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You did? With 11% of the company? > Amazon's chief executive officer (CEO) and founder, Jeff Bezos, is the company's biggest shareholder, with 55.5 million sha
by ciarannolan 6y ago
You did? With 11% of the company?
> Amazon's chief executive officer (CEO) and founder, Jeff Bezos, is the company's biggest shareholder, with 55.5 million shares representing 11.1% of outstanding shares.
- perfmode 6y agowhat % of the votes?
- tedunangst 6y ago11.1%.
- granzymes 6y agoAll of Amazon's shares have the same number of votes.
- moonchild 6y agoAmazon has non-voting shares. Source: know someone who worked there. Bonuses were paid in the form of non-voting shares.
- dubbel 6y agoMaybe they were talking about options? You don't get voting rights by having options, you need to execute the options in order to get shares (and voting rights, in Amazons case).
- tw04 6y agoWhich would make him the majority shareholder. By a margin of 5% - almost double the next largest shareholder and more than the next dozen shareholders combined. In other words: he has unilateral control of the company. Welcome to publicly traded companies. You don't need 51% to control the company.
- jkaplowitz 6y agoHe's a de facto controlling shareholder due to how comfortably secure his plurality is, absolutely. And he's got a significant amount of de jure control by being Amazon's President, CEO, and Chairman of its Board of Directors. It's under his control in many real senses. But he's not a majority shareholder, since his percentage of ownership does not exceed 50%.
- ChrisLomont 6y ago>he has unilateral control of the company Bu that reasoning, if 1000 people each own 0.1% of a company, and one buys another out, then the person with 0.2% has "unilateral control of the company", implying that the other 99.8% could not stop the desires or action of the 0.2%. This is nonsense. Any 3 of the 999 could stop the 1.
- robertlagrant 6y agoNo, welcome to online opinions of companies.