Amancio Ortega, the founder of Spanish clothing giant Zara, surpassed Bill Gates as the wealthiest person in the world for a brief time on Friday, according to Forbes’ real-time rankings of global billionaires.<\/p>\n
Ortega reached the top spot at a net worth of $79 billion — a $2.4 billion increase since Thursday. By about 10 a.m. EST, Ortega had slipped back to No. 2 again.<\/p>\n
Gates, who founded Microsoft, was ranked the richest person in the world in the 2015 Forbes Billionaire List released in March. Ortega was ranked fourth-wealthiest at the time.<\/p>\n
Business Insider is reporting that this is the first time Ortega has overtaken Gates in the rankings.<\/p>\n
Ortega, 79, lives in La Coruna, Spain. He is the son of a railway worker and co-founded the Zara retail clothing line in 1975. Ortega’s company Inditex also owns several other popular retail brands.<\/p>\n
–<\/p>\n
Source: Huffingtonpost<\/p>\n","protected":false},"excerpt":{"rendered":"
Amancio Ortega, the founder of Spanish clothing giant Zara, surpassed Bill Gates as the wealthiest person in the world for a brief time on Friday, according to Forbes’ real-time rankings of global billionaires. Ortega reached the top spot at a net worth of $79 billion — a $2.4 billion increase since Thursday. By about 10 […]<\/p>\n","protected":false},"author":14,"featured_media":161908,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jnews-multi-image_gallery":[],"jnews_single_post":[],"jnews_primary_category":[],"jnews_social_meta":[],"jnews_override_counter":[],"footnotes":""},"categories":[],"tags":[14],"class_list":["post-161907","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","tag-papa-owusu-ankomah"],"_links":{"self":[{"href":"https:\/\/citifmonline.com\/index.php?rest_route=\/wp\/v2\/posts\/161907","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/citifmonline.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/citifmonline.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/citifmonline.com\/index.php?rest_route=\/wp\/v2\/users\/14"}],"replies":[{"embeddable":true,"href":"https:\/\/citifmonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=161907"}],"version-history":[{"count":0,"href":"https:\/\/citifmonline.com\/index.php?rest_route=\/wp\/v2\/posts\/161907\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/citifmonline.com\/index.php?rest_route=\/wp\/v2\/media\/161908"}],"wp:attachment":[{"href":"https:\/\/citifmonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=161907"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/citifmonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=161907"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/citifmonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=161907"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}