Many people in the world have not heard of Amancio Ortega, a man renowned for his privacy and the founder of fashion house Zara who is actually worth $85.5 billion!!
Amancio Ortega claimed the No. 2 spot on the list of the world’s richest people on Tuesday, Forbes reported. Amazon founder and CEO Jeff Bezos – who just last week beat out Bill Gates to briefly claim the title of the richest man in the world – dropped to the No. 3 position.
Bezos’ drop is due to Amazon stock fluctuations, as the ecommerce company’s stock has fallen nearly 5% since last Thursday. As of Tuesday afternoon, Forbes estimates Ortega’s net worth to be $85.5 billion, compared to Bezos’ estimated net worth of $84.6 billion.
That career began when Ortega founded fast-fashion giant Zara with his then-wife Rosalia in 1975. Today, his retail company Inditex SA – which owns Zara, Massimo Dutti, and Pull&Bear – has 7,385 outposts around the world.