• $1 invested in Amazon in 1997 is now worth over $1,233

    Published Date : 19-Jul-2018 8:04:22 IST

    A share of Jeff Bezos-led Amazon, priced at $18 (₹666) bought during its IPO in 1997, is now worth over $22,200 (₹15.3 lakh), according to Reuters. This translates to $1 (₹37 in 1997) invested in Amazon during its IPO is now worth over $1,233 (₹85,000). After Apple, Amazon on Wednesday became the only second company to hit $900-billion market valuation.

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