'Frozen' also took over Disney's live-action film 'Pirates of the Caribbean: Dead Man's Chest' which has grossed $1.066 billion.

MORE: Review of 'Frozen'

The Disney film was able to reach this milestone after a very solid run in Japan which was its last market, and so far it has earned $50.5 million there.

Watch the 'Frozen' trailer here

'Frozen' also saw success at this year's Academy-Awards after it took home two Oscars, one for Best Animated Feature and another for Best Original Song (Let It Go).

Following its success upon release, the film was re-released this January in 1,000 theatres as a sing-along version. 

Adding to the list of accomplishments is the movie's soundtrack, as it is the fourth animated musical to reach No.1 on the Billboard 200 album chart in its 56 year existence, following Disney's 'The Lion King' (1994) and 'Pocahontas' (1995), as well as Jack Johnson's 'Curious George' (2006).

Frozen
'Frozen' is the first Disney Studios film to surpass the $1billion mark