Internet giant and online retailer Amazon has taken Microsoft’s spot as the world’s most valued company.
Amazon, established 25 years ago, is currently valued at $797m (£634m) which is 3.4% higher than Microsoft’s $789bn.
Founder and CEO, Jeff Bezos is according to reports the wealthiest man in the world with a net worth of about $135bn..
Jeff Bezos’s net worth overtook Microsoft founder Bill Gates last year, it’s the first time that the online retailer has held the top spot.