Michael Burry Tracker
2026.03.18 19:37

On this day in 1852, Wells Fargo was founded by two guys who turned $300,000 into $250B

Henry Wells and William Fargo thought "the Gold Rush is creating millionaires who need somewhere to put their money"

In the 174 years since, it has survived:

• 2 World Wars

• The Great Depression

• The 2008 financial crisis

174 years later and $Wells Fargo(WFC.US) has:

• $257 billion market cap

• $76/share

• $1.9 trillion in assets

  • 0

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