Disney’s live-action remake of the 1994 animated classic, directed by Jon Favreau, hit number one in all of its markets and has grossed $531m globally.
The film’s US sales, though, have seen it smash Harry Potter and the Deathly Hallows – Part 2’s July record of $169.1 to haul in $192m.
This also makes the film Disney’s fastest-selling live-action release of all time, easily surpassing Beauty and the Beast’s $174.7m.
These takings position The Lion King – which features the voice work of Donald Glover, Beyoncé and Seth Rogen – as the seventh biggest film of the year so far and the biggest IMAX opening for a Disney film ever.
It’s further good news for Disney who, after a successful Comic-Con panel unveiling the next slate of Marvel films that will be released over the next three years, discovered that Avengers: Endgame had finally overtaken Avatar’s all-time box office record.
Also, Guy Ritchie’s version of Aladdin has proved the ultimate box office sleeper hit for Disney considering it's extremely close to topping the $1b mark.
Combined with Toy Story 4, Disney’s international box office takings sit at $2,790.2m.