Name: There Might Be a Man Richer than Bill Gates
Uploaded: 2016-09-09
Duration: 44 s
Description: According to Forbes

There Might Be a Man Richer than Bill Gates

According to Forbes, Amancio Ortega, the billionaire behind the Spanish retail chain Zara, may have surpassed Bill Gates as the richest man in the world. Forbes reports that Ortega's net worth was somewhere between 77.8 and $79.5 billion on Wednesday, when shares in his umbrella company Inditex increased, giving him a $1.7 billion boost. Gates is currently worth an estimated $78.5 billion according to Forbes, but there is some dispute on how to measure net worth. Bloomberg Billionaires Index has gates in first place at an estimated $89.7 billion in Ortega, lagging behind in second at $79.2 billion. Gates and Ortega will continue to trade places as the world's richest person at their stock portfolios change