Amancio Ortega, founder of clothing retailer Zara, is now the second-richest man in the world, knocking legendary investor Warren Buffett into third place.
The 79-year-old who hails from Spain is worth over $71.5 billion as of June 2, 2015, according to Bloomberg. Bill Gates remains the world’s richest man with a net worth of over $85.5 billion.
22:56 Yahoo says Verizon buyout delayed but still on16
01:44 Student Loan Collector Cheated Millions, Lawsuits Say34 5
21:52 Netflix nears 94 million subscribers 10 years after streaming launch20
12:26 Woman, 54, dies after jump from third-floor landing inside Midtown Time Warner Center13