Showing posts with label Richest. Show all posts
Showing posts with label Richest. Show all posts

Friday, September 9, 2016

Spanish founder of Zara fashion chain overtakes Bill Gates to become Wold's Richest Man

picture with daughter
The Spanish founder Amancio Ortega of the Zara fashion chain has overtaken Bill Gates to become the world's richest man.

According to Forbes Amancio Ortega's personal fortune leapt by $1.7billion this week to $79.5billion - taking the entrepreneur past the Microsoft cofounder's estimated $78.5billion. 

He became the world's richest man on Wednesday when shares of his business Inditex, parent company to Zara, Massimo Dutti and Pull&Bear, went up 2.5 per cent.