Who Owns Dropbox?
Updated onExplore the ownership hierarchy of Dropbox. See parent companies, holding structures, and ultimate controllers.
Ownership Chain
Dropbox is a cloud storage and collaboration platform that provides file syncing, sharing, backup, and productivity tools for individuals and teams.
Starts at $9.99 / per user / monthly
Dropbox appears to be independent with no known parent company.
Dropbox is a cloud storage and collaboration platform that provides file syncing, sharing, backup, and productivity tools for individuals and teams.
Starts at $9.99 / per user / monthly
Dropbox appears to be independent with no known parent company.
Major Shareholders
Dropbox
Major Shareholders
| Name | Type | Ownership | Voting | As of |
|---|---|---|---|---|
Andrew W. Houston Co‑founder and CEO of Dropbox. A Schedule 13G filed February 10, 2025 reports that he beneficially owned about 86.0M Class A–equivalent shares (approximately 28.3% of the Class A common stock) as of December 31, 2024. A separate Schedule 14C information statement dated January 28, 2025 states that Houston and affiliated Houston family trusts collectively held 8,983,394 Class A shares and 75,987,893 Class B shares, representing roughly 77.3% of the total voting power. Figures are approximate and combine his direct holdings and those of related trusts. | Founder | 28.3% | 77.3% | Jan 2025 |
The Vanguard Group, Inc. Large asset manager. A Schedule 13G filed January 30, 2025 reports beneficial ownership of 27,494,824 shares of Dropbox Class A common stock, representing about 11.89% of that class as of December 31, 2024. Actual voting power as a percentage of total votes is lower because Dropbox has high‑vote Class B shares controlled by the founder; precise voting percentage is not disclosed. | Institutional | 11.9% | — | Dec 2024 |
BlackRock, Inc. Global asset manager. A Schedule 13G (Amendment No. 5) with event date March 31, 2025 reports beneficial ownership of 21,859,416 Dropbox Class A shares, representing approximately 10.1% of that class. Voting percentage across all classes is not directly stated and is lower than economic ownership due to the founder’s super‑voting Class B shares. | Institutional | 10.1% | — | Mar 2025 |
LSV Asset Management Institutional investment adviser. A Schedule 13G filed November 7, 2025 shows beneficial ownership of 11,613,642 shares of Dropbox Class A common stock, or about 6.0% of the class as of September 30, 2025. Voting power as a percentage of total company votes is not disclosed. | Institutional | 6.0% | — | Sep 2025 |
Renaissance Technologies LLC Quantitative hedge fund. A Schedule 13G filed in August 2025 (event date April 1, 2025) reports beneficial ownership of approximately 10,099,898 shares of Dropbox Class A common stock, representing about 5.29% of that class. Voting power percentage across all voting shares is not provided. | Institutional | 5.3% | — | Apr 2025 |
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