Amazon value plummets $1 trillion

Amazon has become the world’s first public company to lose $1 trillion in market value – the equivalent of twice the GDP of Belgium


AMAZON MARKET CAPITALISATION ($ billions) 

Fortune of Amazon co-founder Jeff Bezos has fallen by 43% to $109bn

Covid-19 pandemic begins

Pandemic-driven e-commerce bubble sees value of Amazon balloon from $938bn at beginning of 2020 to $1.9tn by mid-2021 – rise of more than 100%

Jul 5, 2021: $1.88tn

Nov 9, 2022: $878.77bn

$1tn fall


$2,000 
1,800 
1,600 
1,400 
1,200 
1,000
800
600
	2019     2020	2021 	2022


Sources: Bloomberg, Macrotrends, Worldometer
Picture: Getty Images
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