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Who owns PayPal

PayPal is owned by its shareholders as a publicly traded company, and no single person or entity holds a controlling stake in it.

Most PayPal shares are held by institutional investors, particularly large asset management firms.

  • The Vanguard Group: The largest single shareholder in PayPal, with roughly 8.5% to 9.7% of the company.
  • BlackRock: Holds about 6.5% to 7.2% of PayPal shares.
  • State Street Corporation: Owns around 4% of PayPal.

A short PayPal overview helps explain how this ownership came about:

  • Founding: The business started in 1998 as Confinity, founded by Peter Thiel, Max Levchin and Luke Nosek, and later merged with Elon Musk's X.com.
  • eBay ownership: eBay owned PayPal as a wholly owned subsidiary from 2002 until 2015, when it spun PayPal off as an independent public company.
  • Stock listing: PayPal Holdings, Inc. trades on the NASDAQ under the ticker symbol PYPL.
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