A worldwide technology business based in the United States, Amazon.com, Inc. is heavily invested in digital streaming, cloud computing, online advertising, and artificial intelligence. One of the most valuable brands in the world, it has been called “one of the most influential economic and cultural forces in the world.” Along with Alphabet, Apple, Microsoft, and Meta, it is one of the Big Five American technological firms. Amazon net worth is $1200 Billion.
It started out as an online bookstore but has since evolved into many different product categories, earning the nickname “The Everything Store.” It has numerous subsidiaries, including Kuiper Systems (satellite Internet), Amazon Lab126, Zoox (autonomous vehicles), and Amazon Web Services (cloud computing) (computer hardware R&D). The company also has subsidiaries for Ring, Twitch, IMDb, and Whole Foods. With the $13.4 billion purchase of Whole Foods in August 2017, it significantly expanded its physical retail reach.
Amazon net worth is $1200 Billion.
Amazon History
Jeff Bezos launched Amazon in July 1994. Because Microsoft was located nearby, he chose the Seattle location for its wealth of technical expertise.
In May 1997, Amazon went public. In 1998, it started selling music and films. In 2003, it acquired German and British online book retailers to launch its worldwide business. The following year, it started selling software, games, toys, consumer goods, home improvement products, music, and video games.
It introduced Amazon Web Services (AWS) in 2002, with the intended goal of giving web developers access to APIs so they could build web apps on top of Amazon’s e-commerce platform. The Alexa Web Information Service’s website popularity statistics and web crawler data were added to AWS in 2004.
| Name | Amazon.com, Inc. |
| Formerly | Cadabra, Inc. (1994–1995) |
| Industry | E-commerce |
| Founded | July 5, 1994; 28 years agoBellevue, Washington, U.S. |
| Founder | Jeff Bezos |
| Headquarters | Seattle, Washington and Arlington, Virginia, U.S. |
| Employees | 1.5 Million |
| CEO | Andy Jassy |
| Revenue | $469.822 billion (2021) |
| Last Updated | October 2022 |
Amazon net worth is $1200 Billion.
Amazon Net Worth
Amazon is one of the biggest and largest companies in the world. Amazon net worth is $1200 Billion (1.2 Trillion) in 2022. The company has banked on several opportunities over the years and has captured a sizable market share where it enjoys customer loyalty and support. Even though there are many competitors in the market, Amazon stands tall in the world of E-commerce and logistics.
With more than 1.5m employees and several sectors within the company, the growth potential keeps getting higher. Amazon has assets worth $420.5 billion in 2021, making it one of the most wealthy companies in the world. With a net income of more than $33 billion, Amazon is easily ahead of its competition in many markets and industries.
Jeff Bezos, the founder of the company is also the largest shareholder with a 9.8% hold on the company. He also works as the executive chairman, assisting the CEO Andy Jassy.
Amazon Net Worth Growth
| Amazon Net Worth 2022 | $1200 Billion |
| Amazon Net Worth 2021 | $1300 Billion |
| Amazon Net Worth 2020 | $1000 Billion |
| Amazon Net Worth 2019 | $900 Billion |
| Amazon Net Worth 2018 | $800 Billion |
Amazon Products
Amazon net worth is $1200 Billion.
E-commerce
Amazon.com – Among the many product categories sold on Amazon.com are media (books, movies, music, and software), apparel, baby products, consumer electronics, gourmet food, groceries, health and personal care products, industrial & scientific supplies, kitchenware, jewelry, watches, lawn and garden items, musical instruments, sporting goods, tools, automobile items, toys and games, farm supplies, and consulting services.
Merchant partnerships – In 2000, Toys “R” Us and Amazon agreed to a ten-year deal for $50 million year plus a percentage of sales, as part of which Toys “R” Us would be the service’s sole supplier of toys and baby products and its website would refer users to Amazon’s Toys & Games category.
Private label products – Diaper wipes, batteries, and phone chargers are just a few of the many items that Amazon offers under its own brand names. Since its launch in 2009, the AmazonBasics brand has expanded to include hundreds of product categories, such as smartphone cases, computer mice, batteries, dumbbells, and dog cages. As of 2019, Amazon held 34 private-label brands.
Third-party sellers – The majority of Amazon’s sales come from independent merchants who list goods on the site. A few other significant online retailers sell their goods through Amazon in addition to their own websites.
Affiliate Program – By including links to Amazon on their websites, publishers can register as affiliates and earn a reward for directing customers to the retailer if the referral results in a sale.
User reviews – Users can post reviews on each product’s web page on Amazon. Reviewers must assign the item a star rating on a scale of one to five. Reviews on Amazon have the choice to display a badge that either shows their genuine name (depending on verification of a credit card account) or that they are among the most well-liked reviewers.
Amazon sales rank – The popularity of a product sold on any Amazon location is indicated by the Amazon sales rank (ASR). It is an hourly updated relative popularity indicator. In essence, it serves as a “best sellers list” for the millions of things that Amazon stocks.
Physical stores – Amazon built a physical Amazon Books location in University Village in Seattle in November 2015. The 5,500-square-foot store’s prices are identical to those listed on its website for every item. The company has since expanded its stores in various locations around the US.
Hardware and Services
There are many goods and services offered by Amazon, including its virtual assistant Alexa, music and video streaming services Amazon Music and Prime Video, the Amazon Appstore for Android apps, and its Kindle range of e-readers and tablets. You may buy and listen to audiobooks on Audible.
Subsidiaries
In addition to Amazon Web Services, Audible, Diapers.com, Goodreads, IMDb, Kiva Systems (now Amazon Robotics), Shopbop, TeachStreet, Twitch, Zappos, and Zoox are just a few of Amazon’s more than 40 subsidiaries.
Amazon Web Services (AWS) – An affiliate of, Amazon Web Services (AWS) offers metered pay-as-you-go on-demand cloud computing platforms and APIs to people, businesses, and governments.
Audible – On the Internet, Audible is a retailer and creator of spoken audio entertainment, education, and informational content. Audible offers digital audiobooks, radio, and television shows, as well as magazine and newspaper audio editions.
Goodreads – Website Goodreads was created in December 2006 and made public in January 2007 by software engineer and entrepreneur Otis Chandler and Elizabeth Khuri. People can freely browse Goodreads’ enormous user-populated library of books, annotations, and reviews on the website. Amazon acquired the business in 2013.
Ring – Jamie Siminoff established the home automation business Ring in 2013. It produces various gadgets including security cameras but is most recognized for its WiFi-powered smart doorbells. Ring was purchased by Amazon in 2018 for US$1 billion.
Twitch – Twitch is a live streaming video website that focuses mostly on video game content. Amazon purchased Twitch in August 2014 for $970 million.
Whole Food Markets – American retail business Whole Foods Market only sells food free of artificial preservatives, colors, flavors, sweeteners, and hydrogenated fats. In August 2017, Amazon paid $13.7 billion to purchase Whole Foods.
Amazon net worth is $1200 Billion.
Amazon Rumors and Controversies
Amazon has come under fire for a number of things, including providing law enforcement with facial recognition surveillance tools; partnering with the CIA on cloud computing projects; driving customers away from bookstores; negatively affecting the environment; placing a low priority on warehouse conditions for workers; actively opposing unionization efforts; remotely deleting content purchased by Amazon Kindle users; accepting government subsidies; and trying to patent its 1-Click technology.
Additionally, the business has been accused of exerting excessive pressure on suppliers in order to keep and increase its profits.
Amazon Social Media Accounts
| 29M Followers | Link | |
| 3.7M Followers | Link | |
| 4.8M Followers | Link | |
| 651K Followers | Link | |
| 28M Followers | Link |
Amazon net worth is $1200 Billion.
10 Facts about Amazon
- Amazon.com, Inc is an American-based MNC with having primacy focus on E-commerce, cloud computing, online advertising, digital streaming, and artificial intelligence.
- Amazon was founded on July 5, 1994, by Jeff Bezos.
- Its headquarters are located in Seattle, Washington, and Arlington, Virginia, U.S.
- Andy Jassy is the CEO of Amazon since 2021.
- Initially an online marketplace for books, Amazon has since grown into several other sectors.
- Amazon is referred to as one of the most influential economic and cultural forces in the world.
- Amazon net worth is $1200 in 2022.
- The company has been criticized for its data collection policies, work culture, etc.
- Amazon is the world’s largest online retailer.
- It was formerly known as Cadabra, Inc. in 1994-95.
Frequently Asked Questions about Amazon
Amazon.com, Inc is a popular American-based MNC that is the largest online retailer in the world. There are many questions asked about the company. Here are some of the most important and frequently asked questions about Amazon net worth, subsidiaries, products, and much more.
What is Amazon net worth?
Amazon net worth is $1200 billion.
When was Amazon founded?
Amazon was founded on July 5, 1994.
Who is the founder of Amazon?
Jeff Bezos is the founder of Amazon.
Where is the headquarters of Amazon located?
Amazon headquarters are located in Seattle, Washington, and Arlington, Virginia, U.S.
Who is the CEO of Amazon?
Andy Jassy is the CEO of Amazon since 2021.
Who is the owner of Amazon?
Jeff Bezos is the owner of Amazon with 9.8% in company shares.
How many employees work at Amazon?
Amazon employs more than 1.5m people around the world.
How many subsidiaries does Amazon have?
Amazon has more than 40 subsidiaries.
When did Amazon buy Twitch?
Amazon bought Twitch in 2014 for $970 million.
How many fulfillment centers does Amazon have?
Amazon has over 75 fulfillment centers.
Conclusion
Amazon.com, Inc is a popular American-based MNC that is the largest online retailer in the world. Amazon was founded on July 5, 1994, by Jeff Bezos. Amazon headquarters are located in Seattle, Washington, and Arlington, Virginia, U.S. Amazon net worth is $1200 billion in 2022.
Amazon net worth is $1200 Billion.
Andy Jassy is the CEO of the company since 2021 while Jeff Bezos is the executive chairman. The company employs more than 1.5m people around the world and has more than 75 fulfillment centers. The primary focus of the company is E-commerce, cloud computing, online advertising, digital streaming, and artificial intelligence. It was initially an online marketplace for books. Amazon was formerly known as Cadabra, Inc. in 1994-95. Amazon is one of the largest companies in the world and continues to grow and expand and various different sectors.
