Who owns Apple?

Who owns Apple? Apple Inc. is a publicly traded company, so no individual or entity owns the entire company. However, the majority shareholder of the company as of 2023 is The Vanguard Group, which owns 7.6% of all outstanding shares. Other major institutional shareholders include Warren Buffett’s Berkshire Hathaway (5.62%), Capital Research & Management Co. (2.38%), BlackRock Inc. (2.04%) and State Street Global Advisors (3.72%). ). Apple’s three main individual shareholders are Tim Cook (CEO), Arthur D. Levinson (independent chairman) and Albert Arnold Gore (independent director and former US vice-president).

Who owns Apple?  - Who owns Apple?

People with significant shares of Apple

Tim Cook, CEO of Apple Inc., is currently one of the largest individual shareholders with approximately 3,279,726 shares/Apple shares worth approximately $426,134,799 at current market prices. Arthur D. Levinson owns about 4,588,724 shares worth about $596,212,909, while former U.S. Vice President Al Gore now owns more than 460,000 shares worth more than $60. $400,000.

Other prominent figures who hold significant stakes in Apple include Luca Maestri, Apple’s Chief Financial Officer and Senior Vice President, and Andrea Jung, Apple’s Independent Non-Executive Director, with more than 100,000 shares each, as well as Jeff Williams, senior vice president of operations, who owns more than 650,000 shares.

Arthur Levinson

Arthur Levinson is an American businessman who serves as Chairman of the Board of Apple Inc. He has served on their board since 2000, making him one of Apple’s longest-serving directors. His net worth is estimated at around $1.2 billion and he owns around 0.029% of Apple shares, according to MarketScreener. In addition, he also holds various options, which would increase his stake if fully exercised.

Tim Cook

Tim Cook (Timothy Donald Cook) is currently CEO of Apple and was appointed to this position in 2011 when Steve Jobs died. He owns about 0.021% of Apple shares, with a net worth of $1.8 billion. He reportedly received those shares through various grants offered by the company throughout his tenure as CEO and executive vice president of global sales and operations before becoming CEO.

Tim Cook as Apple CEO

Tim Cook has been Apple’s CEO since 2011, when Steve Jobs retired from that role. His role is to lead all aspects of the business, including strategic planning, manufacturing processes, product design and development. Prior to becoming CEO, Cook worked at IBM for 12 years, after which he served as COO at Intelligent Electronics for six years. From there, he would later join Apple in 1998 as senior vice president, reporting to Jobs. Since taking on this role at Apple, he has won various accolades, such as numerous Fortune Businessperson rankings over the past decade, as well as Financial Times Personality of the Year in 2014.

Super Guides Pack with Lifetime Updates

Al Gore

Al Gore is an American politician who served as both Vice President and candidate for President of the United States before leaving politics behind to pursue environmental causes later in life, working with investment firms such as Kleiner Perkins Caufield & Byers (KPCB) alongside other investments through Generation Investment Management LLC (GIM).

Does Steve Jobs still own Apple shares?

Steve Jobs had no more Apple shares after selling his holdings when he left the company in 1985. He used the money from the sale of his shares to buy Pixar, which was sold to Disney in 2006 , granting Steve Jobs an 8% stake in the company. As for the documents regarding the exact amount of stock held by Jobs’ wife’s trust fund, there is conflicting data available; however, documents from 2011 (when Jobs died) indicate that 5,546,451 shares were still owned by her at that time, representing a 0.60% stake in Apple Inc. As this percentage fell below 5%, there is no disclosure requirement on this property to be reported, making it difficult to know what Steve Jobs’ widow currently owns.

Does Steve Wozniak still own Apple shares?

Steve Wozniak has repeatedly expressed his disinterest in matters of investing and money and how they could potentially “corrupt his values”. In 2014, while talking about the release of the movie “Jobs,” he said he gave away $10 million of his own stock because it was the right thing to do. Fortune magazine articles on Wozniak’s net worth seem to put it around $100 million. Still, with that figure expressed through shares that will translate to less than 5%, it will not have been made public, meaning we can’t determine if he still owns Apple stock.

Who owns the most Apple shares (institutional investors)?

Major Institutional Holders of Apple Stock - Who Owns Apple?

According to Yahoo Finance, institutional investors are estimated to own about 61% of Apple shares, while insiders hold only 0.07% collectively. According to CNN Business, individual stakeholders own about 0.35% of the company’s shares. Some prominent funds include Vanguard Group Inc., which currently owns approximately $157 billion (7.60%) of stock; Berkshire Hathaway Inc.; Management of SSgA funds; Capital Research & Management Co.; and BlackRock Fund Advisors, each representing over $500 million in stocks, although the exact stakes may change depending on market conditions at any given time.

Apple ownership history

Creation of Apple Inc.

The history of Apple ownership dates back to the founding of Apple Inc. in 1976, when Steve Jobs, Steve Wozniak and Ronald Wayne decided to start their own company. At the time, Jobs and Wozniak had already become friends through their involvement with the Homebrew Computer Club and were looking for a way to turn their passion for technology into business.

In April 1976, they founded Apple Computer Company (now Apple Inc.) in California with a $1,350 start-up capital investment from them (Jobs had to sell his Volkswagen microbus, while Wozniak sold his Hewlett- Packards). They created an initial partnership agreement that made Jobs and Wozniak equal partners with 50/50 stakes. The third partner, Ronal Wayne, was offered a 10% stake, but he quickly backed out due to fears the business might not succeed, so he sold his 10%.

Founders/Original Owners

Steve Jobs (1955-2011) and Steve Wozniak (1950-) were the original founders who pooled resources to create what is today one of the greatest companies in the world – Apple Inc. Both came from humble beginnings ; Jobs grew up alone after his adoptive parents divorced, while Wozniak was raised by Polish immigrants living near San Jose. Despite their disadvantaged backgrounds, both excelled academically, which led to them meeting at Cupertino Junior College; however, their working relationship did not begin until they ended up at HP, where Wozniak was employed and Jobs was a summer employee.

At first they had no intention of starting a business, but eventually it became clear that their skills could do something special if put together correctly, giving rise to what would later become Apple Inc. During those early days, the two were instrumental in making sure everything was running smoothly while trying tirelessly against all odds – calming investors down just one day so complex logistics could be resolved the next day, etc

Super Guides Pack with Lifetime Updates

Eventually, it paid off, resulting in more than 35 years of unquestionable success for everyone involved – especially the co-founders whose contributions are still commemorated today within Apple itself through his suggested name at Wozniak after Jobs visited an apple orchard, symbolizing the unity between the two men who left behind powerful legacies as entrepreneurs and provided valuable lessons about taking risks in the context of uncertainty that even today’s technology innovators can learn from.

Contributions to the Company

The contributions made by Steve Jobs and Steve Wozniak cannot be underestimated when discussing how far Apple has come since its founding in 1976. In addition to having great ideas about computers, such as creating off-the-shelf systems instead of kits meant only for hobbyists or engineers and only pre-assembled with specific capabilities directly related to people’s use cases, the two co-founders also did most of the manual work themselves at the during those first few days, saving considerable amounts of overhead! Through these efforts, they succeeded in securing financing either through self-investment or securing outside investment through various stages until reaching IPO status, ultimately leading the company to the crazy success that we see today.

Impact of shareholders on Apple decisions

Apple shareholders have significant influence over corporate decisions. Major shareholders can affect decision-making processes at Apple because they own large percentages of the company’s stock, which can give them the right to vote when it comes to certain issues. Thus, these major shareholders can exert their influence on important corporate events, such as executive compensation and capital expenditure decisions. The actions taken by these key stakeholders can also shape investor sentiment and play a vital role in impacting strategic business decisions made by the company.

Shareholders can also call special meetings and propose resolutions for consideration. Although Apple has traditionally taken a decentralized approach to decision-making, having multiple stakeholders with varying interests involved in major corporate events allows for different perspectives to be considered. This helps foster collaboration between investors, executives, and employees, which ultimately benefits the direction Apple is taking.

Conclusion

Apple is owned by a broad base of individual shareholders, as well as institutional investors and mutual funds. Its shares are one of the best investments in the world due to its high profile and long history of success. Since its inception in 1976, Apple has experienced phenomenal growth, and with the help of its renowned management team, it will continue to be one of the best technology companies around for years to come. However, despite its broad ownership base, it is ultimately up to Apple’s executives – Tim Cook, CEO, and Luca Maestri, CFO – to decide how Apple products are designed, marketed and maintained in the market. time.

Leave a Reply