Microsoft regains top spot in rich list

299 billion reasons why Microsoft is the best...

299 billion reasons why Microsoft is the best...

Microsoft has regained its title as the world's most valuable company - knocking General Electric (GE) off number one spot. Thanks to a slight increase in stock price the software company now has a market capitalisation of $299bn. This puts GE back in second place with a value of $295bn. GE had held the top position since April 2000, only briefly surpassed by Cisco Systems. Microsoft managed to sneak past to number one in 1999 but the success was short-lived.