AMA­ZON JOINS THE CLUB $1tr

Finweek English Edition - - In Brief -

Like Ap­ple did in Au­gust, Ama­zon’s mar­ket value sur­passed $1tr on 4 Septem­ber, with the stock price ris­ing as high as $2 050.50 on the day, re­ported The New York Times. As for Ama­zon’s founder and chief ex­ec­u­tive, Jeff Be­zos – he is worth nearly as much as Bill Gates and War­ren Buf­fett put to­gether, ac­cord­ing to the pa­per. As re­ported on The Wall Street Jour­nal’s web­site, Ama­zon reached the $1tr mark in just 165 trad­ing days from a $600bn mar­ket value in Jan­uary.

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