Thursday, 31 August 2017

Zara Founder, Amancio Ortega Topples Bill Gates To Become The Richest Man In The World

Spanish and Zara co-founder, Amancio Ortega has overtaken the Microsoft big fish, Bill to become the richest person in the world again. His position as no 1 had been fluctuating before he became the no 1 again.


The 81-year-old Amancio has toppled the Microsoft founder with about $200 million with the net worth of £66 billion. The recent development demoted Bill Gates to number 2 position.

Amancio jumped to the first position as shares in his giant retail company Inditex the owner of fashion chain Zara, Massimo Dutti and Pull&Bear increased by 1%.

The presence of the fashion tycoon became a appreciably noticed in 1975 when he launched his first Zara store with Rosalia his wife.

The multimillionaire whose humble beginnings started in Spain does not flaut his massive wealth compared to other rich men.

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