Zara Founder Amancio Ortega becomes world's 2nd richest man

Spanish clothing brand Zara's Co-founder Amancio Ortega has surpassed Amazon Founder Jeff Bezos to become the world's second-richest person with a net worth of $77.5 billion. This comes after Zara's parent company Inditex SA's shares escalated by 1.27%, while Amazon was devalued by $978 million. Bezos is now the world's third-richest person with a net worth of $76 billion.