This happened in South Korea in the late 70s when the founder gave 100% of his stake in a famous pharmaceutical company. Fast forward to 2024, the employers wh

This happened in South Korea in the late 70s when the founder gave 100% of his stake in a famous pharmaceutical company. Fast forward to 2024, the employers who now own the company are fighting amongst each other, involved in bribery, and the company is now at risk of a hostile takeover perhaps even bankruptcy as they've been losing market share steadily after it became 100% employee owned 50 years ago.