Apple has just become the first company to be valued at $1 trillion, which is triumphant or depressing depending on how you look at it.
The company was founded by Steve Jobs, Steve Wozniak, and Ronald Wayne in April 1976, and went public in 1980.
They’ve come a long way since that first Apple 1 computer, and are now the biggest information technology company in the world.
But who owns Apple now, and have they been there since the start?
As it’s a public company, it is owned by its shareholders.
The largest shareholder is Arthur Levinson, who holds 1.16 million shares in the company. He is also chairman of the board at Apple, and CEO of research and development company Calico.
As of December 2017, Tim Cook is second with 901,474 shares. Cook has been CEO of Apple since 2011 following on from Steve Jobs, and prior to that was COO of the business.
Craig Federighi, a senior vice president of software engineering (who works on development of Apple’s operating systems) owns 460,367 shares.
After that is current COO Jeff Williams and Apple’s Senior Vice President of Legal and Global Security and General Counsel Bruce Sewell.
Institutional shareholders including The Vanguard Group and Blackrock own 15.93% of the company’s outstanding shares.
Those who invested early will have made plenty of money,, with commentators saying that an investment of $990 back in 1980 would have grown to $521,740 today – not including dividends. (Metro UK)
