Amazon has become America’s second $1 trillion company. The e-commerce company’s market cap hit $1 trillion on Tuesday, becoming the second publicly traded U.S. company to reach the record valuation after Apple. That makes Jeff Bezos, its founder and chief executive worth nearly as much as Bill Gates and Warren Buffett put together.
According to Amazon’s most recent quarterly report in July, shares of the e-commerce giant rose nearly 2 percent to a high of $2,050.50 in morning trading. The stock needed a price of $2,050.27 to reach the $1 trillion mark, based on an outstanding share count of 487,741,189 shares.
So which of the Nigerian top shot companies will hit the 1 trillion mark first?