[b]The Spanish founder of the Zara fashion chain has overtaken Bill Gates to become the world's richest man. Amancio Ortega's personal fortune leapt by $1.7billion this week to $79.5billion - taking the Inditex owner past the Microsoft co-founder's estimated $78.5billion.[/b]
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[b]Already Europe's richest man, the 80-year-old - whose glamorous daughter Marta is expected to take over management of the business - now tops the global list.
Forbes reported that Ortega became the world's richest man on Wednesday when Inditex shares went up 2.5 per cent.
He now has a larger net worth than US investor Warren Buffett and Amazon founder Jeff Bezos.[/b]
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