Zara founder Ortega leaps to rank as world's third richest man
Mexico's Carlos Slim, who has taken a hit from the slump in the share price of his America Movil telecoms group since the list was calculated as of February 14, remained the richest person with a fortune of $73 billion, and Microsoft co-founder Bill Gates held on to the No. 2 spot with a net worth of $67 billion.
Ortega's fortune increased $19.5 billion, the biggest gain for any of the billionaires, from the report in 2012. He jumped two places and bumped Buffett, chairman and chief executive of conglomerate Berkshire Hathaway Inc with a fortune of $53.5 billion, out of the top three to the No. 4 spot for the first time since 2000.
"Warren had a great year, it's just that Amancio Ortega had a better year," Forbes magazine editor Randall Lane said of the co-founder of Zara. "He has one of the dominant apparel lines in Europe."
Arnault, of the LVMH luxury goods group, dropped to 10th place with $29 billion.
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