Amazon Becomes The Most Expensive Private Company In The World Ahead Of Google

2023 Author: Lynn Laird | [email protected]. Last modified: 2023-05-21 21:10

Although they form the ranking of the most powerful brands in the world, the giants of the WEB (Google, Apple, Facebook, Amazon and Microsoft) are never satisfied by only dominating the ranking of world stock exchanges. This year, the most valued of them is Amazon! The private e-commerce company, founded by Jeff Bezos, jumps from third place to first by reaching the galactic amount of 315 billion dollars, according to the BrandZ ranking published on Tuesday by WPP and Kantar. By taking the top of the ranking of the most expensive global brands, Amazon is ending the domination of Google and Apple.

Amazon is now the most valued private company on the planet

Having already been named the company with the highest market capitalization (at over $ 900 billion), Amazon continues to break records by jumping from third place to first, previously snatched from Google which is now in third position after Apple. Next are Microsoft, Visa, Facebook and Chinese e-commerce giant Alibaba. McDonalds, meanwhile, is in ninth position. And finally, with regard to the most expensive brands in France, they come from the luxury sector. We discover Louis Vuitton, Chanel and Hèrmes, thus occupying 22nd, 31st and 37th place.