Zara founder Ortega dethrones Bill Gates as the world’s richest man

September 10, 2016 1:43 pm
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Bill Gates, co-founder of Microsoft had been the richest man in the world for quite some time now but due to a surge in the shares price of Zara, co-founder Amancio Ortega has become the world’s richest man.

Ortega’s personal assets have surged by 1.7 billion this week to 79.5 billion, while assets of Bill Gates stands at 77.4 billion, as per Forbes. The son of a railway worker from La Coruna in Spain, Ortega transformed clothing group Inditex from a tiny family dressmaker into Spain’s biggest company.

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