The rise of tech giants has been a defining feature of the 21st century, and Amazon is at the top of all. From low beginnings as an online bookstore to becoming an e-commerce company, Amazon's rapid rise has enriched many of its shareholders.

As 2023 approaches, the question is who is the wealthiest and top Amazon shareholder? With the continued growth of the company and its massive market capitalization, the competition for the top spot is expected to be fierce.

In this article, you will look at the current leading contenders and chart the progress of these wealthy Amazon shareholders. You will also examine the strategies they have implemented to achieve their financial success. So, let's dive in and see who is the leading shareholder of Amazon.

Amazon’s Acceleration and Its Impact on Shareholders

The rise of Amazon has been nothing short of remarkable. Founded by Jeff Bezos in 1994, the company has grown from a small online bookstore to a global e-commerce giant. Today, its market capitalization also stands at an astonishing $1.71 trillion. For this, Amazon is known as one of the top treasurable and profit-making companies.

As Amazon's stock continues to climb, its shareholders have been reaping the rewards. Thanks to the company's incredible growth, and the resulting dividend payments, many shareholders have become millionaires or even billionaires.

The success of Amazon has also influenced the expansive market. In the past few years, the stock has become a trailblazer for tech stocks, with its performance often determining the direction of the Nasdaq. This has made Amazon a popular pick for investors, as its stock has often proven a safe harbor in market volatility.

Who Are The Richest And Top Amazon Shareholders of 2023?

So, who are the top Amazon shareholders of 2023? Although it is hard to come by the exact numbers, a few key players stand out. Here's a look at the current leading contenders with whom Amazon shares ownership:

Jeff Bezos

The founder and CEO of Amazon, Jeff Bezos, is the company's largest shareholder, with a 16.3% stake in the company's shares.

MacKenzie Scott

Jeff Bezos' ex-wife, MacKenzie Scott, is the second largest shareholder, with a 4.2% stake in the company.

Vanguard Group, Inc.

Vanguard Group, Inc. is the third largest shareholder, a mutual fund giant with a 3.5% stake.

BlackRock, Inc.

The fourth largest shareholder is BlackRock, Inc., a global investment management firm with a 3.2% stake.

State Street Corp.

The fifth-largest shareholder is State Street Corp., a financial services company with a 2.4% stake.

Jeff Bezos: The Richest Amazon Shareholder

It is no surprise that Jeff Bezos is the top Amazon shareholder. After all, he was the one who founded the company and turned it into the e-commerce behemoth it is today. As of 2023, Bezos holds a 16.3% stake in the company, making him the largest shareholder. Most of Bezos' wealth comes from his stock holdings, estimated to be worth more than $190 billion.

Bezos' wealth has also been growing at a rapid pace. Amazon's stock has skyrocketed in the last few years, and Bezos has been cashing in on the gains. He has also been strategically selling off some of his shares to diversify his investments and avoid paying too much in taxes.

MacKenzie Scott: Amazon's Second Largest Shareholder

MacKenzie Scott, Jeff Bezos' ex-wife, is the second largest shareholder of Amazon. After her divorce from Bezos, Scott received a 4.2% stake in the company, estimated to be worth more than $50 billion.

Like Bezos, Scott has been cashing in on Amazon's booming stock price. She has also been diversifying her investments by selling off some of her shares. She has been careful to avoid conflict of interest by only selling shares she does not own directly.

Overview of the Other Major Shareholders

The other major shareholders of Amazon are Vanguard Group, Inc., BlackRock, Inc., and State Street Corp. Vanguard Group, Inc. holds a 3.5% stake in the company, worth more than $45 billion. BlackRock, Inc. has a 3.2% stake worth over $41 billion. And State Street Corp. holds a 2.4% stake, worth over $32 billion.

These shareholders have also been cashing in on Amazon's stock price appreciation. However, they have been more conservative, opting to hold onto their shares rather than sell them.

Strategies Used to Achieve Financial Success

The success of Amazon's shareholders is largely due to their savvy investment strategies. Jeff Bezos, MacKenzie Scott, and the other major shareholders have all employed various strategies to maximize their returns.

Diversification is the strategy that is commonly used. By investing in a variety of assets, such as stocks, bonds, and funds, these shareholders have been able to spread their risk and achieve greater returns.

Another key strategy has been to take a long-term view. By holding onto their shares for an extended period of time, these shareholders have been able to capitalize on the growth of Amazon's stock price.

How to Invest in Amazon Shares

If you are looking to invest in Amazon shares, you should keep a few things in mind. First, you must perform your research and then make sure that you understand the company and its business model.

Secondly, it is important to diversify your investments. As the wealthiest Amazon shareholders have shown, diversification is key to maximizing returns.

Finally, taking a long-term view is also essential. By holding onto your shares for an extended period, you can capitalize on the growth of Amazon's stock price.

The Outlook for Amazon's Shareholders

The outlook for Amazon's shareholders is bright. With the company's meteoric rise and its massive market capitalization, it is clear that it will continue to be a major force in the tech industry for years to come. This means that its shareholders will continue to reap the rewards.

In the near term, when the company expands, the stocks are also expected to climb into new markets and innovate. In the long run, there are no guarantees, but if history is any indication, Amazon's shareholders will continue to be rewarded for their investments.

Conclusion

The competition for the top spot of Amazon's wealthiest shareholder is fierce. Jeff Bezos and MacKenzie Scott currently lead the pack, but there are a few other major shareholders with whom Amazon shares ownership and are straight after.

By looking at their strategies to achieve financial success, investors can gain valuable insights into how to invest in Amazon shares. With the company's continued growth and massive market capitalization, the competition for the top spot is fierce. Only time will tell who will be able to stay ahead of the list of top Amazon shareholders in 2023 and shortly.