Amancio Ortega and Family Attend CSI Casa Novas Horse Jumping Competition 2013The world’s richest man for a moment was no longer Carlos Slim or Bill Gates.

It actually was a Spanish mogul by the name of Amancio Ortega.

Basically, he owns a large chunk of what is now the world’s biggest fashion retailer – Zara.

He transformed clothing group Inditex from a tiny family dressmaker into Spain’s biggest company.

His fortune?? Oh, just $78.5 billion.

A 10 percent surge in the share price of Microsoft put the software firm’s founder Gates back on top basically hours later. Bill’s worth is $79.3 billion.

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