Amazon Stock Ownership - Who Owns Amazon in 2024? (2024)

FAQs

Who owns Amazon in 2024? ›

The e-commerce giant's largest shareholder is its founder, Bezos, who resigned as the company's CEO in 2021 and now serves as its executive chairman. According to Forbes, Bezos was the third-richest person in the world in 2024.

Jeffrey Bezos owns the most shares of Amazon (AMZN). The ownership structure can impact the company's decision making, as large institutional investors may exert influence on the company's management and can also affect the company's stock price with their buying and selling patterns.

Jeff Bezos (born January 12, 1964, Albuquerque, New Mexico, U.S.) is an American entrepreneur who played a key role in the growth of e-commerce as the founder and chief executive officer of Amazon.com, Inc., an online merchant of books and later of a wide variety of products.

Consensus projections see Amazon's posting adjusted earnings of $4.55 per share for the December 2024 fiscal year, according to FactSet. That would mark a 57% increase from 2023. Amazon's earnings climbed to $2.90 per share for fiscal year 2023, compared to a loss of 27 cents per share in 2022.

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Who owns Amazon now? As of January 2024, Jeff Bezos remains Amazon's largest individual shareholder, followed by Vanguard Group, the company's biggest institutional shareholder.

2024-02-12 - BlackRock Inc. has filed an SC 13G/A form with the Securities and Exchange Commission (SEC) disclosing ownership of 630,188,686 shares of Amazon.com, Inc. (US:AMZN). This represents 6.1 percent ownership of the company.

Does Amazon distribute dividends? We have never declared or paid cash dividends on our common stock.

Who owns Amazon before? ›

On July 5, 1994, Amazon was officially founded under the name “Cadabra” (as in abracadabra) by young Princeton graduate Jeff Bezos within a garage space in his rental home in Bellevue, Washington.

What is Jeff Bezos' net worth? Bezos' worth is largely tied to the shares he owns in Amazon. A filing with the Securities and Exchange Commission showed that as of November 2023, he owned 988 million shares. Those shares were valued at about $143 billion in early December.

Total debt on the balance sheet as of March 2024 : $134.68 B

According to Amazon's latest financial reports the company's total debt is $134.68 B. A company's total debt is the sum of all current and non-current debts.

Despite its noteworthy liabilities, Amazon.com boasts net cash, so it's fair to say it does not have a heavy debt load! Even more impressive was the fact that Amazon.com grew its EBIT by 176% over twelve months. If maintained that growth will make the debt even more manageable in the years ahead.

Bezos stepped down as CEO but moved into the role of executive chairman to continue influencing Amazon's path, albeit in a different capacity. Earlier this year, Bezos sold 50 million Amazon shares, netting approximately $8.5 billion.

A 100% return by the end of 2030 translates to a compound annual growth rate of around 11.3%. Amazon's earnings increased by 14% year over year in the fourth quarter of 2023. If the company can keep up this growth rate, its stock has a good shot of doubling or more by 2030.

The founder of Amazon boasts several other enterprises — including the aforementioned aerospace company Blue Origin and The Washington Post newspaper — that have helped boost his net worth. His investment firm, Bezos Expedition, owns stakes in Uber (UBER) , AirBnB (ABNB) , and X (formerly Twitter) (TWTR) .