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Zara Founder Almost Overtook Bill Gates as the Richest Man on the Planet

Watch out, Bill Gates.
Zara Founder Almost Overtook Bill Gates as the Richest Man on the Planet Watch out, Bill Gates.

It’s a good week to break records starting with that of #AlDub’s groundbreaking concert last Saturday. But moving back to the topic of fashion, a new tycoon has risen to the ranks threatening Microsoft founder Bill Gates’ spot as the richest man alive. Who is it? Spanish clothing magnate and Zara founder, Amancio Ortega.

A CORUNA, SPAIN - JULY 27: Amancio Ortega, owner of Zara empire, meets some friends at CSI Casas Novas Horse Jumping Competition 2013 near Arteixo on July 27, 2013 in A Coruna, Spain. (Photo by Xurxo Lobato/Getty Images)

Forbes’ real-time tracker reported last Friday that the 79-year-old businessman smashed Gates’ as the richest man in the planet, overtaking him with a whopping $79.8 billion for a brief moment. But later during the day (most likely caused by the fluctuations in euro), the numbers have quickly shuffled and Ortega was back at the number two spot. His net worth dropped to $78.5 billion and Gates' retained the throne with his $79.4 billion.

How fast things change, don’t you think?

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