Big companies · 12 min
How a big company is built
A company with hundreds of thousands of workers still has someone at the top. Or does it? Let's take a big company apart: who owns it, who runs it, and how it's split into pieces.
Ticket 01 · The guess
Who owns Costco?
Words to know
Sources and every number (1)
Sources
- Costco Wholesale Corporation proxy statement (Schedule 14A) for the January 2026 annual meeting · Costco Wholesale Corporation (filed with the U.S. SEC), 2025
Every number
- 9.79%
sec.gov ·2025 · Share of Costco's common stock beneficially owned by The Vanguard Group, Inc., its largest holder, in early November 2025 (the proxy statement's table, from Vanguard's Form 13F). - 7.83%
sec.gov ·2025 · Share of Costco's common stock beneficially owned by BlackRock, Inc., its second-largest holder, in early November 2025 (the proxy statement's table, from BlackRock's Form 13F). - 52,258 shares
sec.gov ·2025 · Shares of Costco beneficially owned by its CEO, Ron Vachris, on the record date in early November 2025. The proxy statement marks it as less than one percent. - 444 million shares
sec.gov ·2025 · Shares of Costco common stock outstanding on the record date in early November 2025. Each share has one vote. - 0.01%
sec.gov ·2025 · Worked out: the CEO's shares ÷ all shares outstanding, on the record date in early November 2025.