Who Owns Amazon? List of Top 10 Shareholders

Jitanchandra Solanki
9 Min read

Amazon is one of the biggest companies worldwide. It operates one of the world’s largest e-commerce platforms and provides the world’s largest cloud storage solutions in Amazon Web Services (AWS). This article covers who the top ten largest Amazon (AMZN) shareholders are.

Key Takeaways 

  • Amazon (AMZN) operates the world’s largest e-commerce platform and cloud storage solution. 
  • The largest individual shareholder is founder Jeff Bezos with around 508 million shares.
  • The largest institutional shareholder is the Vanguard Group with around 324 million shares.

Amazon Shareholders Ownership Structure

In 1994, Jeff Bezos decided to create an online bookstore. In the following years, this bookstore expanded into an international e-commerce store. In 1997, Amazon became publicly traded, as the company started offering an IPO for $18 per share. This was the start of Amazon’s adventure in the stock market, which immediately attracted a diverse range of investors.

Amazon’s top-management structure consists of individual and institutional investors, who have supported Amazon’s growth throughout the years. The shareholder impact has been essential, as large capital and trust were needed for Amazon’s expansion plans. Here, the institutional investors played the biggest role as they held the highest number of shares.

Amazon’s success shows the impact shareholders can have on obtaining massive growth. To attract these investors, Amazon created strategic plans focused on long-term milestones. This aligned with potential investors' values, which have now contributed to positive results.

Invest in the world’s top instruments

Thousands of stocks and ETFs at your fingertips

Amazon Shareholders: Top 5 Institutional Owners

Amazon’s ownership structure offers a substantial amount of shares, most of them being held by institutional owners. The top five include: 

1. Vanguard Group 

Founded in 1975, Vanguard Group is an American investment advisory firm and is one of the largest worldwide. They hold 6.4% of Amazon’s shares, equivalent to 324 million shares.

2. BlackRock Inc 

BlackRock is another leading asset management company specialising in risk management and technology solutions. The asset manager owns 5.6% of Amazon, which is 284 million shares.

3. State Street Corp 

State Street Corp is one of the world’s largest global financial services and bank holding companies. It owns 3.2% of Amazon, which is 162 million shares. 

4. Fidelity Management & Research 

Fidelity Management & Research is one of the largest financial service companies, supporting more than 3,600 advisory firms with technology and investment solutions. It owns 106 million shares of Amazon, or 2.1%. 

5. T. Rowe Price Group 

T. Rowe Price Group is a global investment management firm founded in 1937. It offers funds, retirement plans and services for institutions and financial intermediaries. The asset manager owns 1.8% of Amazon, which is 90 million shares.

Amazon Shareholders: Top 5 Individual Owners

Besides the role of institutional investors, individual stakeholders also have a significant impact on the ownership of Amazon. The top five individual shareholders include:

1. Jeff Bezos 

The American founder of Amazon owns 10% of the company (508 million shares), which makes him the largest individual shareholder. Although he took a step back as CEO, his role remains essential within Amazon. Because of his input, Amazon has become the world's biggest e-commerce and cloud computing firm. His work has made him the second wealthiest individual in the world, with a net worth of more than $201 billion. Before his Amazon journey, he studied electrical engineering and computer science. He also worked on Wall Street. 

2. Andrew Jassy 

The new CEO of Amazon holds 0.03%, equivalent to 1.5 million shares. His current role and substantial investment show confidence in Amazon’s ongoing growth. Before he became CEO of Amazon, he was already active in the company as SVP and CEO of Amazon Web Services for 18 years. His education at Harvard College, where he studied government and graduated cum laude, supported him in obtaining his current position at Amazon. 

3. Douglas Herrington 

Third on the list but still holding 0.02% of Amazon’s shares, this CEO of Worldwide Consumer at Amazon owns 1 million shares. In this role, he is the leader of global online shopping experiences. This consists of the operations and fulfillment of Amazon Business, Amazon Grocery, Prime, and many other parts of Amazon. 

4. Adam Selipsky 

The CEO of Amazon Web Services, Adam Selipsky, holds roughly 0.01% of Amazon’s shares. Although this seems like a small amount, it equals 500,000 shares. In his role within AWS, he leads marketing, sales, and support. His expertise helped launch and grow this part of Amazon. Before his current role as CEO of Web Services, he had been the CEO of Tableau Software, which supports companies and individuals in becoming more data-driven.

5. Shelley Reynolds 

Reynolds is the Vice President of Worldwide Controller at Amazon and owns 0.005% of Amazon’s shares (250,000 shares). She has a key role within Amazon's financial operations and has been in this position for over 16 years. Her main responsibilities have been managing Amazon’s accounting function and the global team.

How to Invest in Amazon Shares

With Admirals, you can trade and invest in over 4,000 stocks and ETFs with the following commissions:

  • UK stocks and ETFs – 0.1% of trade value, 1 GBP minimum commission.
  • US stocks and ETFs – From $0.02 per share, 1 USD minimum commission.
  • France/Germany stocks and ETFs - 0.1% of trade value, 1 EUR minimum commission.

With Admirals, you can trade and invest in thousands of stocks and ETFs. You can learn more about trading and investing commissions on the Admirals Contract Specification page. Search for global stocks and ETFs from the MT5 web platform and invest in four steps:

  1. Open an account with Admirals.
  2. Click on Trade on one of your live or demo trading accounts to open the web platform.
  3. Search for your symbol at the top of the search window.
  4. Click Create New Order in the bottom window to open a trading ticket to input your trade size, stop loss and take profit level.
Source: Example of a chart and trading ticket from the Invest.MT5 web trading platform. Illustrative purposes only. Date captured: 5 September 2024.

The World's Premier Multi Asset Platform


Conclusion 

Amazon’s ownership structure is distributed among institutional and individual investors. The largest shareholders are Vanguard Group and BlackRock Inc., institutional investors. The individual shareholders, Jeff Bezos and current top-management executives own notable amounts of shares. This demonstrates the faith of investors in Amazon’s successes.

Continue Reading:

FAQs on Largest Amazon Shareholders

 

How many shareholders does Amazon have?

Amazon has millions of investors, distributed over institutional and individual investors.

 

Who are the biggest shareholders of Amazon?

The largest shareholders of Amazon are institutional investors like Vanguard Group and Blackrock Inc., followed by individual shareholders like Jeff Bezos.

 

How much of Amazon does Jeff Bezos own?

Jeff Bezos owns roughly 10% of Amazon’s shares, this is equivalent to 508 million shares.

 

How many AMZN shares are there?

Currently, Amazon has 5.08 billion AMZN shares.

 

Who owns Amazon now?

Jeff Bezos is the largest individual shareholder. However, Amazon is owned by a range of institutional investors, top-management executives, and individual shareholders.

 

INFORMATION ABOUT ANALYTICAL MATERIALS:

The given data provides additional information regarding all analysis, estimates, prognosis, forecasts, market reviews, weekly outlooks or other similar assessments or information (hereinafter “Analysis”) published on the websites of Admirals investment firms operating under the Admirals trademark (hereinafter “Admirals”). Before making any investment decisions please pay close attention to the following:

1. This is a marketing communication. The content is published for informative purposes only and is in no way to be construed as investment advice or recommendation. It has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and that it is not subject to any prohibition on dealing ahead of the dissemination of investment research.

2. Any investment decision is made by each client alone whereas Admirals shall not be responsible for any loss or damage arising from any such decision, whether or not based on the content.

3. With view to protecting the interests of our clients and the objectivity of the Analysis, Admirals has established relevant internal procedures for prevention and management of conflicts of interest.

4. The Analysis is prepared by an independent analyst (Jitanchandra Solanki, hereinafter “Author”) based on personal estimations.

5. Whilst every reasonable effort is taken to ensure that all sources of the content are reliable and that all information is presented, as much as possible, in an understandable, timely, precise and complete manner, Admirals does not guarantee the accuracy or completeness of any information contained within the Analysis.

6. Any kind of past or modelled performance of financial instruments indicated within the content should not be construed as an express or implied promise, guarantee or implication by Admirals for any future performance. The value of the financial instrument may both increase and decrease and the preservation of the asset value is not guaranteed.

7. Leveraged products (including contracts for difference) are speculative in nature and may result in losses or profit. Before you start trading, please ensure that you fully understand the risks involved

TOP ARTICLES
What Is Market Capitalisation?
If you read articles about the stock market chances are you will come across the term market capitalisation at some point. But what is market capitalisation? Why is market cap important? And what can it tell you about a company?In this article, we will answer these questions in detail. Furthermore,...
5 Best Energy Stocks to Watch in 2024
Energy is an interesting topic and occupies a relatively big section of the stock market. Some energy stocks are often high-dividend stocks and investing in them is a way to speculate on oil prices - although it is important to note the energy market is the most volatile stock sector. In this articl...
5 Best Value Stocks to Watch in 2024
When analysing company shares, you may find that the intrinsic value of the stock exceeds the actual stock value at the time, which creates so-called “value stocks”. This article will explain what value stocks are and how to identify them. We will also discuss some of the best value stocks to watch...
View All