you are viewing a single comment's thread
view the rest of the comments
[–] 5 points 2 months ago (6 children)

He’s the executive chairman and largest shareholder.

Amazon still does what he wants. He just doesn’t have to deal with day to day.

  • source
  • parent
  • hideshow 6 child comments
  • [+] -1 points 2 months ago* (last edited 2 months ago) (5 children)
  • [–] 1 point 2 months ago (1 child)

    Wait who holds 31-192 billion shares? Do you perhaps mean they hold 31-192 billion dollars IN shares? Amazon has 10.8 billion outstanding shares. Bozo's at ~8% with his ~880 million. Vanguard comes in second with 630 mill and BlackRock third with 450 mill, both of those are mostly just Americans' 401ks.

    Both Vanguard and BlackRock are mostly passive unless something gets really fucked up. They'll side with Bozo by default as long as they think that won't cost their funds billions of dollars in lost growth.

  • source
  • parent
  • hideshow 1 child comment
  • load more comments (1 reply)