A 50% Stake in Domino’s Pizza Was Once Traded for a Used VW Beetle

It happened in 1961 just a little under a year after brothers Tom and James Monaghan had purchased a pizza restaurant, DomiNick’s, for $500. 

After eight months of running the business as a partnership, James Monaghan decided to trade his stake to his brother for a used Volkswagen Beetle.

Fast-forward 38 years, and Tom Monaghan decided to retire and sell most of the company that was now known as Domino’s Pizza. 

He got a bit more than the price of a used Volkswagen Beetle, though.

He sold 93 percent of the company for $1 billion.