Jeff Bezos, the man who founded, is the richest man with a net worth of $214 billion. In July of 2021, he stepped down as the CEO. Andy Jassy took over. Nevertheless, It has shown steady and astonishingly rapid growth in the past few years. Business professionals estimate that in 2020 alone, they collected a revenue of $113 billion. It is currently worth more than one trillion.  It has acquired several businesses. They’ve also launched original products of their own and have set up their very own video streaming sites. With so much on their plate, their revenue is a collection of earnings produced via all these services provided. 

About the Company

When first established in 1995, many showed scepticism. Critics prophesied that it would eventually fail and lose to major booksellers already in the industry. But, it grew swiftly, and Bezos featured as 1999’s Times Person of the Year. It currently has more than 150 million paid member accounts and 300 million-plus active customers who frequent their website. On average, the company earns $7,300 per second. Their hourly earnings on a regular day are estimated to be around $26.6 million, and their daily earning can go up to $680 million. It continues to see rising profits. In 2019, they recorded a net income of $11,588 million. In 2020, however, their net income jumped to a whopping $21,331 million. Along with the shopping site, they also own AWS, their cloud servicing platform. It has a system of membership in a place called prime membership. Membership holders get early, free deliveries on their orders. Prime Video, a video streaming platform, has also gained considerable popularity recently. They also have a range of Kindle e-readers, a hit among bookworms. They also own Twitch (a game streaming website), Audible (an audiobook company), IMDB (a movie critic platform), and many others.  The company makes money through its web services, retail services, original products, and cloud servicing. 

Conclusion

Along with this, they have made several acquisitions throughout the year and host a cloud streaming platform.