What If You Invested $1,000 in Amazon in 2008?

Worth Today

$51,374.22

+$50,374.22 profit51.4x

Invested

$1,000.00

CAGR

23.4%

Time Period

18.7 years

Return

+5,037%

A $1,000 investment in Amazon at the start of 2008 would be worth approximately $51,374.22 today — a 51.4x return representing a 23.4% compound annual growth rate (CAGR) over 18.7 years.

Try your own numbers

If I had putintoat the start of…

it would be worth today

$51,374

+$50,374 profit51.4x23.4% a year

The same $1,000 in an S&P 500 index fund: $7,463

Aftertax on the gain, you’d keep$43,818

US federal long-term rates: 15% for most people, 0% on lower incomes, 20% + 3.8% on high incomes. No state tax included; none inside a Roth IRA.

Growth Over Time

Performance Metrics

Total Invested

$1,000.00

Current Value

$51,374.22

Total Profit

$50,374.22

Multiplier

51.4x

CAGR

23.4%

Max Drawdown

-55.6%

Inflation-Adjusted

$33,929.05

Benchmark Comparison

How does $1,000.00 invested in 2008 compare across different asset classes?

AssetValue TodayReturn
Amazon$51,374.2251.4x
S&P 500$7,462.647.46x
Gold$5,025.365.03x
Savings (2% APY)$1,449.491.45x

Dividends

Amazon paid no dividends over this period, so the whole return came from its share price.

Dividends from Yahoo Finance. Shares today assume every dividend was reinvested.

Back in 2008

  • In January 2008, Amazon agreed to buy audiobook seller Audible for about $300 million, adding the leading online provider of digital spoken-word audio. press.aboutamazon.com
  • In 2008, a gallon of gas averaged $3.25, a movie ticket averaged $7.18 and the new iPhone 3G started at $199 with a two-year contract. eia.govapple.comvariety.com
  • During 2008 itself, Amazon fell 43%, #44 of the 65 investments we track. The best was Walmart (+24%); the worst was Lululemon (−83%). Full 2008 results →

$1,000 in Amazon, year by year

Of the 65 investments we track that were available at the start of 2008, Amazon ranks #7 by growth to today, near the top — just behind Apple and ahead of Super Micro Computer. See the full 2008 ranking →

Amazon started 2008 at its highest start-of-year price up to then, after rising 148% in 2007. It was worth less than the $1,000 put in at the start of 2009, and has been above it since the start of 2010. Today's $51,374 is more than it was worth at any January since. It rose in 14 of the 18 full years since. It moved ahead of the same $1,000 in the S&P 500 at the start of 2010 and has stayed ahead since. Month by month, the deepest fall ran from Jan 2008 ($1,000) to Nov 2008 ($444.08), a drop of 56%. At its lowest month-end, in Nov 2008, it was worth $444.08.

WhenWorthChangeS&P 500
Start of 2008$1,000—$1,000
Start of 2009$565−43%$630
Start of 2010$1,393+146%$797
Start of 2011$1,915+37%$917
Start of 2012$1,861−2.8%$936
Start of 2013$2,676+44%$1,086
Start of 2014$4,137+55%$1,438
Start of 2015$3,208−22%$1,634
Start of 2016$6,622+106%$1,657
Start of 2017$7,834+18%$1,855
Start of 2018$12,360+58%$2,260
Start of 2019$16,000+29%$2,161
Start of 2020$19,730+23%$2,842
Start of 2021$33,125+68%$3,365
Start of 2022$35,428+7.0%$4,330
Start of 2023$17,842−50%$3,546
Start of 2024$31,170+75%$4,478
Start of 2025$45,784+47%$5,599
Start of 2026$47,089+2.9%$6,600
Today$51,374+9.1%$7,463

Values at the start of each year (first trading day for stocks). The S&P 500 column includes reinvested dividends, like the stock values.

Historical Context

At the start of 2008, Amazon was priced at $4.81 (adjusted for later splits and dividends). $1,000 would have bought about 208 shares. Amazon runs the world's largest online store and Amazon Web Services (AWS), its cloud-computing business.

Measured from one January to the next, Amazon's best year since then was 2009 (+146%) and its worst was 2022 (−50%). Holding on wasn't easy: between the start of 2022 and the start of 2023, the position fell 50% from its high.

Frequently Asked Questions

A $1,000 investment in Amazon at the start of 2008 would be worth approximately $51,374.22 today — a 51.4x return ($50,374.22 profit) over 18.7 years.

Methodology & Sources

Price data: Historical prices are the closing price on the first trading day of each year, adjusted for splits and dividends (so returns assume dividends were reinvested), from Yahoo Finance and MacroTrends. Current prices come from Yahoo Finance and refresh hourly; if that source is unavailable, the last saved price is used.

Calculation: Assumes a single purchase at the start of 2008 (or the first trading day, for companies that listed that year), held until today. No transaction fees, taxes, or slippage are included.

Benchmarks: The S&P 500 comparison uses the S&P 500 Total Return index (dividends reinvested, like an index fund) at the start of2008 and today. Gold uses the price per troy ounce. Savings account assumes a 2% APY compounded annually.

Inflation adjustment: Uses U.S. CPI-U annual averages from the Bureau of Labor Statistics. The 2026 CPI value is estimated.

Educational purposes only. Past performance does not guarantee future results. Not financial advice.

Other investments from 2008

See how every stock and crypto ranked since 2008 →

$1,000 in Amazon, by year

$1,000 in Amazon:1 year ago5 years ago10 years ago

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