Who Owns Starbucks Corporation and Its Major Stakeholders

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Starbucks Corporation is a publicly traded company, which means that it is owned by its shareholders. The largest shareholders of Starbucks Corporation include institutional investors such as The Vanguard Group, Inc., BlackRock, Inc., and State Street Corporation.

Howard Schultz, the former CEO and Chairman of Starbucks, holds a significant amount of shares in the company. He has been instrumental in shaping the company's vision and strategy, and his leadership has been a key factor in Starbucks' success.

Starbucks Corporation is listed on the NASDAQ stock exchange under the ticker symbol SBUX, making it easily accessible to individual investors. This allows anyone to buy and sell shares of the company, giving them a stake in its ownership.

The largest institutional shareholders of Starbucks Corporation hold a significant portion of the company's outstanding shares, with The Vanguard Group, Inc. holding approximately 7.6% of the company's shares.

Additional reading: Who Owns Ubiquiti Inc

Ownership Structure

Starbucks was founded in 1971 by three entrepreneurs: Jerry Baldwin, Zev Siegl, and Gordon Bowker. The company's ownership structure has undergone significant changes since its inception.

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The first operating year of Starbucks saw the company source its coffee beans from Peet's Coffee & Tea, but later began sourcing directly from farmers. In 1987, Starbucks expanded its product range to include coffee and other related beverages.

Starbucks went public in 1992 with an IPO, listing 2.1 million outstanding shares. The company now has 1.1 billion outstanding shares, priced at $91.56 per share.

The ownership of Starbucks is distributed among various shareholders, with a significant portion held by institutional investors. These firms manage large sums of money on behalf of their clients and often hold substantial stakes in publicly traded companies.

Here's a breakdown of Starbucks' ownership structure:

As of December 2022, the largest shareholders of Starbucks are Vanguard, BlackRock, and Howard Schultz. Vanguard holds 9.2% of all votes, followed by BlackRock with 6.6% voting power. Howard Schultz still has some influence with 1.9% of all votes.

Discover more: Howard Schultz

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The ownership of Starbucks Corporation is quite dispersed, and the main shareholders are asset managers investing money on behalf of their clients. None of them control the company individually, but together they have a large influence.

Here's a breakdown of Starbucks' market value by shareholder:

Major Shareholders

Starbucks Corporation has several major shareholders, and one of the largest is The Vanguard Group, holding 9.19% of Starbucks shares, worth about $10.78 billion.

The Vanguard Group is a registered investment advisor in Malvern, Pennsylvania, with approximately $7 trillion in global assets under its management as of January 13, 2021.

BlackRock is another major shareholder of Starbucks, owning 6.6% of its shares, worth $7.5 billion as of December 2022.

BlackRock is the world's largest asset manager, with assets under management of $10 trillion, and it provides other asset managers and corporations with its Aladdin portfolio management software.

Here's a breakdown of the top two major shareholders of Starbucks:

BlackRock's influence over public companies, including Starbucks, has raised concerns about the power of large asset managers over public companies.

For more insights, see: Who Owns Rocket Companies

Key People and Shareholders

Credit: youtube.com, Starbucks 2012 Shareholders meeting

Starbucks Corporation has a diverse group of shareholders, including institutional investors and individual owners. The largest institutional shareholder is The Vanguard Group, holding 9.19% of Starbucks shares, worth about $10.78 billion.

The Vanguard Group is a registered investment advisor in Malvern, Pennsylvania, with approximately $7 trillion in global assets under its management as of January 13, 2021. It's currently the largest provider of mutual funds worldwide.

Howard Schultz, a well-known American billionaire, is the largest individual shareholder of Starbucks, owning 1.9% of its shares. The market value of his stake in Starbucks was $2.2 billion as of December 2022.

He owned 22 million shares in Starbucks and controlled 22 million shareholder votes as of December 2022. Currently, he serves as an interim CEO of Starbucks but plans to leave in April 2023.

Here are the top three largest institutional Starbucks shareholders:

Shareholder Information

Starbucks Corporation has a diverse group of shareholders, with various types of investors holding significant stakes in the company.

Credit: youtube.com, Top 10 Starbucks (SBUX) Shareholders

The Vanguard Group is the largest shareholder of Starbucks, holding approximately 9.2% of the company's outstanding shares, worth around $10.78 billion as of January 2021.

Institutional investors, such as mutual funds, pension funds, and hedge funds, collectively own around 70% of Starbucks' outstanding shares. These firms manage large sums of money on behalf of their clients and often hold substantial stakes in publicly traded companies.

Individual investors own around 25% of Starbucks' outstanding shares, with individual people directly holding shares in the company. Insider ownership, including shares held by executives and board members, accounts for around 5% of the company's outstanding shares.

Here's a breakdown of the ownership of Starbucks Corporation as of December 2022:

These shareholders, including Vanguard, BlackRock, and Howard Schultz, hold a significant portion of Starbucks' outstanding shares.

Corporation Information

Starbucks Corporation is a publicly traded company, meaning its ownership is distributed among a wide array of shareholders.

Institutional investors, such as pension funds and hedge funds, hold a significant portion of Starbucks' shares.

Mutual funds and individual investors also own a substantial amount of Starbucks' stock, making it a company with diverse ownership.

As a result, there isn't a single individual or entity with complete control over the company.

Key Takeaways

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Starbucks Corporation has a massive presence with over 38,000 branches worldwide.

The company's market capitalization can be calculated by multiplying its outstanding shares by the share price, which is 1,132,800,000 shares priced at $91.56 per share.

In 1992, Starbucks went public with its IPO, listing its shares between $14.00 and $16.00.

The largest shareholders of Starbucks are institutional investment companies and asset management firms.

Insiders and former employees with high-ranking positions are also among the biggest individual shareholders of the company.

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Ruben Quitzon

Lead Assigning Editor

Ruben Quitzon is a seasoned assigning editor with a keen eye for detail and a passion for storytelling. With a background in finance and journalism, Ruben has honed his expertise in covering complex topics with clarity and precision. Throughout his career, Ruben has assigned and edited articles on a wide range of topics, including the banking sectors of Belgium, Luxembourg, and the Netherlands.

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