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New world's richest person emerges

New world's richest person emerges

Spanish retailer and founder of ZARA, Amancio Ortega has emerged as the richest person on planet earth. This was revealed in a recent news by Forbes.
Spanish retailer Amancio Ortega has emerged as the richest person on planet earth. This was revealed in a recent news by Forbes.

Amancio Ortega alongside his daughter, Marta Ortega Perez
According to the new release,  Amancio Ortega who is also a co-founder of the Spanish retail company known as Inditex became the world's richest man when his worth clocked a whopping $85 billion (eighty-five billion US dollars).


New world's richest person, Amancio Ortega founder of ZARA and co-founder of Inditex emerges

He is now $200 million richer than the previous title holder and Microsoft Boss, Bill Gates

Just few weeks before now, Amazon CEO, Jeff Bezos clinched onto this title but dropped as a result of decline in his net worth. 

Forbes was quoted as noting that Bezos’ net worth has dropped by more than $4 billion in the last month as Amazon shares have fallen from a record high.

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