Bill Gtaes is no longer the richest man in the world, See who overtakes him

1169

Now, Bill Gates in no more the richest person in the world, at least for now.

L&T Technology Services IPO: Here is the thing that financiers are stating

According to the Forbes real – time billionaires list, the Microsoft founder and the famously frugal Spanish founder of clothing chain Zara,  Amancio Ortega has been in the top of the list of Billionaires.

Mr Ortega’s net worth increased to $78b billion on Saturday, overtaking Gates’ estimated net worth of $77.4bn . 

The self-made billionaire, 80, was born the son of a railway worker in La Coruña and left school at 13 to work in a clothing shop. He founded Zara from his living room with his ex-wife Rosalia Mera before launching the Inditex fashion group, of which he is chairman. 

 While he may be the richest man in the world, he reportedly lives a modest lifestyle, eating lunch with his employees in the staff canteen, buying coffee from the same cafe he has visited for years and dressing in the same blazer/shirt combo – neither of which are said to be from Zara. 

Mr Ortega is guarded about his private life and rarely grants interviews to the press.

 His fluctuating net worth means he has overtaken Gates, 60, on a number of occasions before, but only briefly.

The philanthropist is leading a pledge  from some of the world's richest people to give away much of their fortune, famously saying: “Money has no utility to me beyond a certain point.” He had already donated $28 billion through his charitable foundation by 2013. 

Gate's children three children will only inherit “a minuscule portion” of his wealth, reported to be in the region of $10million each, in order to ensure they “find their own way” in life. 

He joins a number of super-wealthy figures who have said their children will not inherit the majority of their fortunes, including Mark Zuckerberg, Sting, Nigella Lawson and Warren Buffet.

Now, Bill Gates in no more the richest person in the world, at least for now.

According to the Forbes real – time billionaires list, the Microsoft founder and the famously frugal Spanish founder of clothing chain Zara,  Amancio Ortega has been in the top of the list of Billionaires.

Mr Ortega’s net worth increased to $78b billion on Saturday, overtaking Gates’ estimated net worth of $77.4bn . 

The self-made billionaire, 80, was born the son of a railway worker in La Coruña and left school at 13 to work in a clothing shop. He founded Zara from his living room with his ex-wife Rosalia Mera before launching the Inditex fashion group, of which he is chairman. 

 While he may be the richest man in the world, he reportedly lives a modest lifestyle, eating lunch with his employees in the staff canteen, buying coffee from the same cafe he has visited for years and dressing in the same blazer/shirt combo – neither of which are said to be from Zara. 

Mr Ortega is guarded about his private life and rarely grants interviews to the press.

 His fluctuating net worth means he has overtaken Gates, 60, on a number of occasions before, but only briefly.

The philanthropist is leading a pledge  from some of the world's richest people to give away much of their fortune, famously saying: “Money has no utility to me beyond a certain point.” He had already donated $28 billion through his charitable foundation by 2013. 

Gate's children three children will only inherit “a minuscule portion” of his wealth, reported to be in the region of $10million each, in order to ensure they “find their own way” in life. 

He joins a number of super-wealthy figures who have said their children will not inherit the majority of their fortunes, including Mark Zuckerberg, Sting, Nigella Lawson and Warren Buffet.

For more latest hindi news click here 

NO COMMENTS

LEAVE A REPLY