Who Owns Apple
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Apple Inc. is the world’s most valuable company and one of the top innovators in technology. But who owns the iconic brand?
Apple is a publicly traded company and is currently traded on the NASDAQ stock exchange. This means that anyone who buys shares of Apple is a part owner of the company, no matter how big or small their stake is. As of 2021, there are nearly 3.5 billion Apple shares in circulation, and they are owned by millions of individual investors around the world.
As of 2021, the five largest institutional shareholders of Apple are Vanguard Group Inc., BlackRock Inc., State Street Corporation, JP Morgan Chase & Co., and Goldman Sachs Group Inc. These firms together own nearly 18% of the company.
The largest individual shareholder of Apple stock is its CEO, Tim Cook. As of this writing, Cook owns about 0.2% of the company’s shares, though his stake could change as he makes more stock grants.
Steve Jobs, the company’s late co-founder and former CEO, also held a large individual stake in the company—roughly 5.5%. However, the value of his estate has since been divided between his wife, Laurene Powell Jobs, and his four children.
In addition to its many individual and institutional shareholders, Apple Inc. also holds roughly 5% of its own stock. This is known as treasury stock, and it’s used to grant options to employees, finance acquisitions or acquisitions, redeem shares, and more.
Overall, Apple Inc. is owned by millions of shareholders, large and small, around the world. Its iconic brand is a reflection of its many fans, investors, and supporters, who have helped to make the company what it is today.