The Spaniard’s company Inditex who own Zara enjoyed a 2.5% boost on their shares which in turn boosted Ortega’s fortune to $79.5 billion Forbes reports. This pushes him past Bill Gates who is at $78.5 billion.
The 80-year-old founded Zara with his then-wife Rosalia in 1975. Inditex SA, a retail company which owns Zara, Massimo Dutti, and Pull&Bear - has over 6,600 outposts around the world.
Amancio Ortega is the richest man in the world, with a net worth estimated at $79.5 billion.
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