Jeff Bezos Amazon formed 25 years ago has surpassed Bill Gates Microsoft to become the world’s most valuable listed company.
Amazon, the online giant was worth $797bn (£634bn) when the US stock market closed on Monday after rising 3.4% and moved past Microsoft, valued at $789bn.
Jeff Bezos, is the world’s wealthiest man, with riches of $135bn, according to Bloomberg’s billionaire index.
He overtook Microsoft founder Bill Gates last year.
It is the first time Amazon has held the top position.