Holger Zchaepitz, an author from Welt, states that the market capitalization of 7 U.S. companies, such as Facebook, Amazon, Netflix, Google, Microsoft, Apple and Nvidia, which are called FANGMAN for short, totaled more than $7 trillion this week.
![Image Source: Twitter @Schuldensuehner](/image/800/0/slKBk15jYZ1FtTfTb6kqUiogrwaY9rpPv9dEGyYL.png)
Now the market value of FANGMAN is higher than the GDP of three countries: Germany, Italy and Indonesia.
![Image Source: Twitter @Schuldensuehner](/image/800/0/Nhn72dl1Ai0z2ucaFWLcL3kQu5vOpFQhB0XxHAcm.png)
Interestingly, little more than a year ago, on June 24th of 2019, Mr. Zchaepitz had already evaluated FANGMAN's capitalization. Back then, it amounted to just over $4.2 trillion and had been slightly less than GDP of Japan.
![Image Source: Twitter @Schuldensuehner](/image/800/0/usxlaK0RjDBrwxI3GwafaXnhGbIM83ZeKEiMa37n.png)