Bill Gates ($79.4
Billion) of United States dethroned Amancio Ortega ($78 Billion) of Spain to
become the world richest person.
“After momentarily
losing his positionat the top to Spanish retail giant, Amancio Ortega of Zara
fame, Bill Gates on Friday morning reclaimed his position as the world’s
richest man.
Gates had briefly lost
his highly coveted title to Ortega, who was number four on the list before when
Ortega’s net worth hit $80 billion as stock in his holding company Industria de
Diseño
Textil, better known as
Inditex, reaching an all-time high of 33.99 Euros per share.
However, Gates who has
held the top spot for 16 of the past 21 years, quickly reclaimed the top
ranking after Ortega’s shares slipped slightly to 33.80 Euros as of 10:52 am,
Eastern Standard Time, Forbes reported.
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