Ortega disposes Bill Gates as World’s richest man

The relatively unknown Amancio Ortega, founder of Zara, has beaten Bill Gates in the number one position of the world’s richest man. This is according to Forbes latest ranking on Wednesday.
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.
Forbes said that 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 described as an incredibly private man rarely seen in public, and has given just a handful of interviews throughout his incredibly successful career.
Ortega’s career began when he founded fast-fashion giant Zara with his then-wife Rosalia in 1975.
His retail company Inditex SA, which owns Zara, Massimo Dutti, and Pull&Bear, has 7,385 outposts around the world.