Are Starbucks and Chipotle owned by the same company (who owns Starbucks + More Information)?
If you often get your drinks and food from stores, you have probably been to Starbucks and Chipotle, but are Starbucks and Chipotle owned by the same company? Read on to find out more!
No. Starbucks and Chipotle are not owned by the same company. Some people assume that these two are owned by the same company due to how popular they have become. I used to think the same thing, until I started researching more on both Starbucks and chipotle when I was looking for a job. After my research, I created this post to inform you of who owns Starbucks and Chipotle. By the end of it, you will find out the top shareholders of both companies.
Table of Contents
Who owns Starbucks?
Starbucks is a multinational chain of coffeehouses owned by Howard Schultz. He serves as the Interim CEO of Starbucks and is one of the biggest shareholders of Starbucks. Howard managed to build Starbucks into one of the most respected companies in the world. From the start, Howard was committed to building a unique company.
He stepped down as the CEO in 2000 after opening Starbucks stores in Europe but later returned to Starbucks in 2008. Starbucks has around 33,000 stores across the globe. Apart from Howard Schultz, the other top shareholders of Starbucks include Vanguard Inc, Blackrock Inc, State Street Corp, and Magellan Asset Management Ltd.
Who owns chipotle?
The top shareholders of chipotle include Steve Ells and Montgomery Moran. Steve Ells founded Chipotle over two decades with a loan from his father. Steve owns 119,104 shares of Chipotle. Montgomery Moran served as the co-chief executive of this public limited company and owns 154,755 shares of Chipotle.
Since its launch, Chipotle has grown to become among the largest restaurant companies. Today, it has over 2,200 locations in 5 countries. In 1998, McDonald’s made an investment in the company, and by 2001, it had grown to be one of Chipotle largest investors. You can get some of the most delicious meals from this restaurant.
Final thoughts
From the above, you can tell that Starbucks and Chipotle are not owned by the same company. Apart from ownership, Starbucks specializes in coffee, tea, and breakfast items, while Chipotle specializes in tacos and Mexican-style cuisine.
FAQ section
Is Starbucks a privately owned company?
Yes. Starbucks is a privately owned US Company.
Does Starbucks own Chipotle shares?
No. Starbucks does not own Chipotle shares.