Amancio Ortega Becomes The Richest Person In The World Skip to main content

Amancio Ortega Becomes The Richest Person In The World

The Spanish business tycoon, Amancio Ortega, co-founder of Spanish retailing giant Inditex, is now the richest person in the world with a cool $200 million edge over previous richest person Bill Gates.
Ortega became the world richest person first in 2015 October but he lost the spot to Gates in less than 24 hrs, and he has also held the position two other times but has always been relinquished the lead within a day. This period around he surpassed Gates on Tuesday after shares of Inditex - parent company of fashion chain Zara rose just over 1% but by the end of the afternoon he was $100 million dollars behind the microsoft cofounder. Then on Wednesday Ortega regained the top spot as of 12:05pm Eastern time, he was richer than Gates by a modest margin of $200 million. Ortega is now worth an estimated $85billion. Gates fortune declined earlier this month after a filing with the SEC revealed that he donated $4.6billion worth of microsoft stock to his foundation in June. Bloomberg reported that gist first.

I rub my head with you great and successful men, waoooo, it's not easy, I can't just stop to imagine the kind of life these men will be living. 

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