Who Owns Amazon?

Founded by Jeff Bezos in July 1994 as an online bookstore, who owns Amazon (AMZN) has undergone a remarkable transformation over the past 26 years. What started as a niche platform has burgeoned into the world’s foremost e-commerce giant, boasting an extensive and diverse product catalog. The company, as reported by The Wall Street Journal in “Jeff Bezos Founded Amazon More Than 26 Years Ago. Here’s What He Achieved,” has become a symbol of innovation and adaptability.

Amazon’s evolution is evident in its vast array of offerings, encompassing not only books but also an expansive selection of products. Ranging from video games and software to electronics, clothing, toys, and even food, Amazon has become synonymous with convenience and choice in the realm of online shopping. The company’s commitment to providing customers with a seemingly limitless range of options has solidified its status as a global leader in e-commerce.

Who is Amazon owned by?

Jeff Bezos founded Amazon in his garage in Bellevue, Washington, on July 5, 1994. Originally conceived as an online marketplace specializing in books, the company swiftly evolved into a comprehensive platform spanning a diverse array of product categories. This strategic expansion has led to Amazon being affectionately referred to as “The Everything Store.”

Beyond its core e-commerce operations, Amazon has diversified its portfolio through various subsidiaries. Notable among these is Amazon Web Services (AWS), a significant player in the realm of cloud computing. Additionally, the company has ventured into cutting-edge technologies, exemplified by subsidiaries such as Zoox, dedicated to autonomous vehicles, and Kuiper Systems, focused on satellite Internet. Amazon Lab126, another subsidiary, is instrumental in advancing computer hardware through research and development.

The company’s influence extends beyond the realms of technology, with strategic acquisitions enhancing its multifaceted presence. Amazon’s acquisition of Whole Foods in August 2017, valued at US$13.4 billion, marked a pivotal moment, significantly expanding its footprint as a physical retailer. Other noteworthy subsidiaries include Ring, known for its home security products, Twitch, a live streaming platform, IMDb, the popular movie and TV database, and Whole Foods Market, contributing to Amazon’s diversification into the grocery sector.

Amazon’s journey from a modest online bookstore to a global e-commerce giant and tech innovator showcases its commitment to constant evolution and innovation.Formun Üstü

Who has ownership of Amazon?

Amazon’s (AMZN) stock ownership is a dynamic blend, encompassing a diverse array of stakeholders. Institutional investors hold a substantial portion, accounting for approximately 47.97% of the company’s stock. Insiders, comprising individuals within the company, possess 9.63% of the stock. The remaining 42.40% is distributed among public companies and individual investors, creating a multifaceted ownership structure that reflects the widespread interest and involvement in Amazon’s success. This intricate balance of institutional, insider, and public ownership highlights the broad appeal and attractiveness of Amazon’s stock to various segments of the investment community.

The leading triumvirate of individual shareholders at Amazon comprises Jeff Bezos, Andrew Jassy, and Douglas Herrington. In terms of institutional ownership, the top three stakeholders are Vanguard, BlackRock, and State Street. This delineation underscores the dual nature of Amazon’s shareholder landscape, with notable individuals and influential institutions holding pivotal positions in the company’s ownership structure. The synergy between key figures like Jeff Bezos and institutional powerhouses like Vanguard reflects the diverse and influential nature of Amazon’s shareholder base.

Who bought Amazon now?

Jeff Bezos continues to hold the reins at Amazon.com, but recent developments, including his divorce and the subsequent stock gifts and sales, have shifted the dynamics in the company’s ownership landscape. This transformation has elevated the significance of ETF and mutual fund companies within Amazon’s ownership hierarchy.

Vanguard Group has ascended to the position of the second-largest holder of the company’s stock. The ETF giant commands an impressive portfolio of nearly 758 million shares, constituting 7.3% of the total outstanding shares. Notably, the Vanguard 500 Index ETF (VOO) alone boasts ownership of over 81 million shares of Amazon.com, according to ETF.com.

Following closely are BlackRock (BLK), the operator of iShares, and State Street Global Advisors, the operator of SPDR. These two investment powerhouses collectively possess 613.4 million and 332.4 million shares, respectively, of Amazon.com stock.

The SPDR S&P 500 ETF (SPY) emerges as the leading ETF holder of Amazon.com stock, with a substantial holding of approximately 103 million shares. Meanwhile, BlackRock’s iShares Core S&P 500 ETF (IVV) secures the second-largest position among stockholders, boasting a considerable holding of around 88 million shares. As Bezos navigates changes in his personal and financial landscape, these ETF and mutual fund companies play an increasingly pivotal role in shaping Amazon’s ownership dynamics.

Who does the Amazon belong to?

Encompassing an expansive expanse of 6.7 million square kilometers in South America, the Amazon is a colossal natural wonder. A significant majority of the rainforest, approximately 60%, is located within the borders of Brazil. The remaining portion is distributed among eight other countries, namely Bolivia, Colombia, Ecuador, Guyana, Peru, Suriname, Venezuela, and French Guiana—an overseas territory of France. This distribution highlights the vast and diverse geographical reach of the Amazon, emphasizing its crucial role in the ecological balance of the region.

Who is Amazon’s biggest shareholder?

Despite Jeff Bezos reducing his stake, S&P 500 analysts remain optimistic about the stock’s trajectory. Their bullish outlook forecasts a further 18% increase in the stock’s value over the next 12 months, reaching an estimated $173.37 per share.

This projected growth is particularly noteworthy considering the stock has already experienced a remarkable 75% surge this year. Reinforcing this positive forecast are the robust fundamentals underlying the company. Analysts anticipate earnings of $2.67 per share for the current year, a significant improvement from the 27-cent per share loss recorded in 2022. Looking ahead to 2024, there is a consensus for an additional 28% rise in earnings per share, underlining the sustained strength and potential of the stock.

What implications does this have for the company’s ownership structure? Despite the recent share distribution, including the transfer of millions of shares to his ex-wife MacKenzie Scott, Jeff Bezos maintains a substantial 9.6% ownership stake in the company, solidifying his position as the foremost shareholder.

These details highlight the significant influence and integral role that Bezos continues to play within the key S&P 500 company, extending beyond his position as executive chairman. In contrast, Amazon.com CEO Andrew Jassy’s ownership stands at a modest 2.1 million shares, placing him just within the top 300 largest shareholders. This disparity underscores the enduring impact of Bezos on Amazon’s ownership dynamics and emphasizes his continued prominence within the company.