.For the first time in decades, Bill Gates has fallen out of the top 10-a ranking he has held since the early 1990s. In his place, Amancio Ortega, Spain’s richest man and founder of the Inditex fashion group-owner of Zara-returns to the top ranks for the first time in years.

Key Updates:

• Amancio Ortega joins the top ten for the first time in years.
• Larry Ellison leaps into the No. 2 rank on an Oracle stock surge.
• Bill Gates falls to No. 12, his first time out of the top 10 in decades.

At close of October 1, 2024, Elon Musk is still leading the board as the world’s richest. His net worth surged $27 billion this month alone at the back of the boost in Tesla shares. Now, Musk is comfortably at the top with an unprecedented net worth of $270.5 billion.

Larry Ellison, founder of Oracle, leaped to the number two position on the back of a $33 billion rise in his net worth fueled by rising Oracle stock prices. His fortune is now over $200 billion, joining him among just three people on … Read More