No, they're voting shares... He owns the majority of voting shares, but they aren't worth the majority of the value of company, and therefore he doesn't "own the majority of the company".
I think the shares people buy without voting rights are not ownership, they are a weird financial instrument that should flat out be illegal. If you honestly think he doesn't own the company, despite having full uncontestable control of all it's resources, I believe you're one of the many to have been duped, friend.
