Amazon is a C corporation that is listed on the stock exchange. Accordingly, Amazon is a distinct legal company from its owners and shareholders and is in charge of paying its own bills and taxes. Due to its status as a C corporation, Amazon is subject to double taxation, in which the shareholders and the company are both taxed on dividend income. C corporations can, however, issue a variety of stock classes and offer greater ownership options.
The Washington Post and Blue Origin are two other companies owned by Amazon’s founder, Jeff Bezos. Blue Origin is a space exploration corporation, whereas The Washington Post is a newspaper and digital media outlet. These companies are owned by Bezos himself through his investment firm, Bezos Expeditions.
With a market valuation of more than $1 trillion, Amazon is one of the largest corporations in the world right now. It is not, however, the largest corporation in the world. The largest corporation in the world as of 2021 is Apple, which has a market valuation of more than $2 trillion.
In contrast, eBay is not an LLC. Similar to Amazon, eBay is a publicly traded business that is incorporated as a C corporation. eBay, on the other hand, functions as an online market place where people and companies can buy and sell goods and services.
Although LLCs have several advantages, like restricted liability and pass-through taxation, there are some drawbacks to take into account. An LLC might be more expensive to establish and operate than a sole proprietorship or partnership, which is one of its main drawbacks. Additionally, because they are unable to issue stock like a C corporation may, LLCs may have fewer choices for raising capital. Finally, due to their lack of flexibility and development potential, C companies may be more difficult for LLCs to raise capital from.
In conclusion, Jeff Bezos owns other firms through his personal investment company, and Amazon is a C corporation and one of the largest companies in the world. eBay is an internet marketplace but is also a publicly traded C corporation. Although LLCs have many advantages, there are a few drawbacks to take into account.