Financial, Global, Global Investment, News, The Rich

Amazon.com Inc Crossed US$500 Billion in Market Value

Amazon.com Inc Crossed US$500 Billion in Market Value

On 26th July 2017, Amazon.com Inc crossed US$500 billion in market value for the first time.  Since 2009, the E-commerce tech giant stock had returned ten-folds or 1,000%.

” Amazon.com Inc crossed US$500 billion in market value for the first time “

A $100,000 investment in Amazon.com Inc in 2009 will be valued at more than $1 Million today.  The company is an e-commerce and cloud computing company that was founded on July 5, 1994 by Jeff Bezos.  Amazon went public on May 15, 1997, and the IPO price was $18.00.

 

Watch: 12 Surprising Facts About Amazon.com

 

Watch: Inside Amazon: Secrets of an Online Mega-Giant

 

About Amazon:

Founder and CEO Jeff Bezos opened the virtual doors of Amazon’s online store in July 1995. The company was incorporated in 1994 in the state of Washington and reincorporated in 1996 in Delaware. The Company’s principal corporate offices are located in Seattle, Washington. Amazon completed its initial public offering in May 1997, and its common stock is listed on the Nasdaq Global Select Market under the symbol AMZN.

 


The Wealth Insider is the world’s leading wealth intelligence for global wealth managers, investments managers, asset managers, high net-worth service providers and wealthy individuals.  Our global workforce seamlessly present the inside news of the most relevant news, insights, global wealth trends, innovation & digital transformation to our global audience.

Get The Wealth Insider Daily

  • For Press Release,  please contact press@thewealthinsider.com
  • For Media-related enquiries, please contact media@thewealthinsider.com
  • For Advertisement, please contact our official ad agency
Previous ArticleNext Article