Money Tips Daily By Charles Kelly, Former Ifa And Author Of Yes, Money Can Buy You Happiness.

Just 25 years on from when it started, Amazon has grown from start-up to one of the most valuable public companies on the planet, with Mr Bezos now the world's richest man. Amazon started as an online book retailer but has become a global giant, selling multiple products with membership subscriptions, physical stores, groceries for sale, its own smart devices and a delivery system which can get things to customers in an hour. In 2018, Amazon became the world's second-ever public company to hit a $1 trillion valuation, after Apple, and it has the second-highest market valuation in the world, after Microsoft. Amazon has sales of over $234 billion and is expected to rise to over $300 billion by 2020. Their subscriptions alone exceed $100 million a year – in recurring revenue! One of the reasons the company has grown is their partner programmes which enables online entrepreneurs and retailers to sell goods on the Amazon platform at a fraction of the cost of setting up a physical store. In the past, you needed tec