Jeff Bezos Convinced His Siblings To Invest $10K Each In His Online Startup Called Amazon — Here's How Much Their Investment Is Worth Now
Portfolio Pulse from Rounak Jain
Jeff Bezos convinced his siblings to invest $10,000 each in Amazon in the mid-1990s, which has now grown to be worth $1.30 billion each. This investment showcases the immense growth of Amazon from its early days to a current market cap of $1.86 trillion, highlighting the potential of visionary entrepreneurship in the digital economy.
April 02, 2024 | 2:59 pm
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Jeff Bezos' siblings' initial investment in Amazon, now worth $1.30 billion each, underscores the company's significant growth and its impact on the digital economy.
The article details the early investment by Jeff Bezos' siblings in Amazon, which has now appreciated to $1.30 billion each. This significant appreciation reflects positively on Amazon's stock, showcasing its growth from a small startup to a global e-commerce and tech giant with a market cap of $1.86 trillion. Such historical context and the magnitude of growth can positively influence investor sentiment and potentially impact the stock price in the short term.
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