How Many Shares of Amazon Stock Does Jeff Bezos Own?

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Jeff Bezos, the founder and former CEO of Amazon, owns a significant portion of the company's stock. He's one of the richest people in the world, and his net worth is largely due to his Amazon holdings.

As of 2020, Bezos owned approximately 12% of Amazon's outstanding shares. This is a staggering amount, considering the company's massive market value.

Major Shareholders

Jeff Bezos is Amazon's largest shareholder, but institutional investors own nearly 63% of Amazon's shares. Bezos owns a significant amount of stock, but it's not the only notable holding.

Bezos owns 988.3 million shares of Amazon stock, which is approximately 9.5% of the company's common stock. This is a substantial stake, but it's worth noting that institutional investors hold a larger percentage of the company.

The largest institutional investors in Amazon include Vanguard Group, BlackRock, and State Street Global Advisors. These institutions hold significant amounts of Amazon stock, with Vanguard Group owning 758.0 million shares, or 7.3% of the company's common stock.

Here's a list of the top Amazon shareholders:

Amazon Stock Performance

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Amazon stock has had a remarkable year, with a nearly 32% gain year-to-date, outpacing the 4% gain of the Dow Jones Industrial Average index.

The stock price hit an all-time high of $200.43 on Tuesday, the same day founder Jeff Bezos revealed plans to sell off 25 million shares.

Amazon's stock ticked down below $200 on Wednesday, but it's still a significant achievement, especially considering the company's recent success.

After the sale plan, Bezos would own about 912 million Amazon shares, or 8.8% of the outstanding stock.

The sale of 25 million shares is a significant move, but it's worth noting that Bezos sold shares worth roughly $8.5 billion in February, after the stock rallied 80% in 2023.

Bezos' Involvement

Bezos is Amazon's largest shareholder, but he's not the only one with a significant stake in the company. He owns close to 9% of Amazon's shares.

Bezos has been a key figure in Amazon's success, but he's also taken a step back from running the company. He retired from his role in 2021.

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One expert, Scott Ritchie, believes Bezos' sale of $3 billion in stock shouldn't be a concern for investors. He still owns a significant portion of the company.

Amazon's latest financial reports show a promising trend. Their net sales increased 11% compared to the same quarter last year, and their net income increased almost 55%.

Here's a breakdown of the largest shareholders of Amazon as of December 31, 2023:

Amazon Ownership Structure

Jeff Bezos is still the largest shareholder of Amazon, owning 988.3 million shares, which amounts to 9.5% of the company's common stock.

The Vanguard Group is now a larger No. 2 holder of Amazon's stock, owning nearly 758 million shares, or 7.3% of the shares outstanding.

BlackRock and State Street Global Advisors are also significant holders of Amazon stock, with 613.4 million and 332.4 million shares, respectively.

The SPDR S&P 500 ETF owns more Amazon stock than any other ETF, with roughly 103 million shares.

Here's a list of the top Amazon holders:

These numbers give you an idea of the significant ownership stake that various companies and individuals have in Amazon.

Victoria Funk

Junior Writer

Victoria Funk is a talented writer with a keen eye for investigative journalism. With a passion for uncovering the truth, she has made a name for herself in the industry by tackling complex and often overlooked topics. Her in-depth articles on "Banking Scandals" have sparked important conversations and shed light on the need for greater financial transparency.

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