Bezos is now worth over $165 billion, well ahead of runner-up Bill Gates, whose wealth clocks in at just over $98 billion, according to Bloomberg.
One trillion is a hard number to imagine, regardless of what's being counted. At the time, the company revealed that it slightly missed the sales figures Wall Street analysts had been hoping for, but more than exceeded their expectations for profits, with earnings of $5.07 per share on profits of $2.53 billion for the quarter.
Amazon became the second big United States company to hit $1 trillion in stock market value in the latest demonstration of the rising clout of American technology heavyweights.
Even more telling is Amazon's size when compared with the entire national stock markets of other countries.
Rockets move Ryan Anderson to Suns in four-player trade
Knight, who missed the entire 2017-18 season after tearing his left ACL in the summer of 2017, is cleared to play this season. Chriss has a career scoring average of 8.5 points, 4.8 rebounds and shoots a tad over 30 percent from 3-point range.
Chinese billionaire back at work amid US sexual conduct probe
As JD.com aims to spread beyond Asia, Liu has lately sought to raise his profile among global business leaders. China's Foreign Ministry said Monday it had launched an investigation into the circumstances of Liu's arrest.
Nadal advances to face Thiem in U.S. Open quarterfinals
Wednesday's quarter-finals will see two-time champion Novak Djokovic face Millman, the world number 55. He is in a relationship with French tennis player Kristina Mladenovic, also 25.
That may sound like a huge sum separating the two, but Amazon could actually surpass the iPhone maker in short order ー the stock's 74 percent gain this year is more than double that of Apple, and if shares of both companies keep the same pace, Amazon could close the gap by the end of the year. "Now that it has several high-margin revenue streams, we're seeing those doubts subside".
Investors are betting that Amazon can continue the stellar growth of its ecommerce business, which provides the bulk of its revenues.
Its shares then hit the $2050.2677 level to give its stock a value of $1 trillion.
The company's blowout success has made its founder and CEO, Jeff Bezos, No. 1 on Forbes' billionaires list this year.
Amazon's $1 trillion has been coming for weeks. Bezos brought home an annual salary of $81,840 in 2017, according to regulatory filings. Apple's stock price fluctuated in sync with Amazon's today, with a peak around 11:30 this morning and a trough about an hour later.