Billionaire Bill Gates is no longer the world’s richest man. Amancio Ortega, the founder of fashion brand Zara has a $79.5 billion fortune, which rose by $1.7 billion this week. It crossed Microsoft co-founder’s $78.5 billion and also outranked Amazon founder Jeff Bezos in this regard. After a drastic 25 per cent rise in his shares on Wednesday, the 80-year-old man made it to the top on Forbes.