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Who own the company if its a PLC?

I don't understand; say someone builds a business up from scratch, and then lists it as a PLC, then do the shareholders now own it? Who does all the profits go to? Say for example, microsoft became a (not sure the american equivalent of) PLC, would bill gates no longer be earning billions, as the shareholders would own the company. Please explain. I no people become a PLC to raise extra finance, but what's the point if you don't earn the money, but the shareholders do instead.

Public Comments

1. A PLC is owened by shareholders, and the profits are shared depending on the amount of shares and the types of shares a shareholder owns. the ones that make the decisions in the plc are normally the ones that have the biggest slice of the shares. as for the raising of extra finance, it is a way to add to the capital of the company which means extra investment, leads to extra profits. and of-course, the slice gets bigger.