beetle Named "Annie" Auto News Gokul | December 12, 2018 For the past 51 years, “Annie” the 1967 Volkswagen Beetle has been the daily mode of transportation for its owner Kathleen Brooks who bought the car ... Comments
The Volkswagen Beetle Worth Half A Billion US Dollars Auto News Aswan | February 14, 2019 02:01 am Do you ever hear people saying that if they had a time machine, they would go back to the days before Microsoft, McDonalds, Coca-Cola, Google, and so on were just starting out - and invest in these companies in their nascent stages? Hindsight is 20/20, but for one particular Volkswagen Beetle owner, this is an especially painful loss. The story isn't all too long, so bear with us.When Domino's Pizza started out, it was a singular store in Michigan. Two brothers, Tom and James Monaghan, bought out one shop in a small chain of pizzerias with the intent of starting their own pizza business on the cheap. It was the 1960s, and the marketplace wasn't as saturated with fast food and fast casual restaurants just yet.As it is with startups, the first year or three can be a little difficult. James, not having the mettle to persevere, chose to bow out in favour of his job as a mailman. In order to buy his shares out of the business, Tom basically gave James their delivery car: a 1959 Volkswagen Beetle, barely four years old at the time. It was a fair trade for half the ownership in a fledgling company.The only problem is that Dominos wasn't a fledgling company for long. The business expanded, slowly at first, and then all at once. Dominos became synonymous with pizza delivery in many parts of the United States, and their last two decades have seen international expansion as well. Suffice to say, their business is massive.Currently, Dominos Pizza is valued at USD 287.31 a share, with a market cap of USD 11.9 billion. When the two brothers started, they were equal partners in the business in a 50-50 split, which means that if James had held on to his half of the business he could probably have made a cool USD 6 billion.Tom got off a little better when he sold his 93% stake back in 1999, for a cool USD 1 billion. It's not quite USD 11 billion, but it's definitely a lot more than a classic Volkswagen Beetle. The thing is though, you can never entirely predict the future - and while James may have lost out on a lot of money, that Beetle may have been an important part of his life regardless. ✕ Let's Connect on Whatsapp We protect your personal information in compliance with the PDPA I agree with Carlist.my Terms of Use and Privacy Policy. I agree to receive personalised communication from Carlist.my and its car sellers, business affiliates and partners. Check out the best car deals in town! Prev Next Special offer - call now! days hours Avg. mkt. Why no price is listed? Sometime dealer wants you to contact for the best price. I Why no price is listed? Sometime dealer wants you to contact for the best price. Related Tags beetle Dominos volkswagen Volkswagen Beetle
Special offer - call now! days hours Avg. mkt. Why no price is listed? Sometime dealer wants you to contact for the best price. I Why no price is listed? Sometime dealer wants you to contact for the best price.
Today In History – One Millionth Volkswagen Produced, 1955 Insights Hans | August 05, 2015 On this day 5-August, sixty years ago in 1955, Volkswagen’s Wolfsburg plant produced its 1 millionth vehicle – a Beetle.To celebrate the occasion, ...
2017 Volkswagen Beetle Dune Launched In Malaysia – From RM179,990, Only 50 Units Buying Guides Hans | November 16, 2016 At the sidelines of this evening’s launch of the all-new B8 generation Volkswagen Passat, Volkswagen has also launched yet another limited edition ...
Updated 2017 Volkswagen Beetle Goes On Sale In Malaysia Auto News Aswan | May 25, 2017 Volkswagen’s iconic Beetle is getting a minor update for 2017. The Beetle line-up will now consist of two variants – Design and Sport – both sharing ...
Volkswagen Restores 51-Year Old Daily-Driven Beetle Named "Annie" Auto News Gokul | December 12, 2018 For the past 51 years, “Annie” the 1967 Volkswagen Beetle has been the daily mode of transportation for its owner Kathleen Brooks who bought the car ...