American
billionaire and tech mogul, Bill Gates has been beaten off by Amancio
Ortega in the contest of the richest man in the world following current
statistics.
Amancio Ortega
Despite claiming the title of the richest man in the world, Zara's founder, Amancio Ortega, is a man of mystery.
On Wednesday, Ortega beat out Bill Gates to become the richest
person on Earth, Forbes reported. Ortega currently has a $200 million
edge over Microsoft co-founder Bill Gates, due in part to a particularly
good week for the stock of Inditex, Zara's parent company.
According to Forbes, Ortega has crowded the world's richest person
three other times — but has always surrendered the No. 1 position within
a day.
Despite Ortega's enormous net worth, many people have never heard
of him. He is an incredibly private man, is rarely seen in public, and
has given just a handful of interviews throughout his incredibly
successful career.
That career began when Ortega founded fast-fashion giant Zara with
his then-wife Rosalia in 1975. Today, his retail company Inditex SA —
which owns Zara, Massimo Dutti, and Pull&Bear — has 7,385 outposts
around the world.
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