Spaniard Amancio Ortega world’s richest man for less than one day

LAST UPDATED: 11 Nov, 2015 @ 23:50
1
SHARE

Inditex boss Amancio Ortega
Inditex boss Amancio Ortega

THE thrill must have been giddy, albeit fleetingly, when a Spaniard became the world’s richest man.

Inditex giant Amancio Ortega outstripped Bill Gates for just a handful of hours when the contents of his sizeable commercial piggy bank shot up in value on the stock exchange.

The magnate was worth a massive €72 billion compared to Microsoft man Bill Gates’ €71 billion for one morning only.

Inditex, which owns brands such as Zara, Massimo Dutti, Bershka, Oysho has seen its shares go up by 44% in the last year to reach €34.

JOIN THE CONVERSATION...

The Olive Press are not responsible and do not moderate individual comments before they are posted. Anyone who uses racist, sexist, homophobic or xenophobic language or hate speech will be blocked.

HAVE YOUR SAY...