Founded by Jeff Bezos in 1994, Amazon is one of the world’s largest online retailers and e-commerce companies. Its focus on technology and customer service has enabled it to become a leader in the online retail space. But who owns Amazon?
Amazon is owned by its founder and CEO, Jeff Bezos. He is currently the world’s richest person, with a net worth estimated at over $140 billion. Bezos owns 57 million shares of Amazon stock, which makes up about 13% of the company’s total shares outstanding.
Bezos has been actively involved in Amazon’s growth since its inception, providing strategic vision for the company’s development and expansion into a wide range of industries.
In addition to his role as CEO, he also serves as chairman of the board of directors as well as executive chairman.
Amazon also has two large institutional investors: Vanguard Group and BlackRock. Together they own an estimated 14% and 11% of Amazon respectively. They have been large shareholders since 2017 and 2018 respectively, when their investments totaled around $13 billion each.
Other institutional investors include Fidelity Investments (6%), Bank Of America (4%), Morgan Stanley (4%) and State Street Bank (4%). Some smaller shareholders include Berkshire Hathaway (2%) and T Rowe Price Associates (2%).
Conclusion:
Amazon is primarily owned by its founder Jeff Bezos, with other large institutional investors including Vanguard Group, BlackRock, Fidelity Investments, Bank Of America, Morgan Stanley and State Street Bank holding significant stakes in the company as well.
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