Amancio Ortego Eclipses Bill Gates as World's Wealthiest for Short Time Friday - NBC Chicago

Amancio Ortego Eclipses Bill Gates as World's Wealthiest for Short Time Friday

The founder of Zara, Amancio Ortega, beat out Bill Gates for a short time Friday as the wealthiest person in the world

    Winter Olympics PyeongChang 2018 Medal Count
    Country
    Total
    1
    Norway
    13121035
    2
    Canada
    108826
    3
    Germany
    137525
    processing...

    NEWSLETTERS

    5 to Watch: Can US Figure Skaters Recover?
    Amancio Ortega (L) and Marta Ortega Perez attend the Monaco International Jumping as part of Global Champion Tour on June 29, 2012 in Monte-Carlo, Monaco. (Photo by Pascal Le Segretain/Getty Images)

    The founder of Zara, Amancio Ortega, beat out Bill Gates for a short time Friday as the wealthiest person in the world, as reported by Forbes' real-time rankings of global billionaires.

    Ortega became the world’s richest when he reached a staggering $79 billion in net worth in the early hours of the morning, according to Forbes, but then slipped back down to the No. 2 by 9 a.m. CST.

    Forbes noted that it as the first time Ortega had eclipsed the most well-known billionaire.

    The 79-year-old started his first Zara clothing store in Spain in 1975 before it grew into a global fashion empire.

    Get the latest from NBC Chicago anywhere, anytime

    • Download the App

      Available for IOS and Android