Netflix is a publicly traded company, meaning it is owned by its shareholders. There is no single family that owns Netflix.
Here's how it works:
- Shares: Netflix stock is traded on the NASDAQ stock exchange under the ticker symbol NFLX.
- Shareholders: Anyone can buy shares of Netflix stock, becoming a shareholder and owning a small part of the company.
- Ownership: The ownership of Netflix is spread across thousands of individual investors, institutional investors (like mutual funds and pension funds), and even employees who hold stock options.
The largest shareholders of Netflix as of August 2023:
- The Vanguard Group: Owns approximately 8.5% of Netflix's shares.
- BlackRock: Owns approximately 6.4% of Netflix's shares.
- Capital Research & Management Co: Owns approximately 4.5% of Netflix's shares.
- State Street Corp: Owns approximately 3.7% of Netflix's shares.
While no single family owns Netflix, these institutional investors and individual shareholders collectively own the company.
