Who Are Top Amazon Shareholders?

Nov 21, 2023 By Susan Kelly

As a result of its continued growth and development, Amazon now provides a vast assortment of goods, including but not limited to video games, software, consumer electronics, clothes, toys, and food. Amazon also receives a significant portion of its income from other companies. The cloud computing market is dominated by Amazon Web Services, the biggest vendor in the industry. The entertainment streaming service offered by Amazon also develops its movies and television series, and users have access to millions of songs via Amazon Music. In addition, Amazon's subsidiary Ring provides security services for homes.

As a result of this expansion, Amazon has become one of the most valuable corporations in the world, with a market capitalization of almost $1.6 trillion as of July 9, 2020. Jeff Bezos, Andrew Jassy, and Jeffrey Blackburn are the top individual insider shareholders of Amazon, while Advisor Group Inc., Vanguard Group Inc., and BlackRock Inc. are the top institutional shareholders. BlackRock Inc. is the largest shareholder overall (BLK). People who hold senior management positions and members of the board of directors are considered "insiders," as individuals or corporations controlling more than 10 percent of the company's shares. Insider trading is not relevant at all, given the circumstances of this situation. Insiders who control the top three individual shares.

Jeff Bezos

Jeff Bezos, the creator of Amazon and the executive chair of the board of directors for Amazon, is the company's largest shareholder. He owns 55.5 million shares, constituting.1 percent of the company's outstanding shares. From the company's inception in 1994 until July 5, 2021, when he resigned in favor of Andrew Jassy, Bezos served as Amazon's Chief Executive Officer. According to Forbes' most recent rankings of the Top richest persons in the world, Jeff Bezos is in the first place. In 2019, he completed his divorce from MacKenzie Bezos, who had assisted him in starting Amazon, which resulted in a temporary decrease in his net worth.

Andrew Jassy

Andrew Jassy, who is the Chief Executive Officer (CEO) of Amazon, personally owns 94,797 shares of the firm. This represents 0.02 percent of all shares currently in circulation. Before taking over as CEO of the whole organization on July 5, 2021, Jassy served as the chief executive officer of Amazon Web Services, the world's biggest cloud computing services provider.


In 2006, he launched Amazon Web Services (AWS) with 57 employees and began selling cloud computing services. Before starting work at Amazon, Jassy established and ran a marketing consultancy firm she had developed.

Jeffrey Blackburn

Jeffrey Blackburn is a shareholder in Amazon to the tune of 48,967 shares, representing 0.01 percent of the company's total outstanding shares. Since 2006, Blackburn has held the position of Senior Vice President of Business Development at Amazon. Before becoming an employee of Amazon in 1998, he spent several years as an Associate at Morgan Stanley and Deutsche Bank. Before that, he worked for Amazon, where he held the position of Vice President of Operations Integration.

The Three Largest Institutional Investors

As of the conclusion of the first quarter of 2020, more than 3,000 13F filers were holding Amazon shares, as reported by Whale Wisdom. There were around 1,200 of them that counted Amazon as one of their top 10 holdings.

Advisor Group Inc.

Advisor Group Inc. is an institutional brokerage firm that provides various services, including financial advising, asset management, and others. It manages assets worth a total of $296.7 billion (AUM). 16 It is home to one of the most extensive networks of independent wealth management businesses found anywhere in the globe. 17 According to the 13F that Advisor Group filed for the period ending March 31, 2020, the firm has 35.4 million Amazon stock shares, accounting for 7.1 percent of the company's outstanding shares.

Vanguard Group Inc.

Vanguard Group Inc offers hundreds of mutual funds, exchange-traded funds (ETFs), and retirement programs. The company's primary focus is on managing exchange-traded funds (ETFs) and mutual funds. As of January 31, 2020, it has around $6.2 trillion in worldwide assets under management (AUM). According to the 13F that Vanguard Group submitted for the period ending March 31, 2020, the firm has 33.0 million Amazon shares, accounting for 6.6 percent of all shares currently in circulation.

BlackRock Inc.

BlackRock Inc. (BLK), one of the largest asset managers in the world, is the company that is responsible for selling the iShares ETF product line. With roughly $6.47 trillion in assets under management (AUM), the company's primary business is the management of mutual funds and ETFs. 20 According to the 13F report that this company submitted for the quarter ending March 31, 2020, they possess 27.0 million shares of Amazon.

Diversity and Inclusion

We provide investors a view into the transparency of more than just who the shareholders are at Amazon as part of our effort to promote awareness of the significance of diversity in firms. This endeavor is a part of our larger effort to improve awareness of the value of diversity in organizations. We showcase the company's dedication to diversity, inclusivity, and social responsibility in its entirety as part of our mission statement.

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