Search results
Results from the WOW.Com Content Network
Amazon logo The Amazon Spheres, part of the Amazon headquarters campus in Seattle. Amazon.com, Inc. is an American conglomerate headquartered in Seattle, Washington.Founded by Jeff Bezos on July 5, 1994, as an online bookstore, Amazon went public after an initial public offering on May 15, 1997, during the midst of the dot-com bubble. [1]
In October of that year, Amazon was recognized as the largest online shopping retailer in the world. [66] Bezos in 2010. In May 2016, Bezos sold slightly more than one million shares of his holdings in the company for $671 million, the largest sum he had ever raised from selling some of his Amazon stock. [67]
Today, Amazon is considered one of the Big Five American ... The first step was the sale of 12 million shares for about $2 billion. ... Amazon owns over 100 ...
Number of Shares Amazon Owns / Amazon Percentage Stake as of End of Q2. Value as of End of Q2. Stock's Total Return 1-Year / 10-Year. Rivian. EV maker. $14.7 billion. 158.4 million / 16.04%. $2.13 ...
The vast majority of Bezos' fortune is tied to the company's stock, which is up more than 40% year-to-date; he owns more than 926 million of the company's shares or just under 9% of Amazon's stock.
After the sale plan, Bezos would own about 912 million Amazon shares, or 8.8% of the outstanding stock. He sold shares worth roughly $8.5 billion in February, after the stock rallied 80% in 2023.
Amazon issued its initial public offering of capital stock on May 15, 1997, at $18 per share, on the NASDAQ stock exchange under the symbol AMZN. [21] Barnes & Noble sued Amazon on May 12, 1997, alleging that Amazon's claim to be "the world's largest bookstore" was false because it "...wasn't a bookstore at all. It's a book broker."
Prior to the fourth quarter, he didn't own any Amazon shares. However, the fund bought $72 million worth of shares in the quarter, making it around 2% of the total portfolio value.