Did Amazon Surpass Microsoft as the Most Valuable Company?

Yes, recently, on Wednesday Amazon surpassed Microsoft for a brief period of time and became the third most valuable company of the world after Apple and Google. Shares of Amazon rose up to 2.6 percent to $1451.05 while Microsoft's climbed only 1.6 percent to $90.81. However, Microsoft again regained its position after one day and stands next to Apple ($860) and Google ($745). But still Jeff Bezos, the CEO Of Amazon is holding his position of the world's richest person with whopping $120.9 billion net worth that is $30 billion more than the co-founder of Microsoft, Bill Gates.