This Day In History: General Motors becomes the first U.S. corporation to make over US$1 billion in a year on this day in 1955. GM was founded in 1908 so it took them 47 years to get to that point. It took Disney 69 years to make its first billion and IBM needed 79 years to accomplish that same goal. On the flip-side, Booking Holdings (which owns Booking.com and Kayak) were the fastest to make their first $1 billion; they did it in just in three years. It took Google and Amazon 5 years. According to Forbes, the chances of building a billion dollar business are .00006%. Oh, and General Motors is now the 32nd largest company by revenue.
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