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Amazon logo The Amazon Spheres, part of the Amazon headquarters campus in Seattle. Amazon.com, Inc. is an American technology company 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]
Amazon.com, Inc., [1] doing business as Amazon (/ ˈ æ m ə z ɒ n / ⓘ, AM-ə-zon; UK also / ˈ æ m ə z ə n /, AM-ə-zən), is an American multinational technology company engaged in e-commerce, cloud computing, online advertising, digital streaming, and artificial intelligence. [5]
Amazon's largest shareholder is its founder, but Jeff Bezos isn't the only one with a large stake in the tech giant.
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.
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%.
Company Ticker Sector Ownership % # of Shares Value As of date Ally Financial: NYSE: ALLY: Financial Services: 2.91: 8,969,420: $346,847,471: May 23, 2022 Amazon ...
Earlier this year, Bezos sold 14 million shares of Amazon.com Inc. worth $2.4 billion, the last batch in his plan to sell 50 million shares by Jan. 31, 2025. With this latest transaction, Bezos ...