NEWS

Amancio Ortega Displaces Bill Gates as World’s Richest Man

The founder of Zara, Amancio Ortega, has beaten Bill Gates in the number one position of the world’s richest man.

In a new release by Forbes on Wednesday, Ortega beat out Bill Gates to become the richest person on Earth.

He currently has a $200 million edge over Microsoft co-founder Bill Gates, due in part to a particularly good week for the stock of Inditex, Zara’s parent company.

Forbes said that Ortega has crowded the world’s richest person three other times, but has always surrendered the No. 1 position within a day.

Despite Ortega’s enormous net worth, many people have never heard of him.

He is described as an incredibly private man rarely seen in public, and has given just a handful of interviews throughout his incredibly successful career.

Syndicated from Daily Post

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