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Amazon has left behind Microsoft as the world’s largest company for the first time

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Amazon has left behind Microsoft as the world’s largest company for the first time

Amazon has left behind Microsoft as the world’s largest company for the first time. At the close of the American stock market, Amazon’s market cap stood at 56 lakh crores ($ 796.8 billion). While Microsoft’s valuation was 54.81 lakh crores ($ 783.4 billion). The third is the alphabet and the fourth is Apple.

Jeff Bezos is the richest in the world

Amazon’s founder and CEO have long been on top of the world’s rich list. With the Networth of 9.45 lakh crores (135 billion dollars) in the Bloomberg Billionaire index, Bezos is number-1. Bill Gates is number two with a net worth of 6.44 lakh crores ($ 92 billion) in the Bilenier Index.

IPhone sales fall below Apple sales

After 7 consecutive years of being the world’s most valued company, Apple had lagged behind Microsoft in December last year. At present, Apple is on fourth place with a market cap of Rs 49.07 lakh crore ($ 701.1 billion).

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