Amazon is probably one of the biggest companies in the world out there, right? At some point in your life, you may have used their services, or maybe you use their shopping platform every once in a while. Well, if that’s the case then at some point while shopping on Amazon.com, the thought of how Amazon actually started might have popped into your head. Correct? If that has happened to you, then you are not alone because hundreds of thousands of people who use Amazon on a daily basis wonder that sometimes. To clear things up about this company’s past as well as its current status, we are here with quick pieces to let you know about Amazon company’s net worth, a little bit of history, its current CEO, and a lot more other interesting things. So yup, let’s get to it then.
|Amazon Origin Country||United States|
|Amazon CEO||Andy Jassy|
|Amazon Net Worth||$1233.69 billion (as of October 2023)|
|Industry||E-commerce, cloud computing, online advertising, digital streaming, and artificial intelligence|
The Amazon Story
Can you believe that way back in 1994, a determined guy named Jeff Bezos started Amazon as an online book-selling platform? Yup, it began just as an online spot to buy books. But as you might have noticed, they didn’t just stick to that. Year after year, Amazon kept adding new stuff to its plate. They tried new things, jumped into different fields, and gave us tons of cool services. Now, while Jeff was the brain behind the birth of Amazon, there’s another big name you should know about. We are talking about Andy Jassy, the current big boss or, as they say, the CEO of Amazon. Together, with Jeff’s foundation and Andy at the helm now, Amazon has seen some pretty amazing days. They’ve faced challenges, of course, but boy, did they handle them well! As of now, this duo is doing incredibly well, and they are tirelessly working towards making and keeping Amazon great.
Amazon Net Worth
Can you believe how far Amazon has come? Their financial game has been nothing short of jaw-dropping. By the end of October 2023, Amazon was sitting pretty with a whopping $$1233.69 billion to its name. Yeah, that’s a billion with a ‘B’! Now, they didn’t just stumble upon this figure overnight. People working at Amazon day in and day out, really had to put everything together to make it one of the biggest companies in the world. But remember when everyone was losing their minds over companies hitting that crazy $1 trillion value? Yep, Amazon was right there in the mix. They got into the trillionaire club back in 2018. Zoom ahead to October 2023, and they’re still flexing with a market cap of $1.32 trillion. Now, if we dive deep into the digits, just last year they brought in $513.98 billion. And get this, that’s a solid 9% jump from what they made the year before. Now, that is something truly amazing, and no one can’t deny that.