$20k invested in these ASX shares 10 years ago is worth how much?

I am a big fan of buy and hold investing and believe it is the best way for investors to grow their wealth.

In order to demonstrate how successful it can be, every so often, I like to pick out a number of popular ASX shares to see how much a single $20,000 investment 10 years ago would be worth today.

This time around I have picked out the two ASX shares that are listed below. Let's see how they have performed for their respective shareholders:

Domino's Pizza Enterprises Ltd (ASX: DMP)

The first ASX share we're going to look at is Domino's. The master franchisor of the eponymous pizza chain brand has been a great place to invest over the last decade despite a recent blip due largely to inflationary pressures.

Thanks to the popularity of pizza and its international expansion it has delivered strong earnings growth since 2013. This has led to the company's shares printing very strong returns for its shareholders.

So much so, with an average total return of 17% per annum over the 10 years, a $20,000 investment in its shares would have turned into just under $100,000 today.

REA Group Limited (ASX: REA)

Let's move on to REA Group now. It is the owner and operator of the realestate.com.au website and several international equivalents. It also has a number of complementary businesses such as Mortgage Choice and Simpology.

Thanks largely to the structural shift online for real estate listings, REA has delivered consistently strong earnings growth over the last decade. This has led to its shares trouncing the market over the period with an average 15.9% annual return.

This means that if you had invested $20,000 into this ASX share in 2013, your investment would now be worth almost $90,000.