The ownership of the company with respect to debt liability. The company was founded in 1886 by Dr. John Pemberton. His first year of business saw an average of 9 drinks sold per day and a total take of $50. Now, however, the business entity is too large for any single person or group to own, even if it consisted of people like Kerry Packer and Bill Gates. It is a publicly traded company, with 5% of the total sum of its shares held by insiders, such as employees and directors, managers. This also includes those who founded the company by owning shares. 64% of the company's shares are held by over 1400 different mutual and institutional fund owners, while the remainder is held by various other entities. Just 1% of Coca-Cola shares would be worth more than $3 billion. Coca-Cola's largest shareholder entity is Berkshire Hathaway, (a company run from Omaha, Nebraska, owned by Warren Buffett. Berkshire Hathaway holds 400 million shares, or about 9% of the company. This is a stake valued at least £31 billion Coca-Cola owns: • Institutional holdings 62.68% • Total number of holders 1,710 • Total shares.