Browsing: Amancio Ortega

Global tensions sparked a market selloff on Thursday that drained $42.7bn (about R575bn) from the net worth of the world’s 500 richest people and knocked founder Jeff Bezos from his spot as the world’s second

Jeff Bezos just snuck past Warren Buffett to become the third richest person on Earth. The founder’s net worth was US$65,05bn on Thursday (R923bn at the time of writing), topping Buffett by $32m on the Bloomberg Billionaires Index

According to the latest ranking of the world’s richest people, published on Wednesday, Bill Gates still tops the list with a fortune of $75bn, while the net worth of Facebook’s Mark Zuckerberg has leapt higher in the past year