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Uber Technologies Inc. (UBER) is best known for its rideshare service. The Uber app matches consumers looking for ride services with available drivers. The company was founded in 2009 and reached one billion rides by 2015. It went public in an initial public offering (IPO) four years later, in May 2019.
The global COVID-19 pandemic caused a drastic decline in Uber’s traditional ride service and its revenue. Uber diversified its revenue stream since that time by launching a food order and delivery business, Uber Eats, as well as a freight shipping service, Uber Freight. These other offerings match consumers with providers like the initial ride-hailing service.
Uber has also faced other headwinds. In April 2025, the U.S. Federal Trade Commission (FTC) sued Uber, alleging “deceptive billing and cancellation practices” related to the company’s Uber One subscription service.
The top Uber individual insider shareholders are Turqi Alnowaiser, Dara Khosrowshahi, and Nikki Krishnamurthy, and the top Uber institutional shareholders are the Vanguard Group, BlackRock Inc., and Capital Research Global Investors.
Uber had trailing 12-month (TTM) revenue of $47.33 billion and TTM net income of $12.63 billion as of June 30, 2025, with a market capitalization of $180.73 billion.
Here’s a more detailed look at Uber’s biggest individual insider and institutional shareholders.
Key Takeaways
- Uber Technologies has been providing rideshare services since 2009, but it suffered a setback during the COVID-19 pandemic.
- The company’s market cap was in excess of $180 billion as of mid-2025.
- Turqi Alnowaiser was Uber’s top individual insider shareholder as of April 2025, with 72,843,048 shares.
- The Vanguard Group was Uber’s top institutional shareholder as of April 2025, with 186.53 million shares.
Top 3 Individual Insider Shareholders
Turqi Alnowaiser
Turqi Alnowaiser owned 72,843,048 shares of Uber as of March 31, 2025.
Alnowaiser serves as a member of the Uber board of directors and is a figure in the Saudi Arabian investment landscape. He’s deputy governor and head of the International Investments Division at Saudi Arabia’s Public Investment Fund (PIF), which owns 3.5% of Uber, its largest single holding by market value in its U.S. portfolio.
Alnowaiser is also chairman of the board of directors at electric vehicle maker Lucid Motors.
Dara Khosrowshahi
Dara Khosrowshahi owned 2,286,562 shares of Uber as of March 31, 2025.
Khosrowshahi was appointed CEO of Uber in 2017, replacing Uber’s controversial founder and CEO, Travis Kalanick. Khosrowshahi manages the company’s 31,100 employees. Prior to Uber, he was CEO of Expedia, where he helped grow the company into one of the world’s largest online travel firms.
Khosrowshahi previously served as chief financial officer of IAC Travel and vice president of Allen & Company, an investment banker. He is also on the boards of Expedia and Catalyst.org.
Important
“Insider” refers to people in senior management positions and members of the board of directors, as well as people or entities that own more than 10% of the company’s stock. The term has nothing to do with insider trading in this context.
Nikki Krishnamurthy
Nikki Krishnamurthy owned 671,919 shares of Uber as of March 31, 2025.
Krishnamurthy is senior vice president and chief people officer at Uber. She previously served Expedia as its chief people officer, vice president, and general manager of Expedia Local Expert.
Top 3 Institutional Shareholders
Institutional investors hold the majority of Uber shares, at 84.03% of total shares as of March 31, 2025.
Vanguard Group Inc.
Vanguard Group owned 186.53 million shares of Uber as of March 31, 2025.
Vanguard came into being in 1975. It offered 445 mutual funds and exchange-traded funds (ETFs) as of June 2025, of which 219 were in the United States. Vanguard serves more than 50 million investors worldwide. It’s investor-owned. Its shareholders technically own the investment company.
BlackRock Inc.
BlackRock Inc. owned 152.82 million shares of Uber as of March 31, 2025.
Like Vanguard, Blackrock is a mutual fund and ETF management company. It had a trailing 12-month (TTM) revenue of $21,573,000 as of August 2025 and boasted more than $138.6 million in total assets at the close of 2024.
Capital Research Global Investors
Capital Research Global Investors owned 120.03 million shares of Uber as of March 31, 2025.
Capital Research Global Investors is one of three equity investment divisions of Capital Research and Management Company. It division specializes in global equity investments and has over $459 billion in assets under management (AUM), according to recent filings.
How Was the Driver Class Action Lawsuit Against Uber Resolved?
California drivers dropped their case against Uber and Lyft in March 2024 after a San Francisco Superior Court judge ruled in 2023 that they would have to individually arbitrate their claims. They would not be permitted to proceed with the lawsuit as a group.
Is It True That Dara Khosrowshahi Worked as an Uber Driver?
The Wall Street Journal published a profile of Uber CEO Dara Khosrowshahi in April 2023 in which Khosrowshahi indicated that he did indeed drive and deliver for Uber at one point after being appointed as CEO. He said he found “significant flaws” in the Uber process and set about fixing them.
Who Are Other Major Individual Insider and Institutional Uber Shareholders?
Other major individual insider Uber shareholders include Tony West (senior vice president, chief legal officer, and corporate secretary at Uber) and Ronald Sugar (chairman of the board at Uber). Other major institutional Uber shareholders include State Street and Morgan Stanley.
The Bottom Line
Uber has seen its share of ups and downs over the years. Its second-quarter 2025 revenue exceeded analysts’ estimates, and it announced a $20 billion stock buyback. The rideshare giant will likely be around for quite a while to come.
