Trillion Dollars Club! Amazon Joins Apple As $1tn Company

Amazon has briefly become the second US-listed firm to have a market value of more than $1 trillion (£779bn).Shares in the e-commerce giant rose nearly 2% to a high of $2,050.50 in morning trade before slipping back. Apple reached the same milestone in early August.Founded in 1994, Amazon is now the world’s largest online retailer. Its chief executive, Jeff Bezos, is the world’s richest man, with a net worth of more than $160bn.Photo Credit: Getty

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