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Spaniard in rich list top three

Spain's Amancio Ortega, the co-founder of the fashion group that includes high street chain Zara, is the new third-richest person on Forbes' 2013 annual ranking of billionaires.

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He leapt above Warren Buffett and France's Bernard Arnault with an estimated net worth of $57 billion (£37.7bn).

Mexico's Carlos Slim, who has taken a hit from the slump in the share price of his Movil telecoms group since the list was compiled, remains on top with a fortune of $73bn.

Microsoft co-founder Bill Gates held on to the number two spot with a net worth of $67bn.

Ortega's fortune rose by $19.5 billion, the biggest gain for any of the billionaires.

He jumped two places and knocked Buffett out of the top four for the first time since 2000.

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