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02/03/1901 US Steel becomes the world's first company worth over $1 billion

The U.S. Steel is an American integrated steel producer headquartered in Pittsburgh, with production operations in the U.S., Canada, and Central Europe. At one time, it was the largest steel producer and largest corporation in the world. It was capitalized at $1.4 billion ($41.18 billion today), making it the world's 1st billion-dollar corporation.