Who is the owner of Amazon? Amazon is owned by a variety of parties, with Jeff Bezos, the executive chairman, having the greatest influence. With around 10% of the company’s shares, Bezos is its largest stakeholder.
Along with Bezos, a range of investors, including institutional and mutual fund investors, individual investors, and other corporate entities, own the remaining Amazon shares. A number of private equity and venture capital firms have also made investments in Amazon.
Amazon is owned by a variety of parties, with Jeff Bezos, the executive chairman, having the greatest influence
Additionally, through its employee stock ownership plan, Amazon gives its staff the opportunity to hold a tiny percentage of the company’s shares. Although Jeff Bezos is by far Amazon’s most significant shareholder, it’s vital to keep in mind that the company’s ownership is really highly diverse.
So who is the owner of Amazon? The ownership of Amazon is divided among several individuals and organizations, whether we’re discussing individual investors, institutional investors, or the company’s employees.
Who is the owner of Amazon? – Top 3 Individual Insider Shareholders
Jeff Bezos
Jeff Bezos, Amazon’s founder and executive chair of the board, is the company’s largest shareholder, with 55.5 million shares or 11.1% of outstanding shares. Bezos was Amazon’s CEO from its inception until July 5, 2021, when he stood aside in favor of Andrew Jassy.
Jeff Bezos
Bezos presently sits atop Forbes’ list of the world’s richest individuals. His net worth was temporarily reduced in 2019 when he finalized his divorce from MacKenzie Bezos, who assisted him in founding Amazon. As part of the agreement, Bezos retains voting authority over his entire shareholding, despite the fact that his ex-wife owns 25% of those shares.
Andrew Jassy
Andrew Jassy, Amazon’s CEO, holds 94,797 shares of the business, or 0.02% of all outstanding shares. Jassy formerly served as the CEO of Amazon Web Services, the world’s biggest cloud computing services firm, until taking over as CEO of the whole company on July 5, 2021.
Jassy began working at Amazon in 1997. In 2006, he created AWS with a staff of 57 employees and began selling cloud services. Jassy had started and ran a marketing consultancy firm before joining Amazon.
Jeffrey Blackburn
Jeffrey Blackburn owns 48,967 Amazon shares, or 0.01% of the company’s total stock. Since 2006, Blackburn has served as Amazon’s Senior Vice President of Business Development. He formerly served as Amazon’s Vice President of Operations Integration, having joined the firm in 1998 after working as an Associate at Morgan Stanley and Deutsche Bank.
Who is the owner of Amazon? – The Top Three Institutional Shareholders
According to Whale Wisdom, almost 3,000 13F filers had Amazon shares at the end of the first quarter of 2020. Around 1,200 of them listed Amazon as one of their top ten holdings.
Who is the owner of Amazon? – The Top Three Institutional Shareholders
The Advisor Group, Inc.
Advisor Group Inc. is an institutional brokerage firm that provides asset management, investment advisory services, and other related services.
According to its 13F filing for the fiscal year ending March 31, 2020, Advisor Group holds 35.4 million shares of Amazon stock, or 7.1% of all outstanding shares.
Vanguard Group Inc.
The Group holds 33.0 million shares of Amazon, or 6.6% of all outstanding shares, according to its 13F filing for the fiscal year ending March 31, 2020. Vanguard investors may buy Amazon shares through the Consumer Discretionary ETF (VCR). Amazon is the fund’s largest investment, accounting for 21.3% of its portfolio.
BlackRock Inc.
According to its 13F filing for the fiscal year ending March 31, 2020, this corporation owns 27.0 million shares of Amazon. This represents 5.4% of all Amazon shares in circulation. The top position in the iShares U.S. Consumer Services ETF (IYC) is Amazon shares, which accounts for 10.4% of the fund.
