Bill Gates Is No Longer The World’s Richest Person, This Man Is

mancio Ortega, the founder of the clothing line Zara, has replaced Bill Gates as the world’s richest person. Ortega and Gates switched the top position in a matter of a few minutes. Currently, Ortega is ahead with a net worth of $78 billion.

The road to becoming the world’s richest person is full of ups and downs. The last few days have witnessed two billionaires going through those ups and downs to sit on the throne and become the world’s richest person. One the of them is Bill Gates, a name synonymous to the title “World’s Richest Person”. The second one is the co-founder of Zara retail clothing line, Amancio Ortega, whose dramatic stock performance made him climb the world’s billionaires list leaving behind Gates, Buffett, Bezos, and Zuckerberg in the below positions.

Zara’s parent company Inditex’s 2.5% rise on Wednesday made Ortega surpass Bill Gates to become the richest man. The shares dropped by 2.8% on Friday, Ortega fell on to the second position and Gates took the lead. Ortega made a come back after 45 minutes but Gates was again on the first position ten minutes later.

As per Forbes’ The World’s Billionaires real-time list, the Spanish businessman Amancio Ortega is the world’s richest man with a net worth of $78 billion and Bill Gates follows him with $77.6 billion. The stock market can’t be predicted. Hence, the list is likely to change in the coming days or hours.

— via Forbes

Note: The net worth figures mentioned above were observed at the time of writing this post.

Comments

Best Available Evidence: Hillary Clinton Has Parkinson's

Clinton has been using her "dehydration" story for years. This time it won't work. The media is already working around the clock to hush up questions about Hillary's rapidly deteriorating health. She overheated has allergies pneumonia! She'll be back on her feet soon, citizen. End of discussion. Anyone who says otherwise is a Looney Tune. (Remember that just a week ago the media shamed anyone who even suggested that Hillary Clinton might be sick.) We don't buy it . Commenting on Clinton's latest "medical episode", Dr. Zuhdi Jasser M.D. observed : “What she had was a syncopal episode. She passed out. That’s either cardiovascular or neurologic. Now, her team wants us to believe it is dehydration. She didn’t appear to be dehydrated and that doesn’t get fixed in 90 minutes.” There's a very good reason why Bill has already replaced his wife on the campaign trail : Hillary Clinton is suffering from advanced stages of Parkinson's. And it...

Russia Deploys S-400 Systems to Russia, NATO Has Heart Attack

Our day job is to read about Russia-related stuff and then write about it. So imagine our surprise when we learned that "a NATO air chief says he's concerned by Russia's increasing deployment of surface-to-air missile systems in and around Europe." That's huge! Russia deployed the S-400 to Prague? When did this happen? And what is Russia hoping to gain by deploying surface-to-air systems into the heart of NATO-controlled Europe? We had so many questions in need of answers. Originally appeared at russia-insider. loading... In recent years, the Russian military has deployed S-300 and S-400 surface-to-air missile (SAM) systems not only within Russia and Kaliningrad, the Russian city in a territory between Poland and Lithuania, but Crimea and areas encircling the Ukraine, and even Latakia, Syria. A lot of redundant information here. Let's help our friends at Military.com: After editing out the decorative bullshit, we get: In recent years, ...

The Lingering Costs of Clinton’s Libyan War

Clinton Ehrlich notes that the Russian government views Clinton with the utmost contempt: The Russian foreign-policy experts I consulted did not harbor even grudging respect for Clinton. The most damaging chapter of her tenure was the NATO intervention in Libya [bold mine-DL], which Russia could have prevented with its veto in the U.N. Security Council. Moscow allowed the mission to go forward only because Clinton had promised that a no-fly zone would not be used as cover for regime change. Russia’s leaders were understandably furious when, not only was former Libyan President Muammar al-Qaddafi ousted, but a cellphone recording of his last moments showed U.S.-backed rebels sodomizing him with a bayonet. They were even more enraged by Clinton’s videotaped response to the same news: “We came, we saw, he died,” the secretary of state quipped before bursting into laughter, cementing her reputation in Moscow as a duplicitous warmonger. The Libyan war was an important factor in the...

BREAKING WORLDWIDE

Search This Blog