Tim Cook’s leadership took Apple to new heights, including a market capitalization that reached $3 trillion. Cook himself owns a large stake in Apple, but its main owners are institutional investors. Apple annually publishes a statement disclosing the institutions and individuals who own 5% or more of the company’s shares.
Who are the biggest owners of Apple?
Apple’s new statement on this matter is due out in January 2024. By then, we only know what the ownership structure looked like as of January 2023. At the time, Apple’s largest shareholder was Vanguard Group Inc., which owned 7.96% of the company, or more than 1.2 billion shares. According to the document, BlackRock Inc. owned about 1.1 billion shares, which amounted to 6%. The third largest owner of Apple shares was Berkshire Hathaway Inc. Warren Buffett, whose stake was approximately 5.73%.
The company’s largest individual investor in January 2023 was Arthur Levinson, with more than 4.5 million shares. Levinson has been a member of Apple’s board since 2000 and chairman of the board since 2011. Next in line after Levinson was Tim Cook, followed by Jeff Williams, the company’s chief operating officer.
What share of Apple does Tim Cook have?
The latest information on Tim Cook’s ownership of Apple shares will be published in January 2024. He owned 3.3 million shares as of October 2023, according to an SEC filing.
Does Bill Gates own shares of Apple?
In Jobs’s first year as CEO, he entered into a partnership with Bill Gates’ Microsoft, which invested $150 million in Apple and committed to developing software for macOS. In 2003, Microsoft decided to sell all of its shares to Apple for $550 million.
Do its founders own Apple?
Apple was founded by Steve Jobs, Steve Wozniak and Ronald Wayne in 1976. 12 days after founding Apple, Wayne sold his 10% stake in Apple for $1,500.
It’s unclear what Wozniak’s current stake is, but he and Steve Jobs had a 45% stake in the company at the beginning.
Jobs’ widow, Laurene Powell Jobs, inherited 5.5 million Apple shares, according to company filings from 2011. But in 2022, she promised to give away most of her fortune to charity and it is also unknown what she owns now.
Source: Business Insider
2023-12-23 21:51:01
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