Meet the person who has beaten Bill Gates to became world’s richest man
We all are aware about that Bill Gates was the wealthiest person in the world but meet another person who beat the most wealthiest in the world and he is none another than Amancio Ortega, the Spanish founder of fashion chain Zara is now the richest man in world with a personal fortune of $79.5 billion.
Where Bill Gates who has a net of $ 78.5 billion has been pushed to second spot by the retail chain owner. According to Forbes reported that Ortega became the world’s richest man on Wednesday when shares in Zara’s parent company, Inditex , went up 2.5% , he holds a 59.3% stake in what is now the world’s biggest fashion retailer.
The business tycoon is all set to hang his boots and hand over his empire to his daughter, Marta. She is expected to take over management of the business. It’s not the first time Ortega has topped the list. He was briefly ahead of Bill Gates in October but then a surge in Microsoft shares put him back in second place.