Amancio Ortega overtakes Bill Gates to become the richest person in the world
Spanish retailer and Zara founder, Amancio Ortega, is now the richest person in the world, with a $200 million edge over previous leader Bill Gates.
According to Forbes’ real time ranking, Ortega is now worth an estimated $85 billion, up an extra $1.2 billion from last month.
The 81-year-old Ortega has held the top position three times before, but he has always relinquished the lead within a day. Most recently, he surpassed Bill Gates on Tuesday, but by the end of the afternoon he was $100 million behind the Microsoft co-founder. Amazon CEO Jeff Bezos, who held the top spot for a brief period last month is now ranked No. 3 with $82 billion.
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