Amazon Net Worth: Being the multinational conglomerate, Amazon sure has marked itself as one of the richest companies in the world ranking 3rd in the Fortune Global 500 and 5th in the Top 10 largest companies by Market Capitalization. Jeff Bezos is the founder of this company and here we will see Amazon’s Net Worth and profits in detail.
Amazon Net Worth
Emerging as the most successful and prominent e-commerce company, Amazon has experienced an increase of 44% in the market share annually for the first quarter of 2021. The Covid-19 pandemic shot up the sales of Amazon in its businesses having e-commerce and digital streaming at the top. With the net sales increasing to 113.1 billion US dollars in the second quarter of the year, the company has labeled itself with $1.7 trillion net worth.
Amazon Monthly Profit & Turnover
With more than 200 million customers, Amazon has a record of shipping 1.6 million packages a day. Even though the lion’s share of the Amazon revenues are from its online marketplace and logistics, its entertainment business that is the Amazon prime and the software enterprise providing artificial intelligence services also play an important role in providing earnings to Amazon’s pocket. With so much drizzling money, Amazon does a business of around 19.4 billion US dollars a month.
Amazon Yearly Profit & Turnover
Having 1.752 trillion US dollars as a market capitalization as of September. Amazon has generated net product sales of 115.50 billion, net service sales of 106.10 billion, and AWS sales of 28.31 billion US dollars, clearly showing its rocketing dealings in 2021. Due to Covid-19, Amazon Prime also gained new customers contributing to the company’s net income that is increased by 48.4% resulting in the establishment reaching the revenue of 221.60 billion US dollars in a year.