Spanish clothing magnate Amancio Ortega, 79, over took Microsoft founder Bill Gates for the first time ever in the Forbes rich list. According to Forbes’s real-time tracker, the elusive multibillionaire founder of European clothing retailer Zara smashed past Bill Gates to become the wealthiest person on the planet, with a fortune of $79.8 billion (€71.83 billion or £51.84 billion). Bill Gates’ estimated net worth is $79.5bn as of this afternoon. He’s expected to take back his top position from Ortega.
Source: Business Insider