Who owns the most stocks in Apple?
Contrary to common belief, Tim Cook, Apple's CEO, is not the company's largest individual shareholder. Arthur Levinson is Apple's largest individual shareholder, owning 4.43 million shares as of February 2024.
| Security | AAPL / Apple Inc. |
|---|---|
| Institution | BlackRock Inc. |
| Latest Disclosed Ownership | 1,043,713,019 shares |
| Ownership | 6.70% |
He sold much of his Apple stock upon his departure from the company. But over three decades later, he is still on the payroll at Apple, reportedly out of loyalty to the company. Wozniak's paycheck nets out to about $50 per week, he told Guy Kawasaki in a podcast interview released in February 2020.
According to Apple's latest financial reports and stock price the company's current number of shares outstanding is 15,509,763,000. At the end of 2023 the company had 15,509,763,000 shares outstanding. The number of outstanding shares is usually impacted by stock plits and shares buy back.
Shares of Apple rose 1.7% on Wednesday to $197.96, the highest close for the stock ever. Apple's stock last hit a record high in July, when it closed at $196.45. Shares of Apple are up 52% this year, on pace for its best year since 2020, when they gained 81%.
Arthur D.
Arthur Levinson is Apple's largest individual shareholder, owning 4.43 million shares as of February 2024. His stake accounts for only 0.028% of Apple's total outstanding stock. Levinson chairs Apple's board and is also the co-founder and CEO of Calico, an Alphabet Inc. subsidiary.
Largest shareholders include Vanguard Group Inc, BlackRock Inc., Berkshire Hathaway Inc, State Street Corp, VTSMX - Vanguard Total Stock Market Index Fund Investor Shares, VFINX - Vanguard 500 Index Fund Investor Shares, Geode Capital Management, Llc, Fmr Llc, Morgan Stanley, and Price T Rowe Associates Inc /md/ .
But he is now estimated to be worth around $140 million. In comparison, Steve Jobs, another co-founder of Apple, had a fortune of $10.2 billion when he died in 2011. Mr Wozniak was known for not caring about money from the beginning. In 1980, he gave away $10 million of his own stock to early Apple employees.
Only two people received inheritance after Steve Jobs' death, his wife Laurene and Lisa Brennan. Brennan was his first daughter, the fruit of a previous relationship, but she did not recognize him as her father until after many years.
Wozniak's net worth is estimated to be $140 million; he sold of majority of his Apple shares which could have propelled him into a billionaire had he not sold.
What company is worth the most?
The most expensive stock listed on U.S. exchanges is Berkshire Hathaway. At the time of this writing, Berkshire Hathaway stock was trading at $623,000 a share. But that price point is for its Class A stock (BRK. A).
Apple has 21.12% upside potential, based on the analysts' average price target. Is AAPL a Buy, Sell or Hold? Apple has a conensus rating of Moderate Buy which is based on 16 buy ratings, 11 hold ratings and 2 sell ratings.
Those gains translate to a 36.6% compound annual growth rate for Apple compared to a 7.4% CAGR for the S&P 500 in that time. That means that $10,000 in AAPL stock purchased 20 years ago would be worth about $5.08 million today, assuming reinvested dividends.
Apple debuted on the public markets in 1980. If you invested $1,000 in the company, then your investment would now be worth nearly $1.5 million.
Berkshire Hathaway, the conglomerate led by Warren Buffett, reduced its holdings in Apple by approximately 1% during the final quarter of 2023, according to recent Securities and Exchange Commission (SEC) filings.
Armas Clifford "Mike" Markkula Jr., born on February 11, 1942, is an American electrical engineer, businessman, and investor and best known as the original angel investor, first chairman, and second CEO of Apple Computer, Inc., providing critical early funding and managerial support¹.
Tech giant Apple went public 36 years ago on December 12, 1980, and the IPO created nearly 300 millionaires. The instant millionaires included 40 of the company's early employees and investors, including Co-founder Steve Jobs, who made $217 million alone as the single largest shareholder.
Shazam. Founded as Shazam Entertainment Limited in 1999, Shazam is the company behind the namesake music identifier app. Apple completed its purchase of Shazam in 2018 for an estimated $400 million, with the goal of integrating the technology into iPhones and other smart devices.
Jeffrey Bezos owns the most shares of Amazon (AMZN). The ownership structure can impact the company's decision making, as large institutional investors may exert influence on the company's management and can also affect the company's stock price with their buying and selling patterns.
Who owns BlackRock?
BlackRock is publicly owned, with its shares held by various shareholders, including institutional investors like Vanguard Group and State Street Corporation and individual shareholders.
Apple Inc. (formerly Apple Computer, Inc.) is an American multinational corporation and technology company headquartered in Cupertino, California, in Silicon Valley. It designs, develops, and sells consumer electronics, computer software, and online services.
Steve Wozniak is reported to have an IQ of 200, though this has not been officially verified. An IQ of 200 would put him in the top 0.003% of the population. An IQ of 132 or higher is required to qualify for Mensa membership. So if Wozniak's reported IQ is accurate, he would exceed the qualifying score.
A lack of respect for the Apple II leads to Steve Wozniak's departure from the company he founded. February 6, 1985: Frustrated by Apple's shifting priorities, co-founder Steve Wozniak leaves the company to pursue outside interests.
From the Readwrite article: As the CEO of Apple since 2011, Tim Cook oversees the world's most valuable company. While much of his wealth comes from his Apple salary and stock grants, his estimated net worth is around $1.9 billion.
