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Worth an estimated $810 billion, Amazon recently passed Microsoft as the world's most valuable company.
At one point last year, Amazon was even more valuable. It passed the $1 trillion mark but like other technology companies it's fallen from that peak with dips in the stock market since then. Still, it's huge. It's founder who owns 16 percent of the company remains the wealthiest person on earth. Amazon says that New York City, one of the places where it plans to build a second headquarters, will see 25,000 new jobs over the next decade, that Amazon will hire people from all five boroughs of New York City and that their positions will receive an average salary of $150,000 a year.
But despite all this and a print ad in some New York newspapers that read, Happy New Year from your future neighbors at Amazon, its plans have met with protests as some of those new neighbors don't want the company to come at all. One big reason for that is because their state is using their tax dollars to pay Amazon to set up shop there. Another reason, the expected side effects of a new Amazon headquarters in NYC.
