Forbes today announced that Zara founder, Amancio Ortega is
now richer than Microsoft billionaire co-founder Bill Gates
At least he was, for two days.
The Spanish retail genius who started Zara, passed Bill
Gates to become the richest man in the world on Wednesday and Thursday, before
Gates reclaimed the title Friday morning.
Shares of Ortega’s business Inditex, parent company to Zara,
Massimo Dutti and Pull&Bear, ticked up 2.5% Wednesday, boosting his
personal fortune by $1.7 billion, then fell 2.8% by Friday. As of 10 a.m.
Friday morning, Ortega was worth $77.8 billion, while Gates was worth an
estimated $78.1 billion.
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