Jump to content

Zara's Ortega rivals Bill Gates for Forbes top spot


Recommended Posts

Posted

Zara's Ortega rivals Bill Gates for Forbes top spot

606x341_315737.jpg

He briefly overtook Bill Gates to become the richest man in the world, according to Forbes

SPAIN: -- Amancio Ortega, the Spanish clothes billionaire who founded the retailer Zara, was said to be worth $79.8 billion (71.8 billion euros).

However Forbes’ real-time tracker which takes account of daily adjustments had put the Microsoft boss back on top on Friday.

The 79-year-old has quietly climbed the rankings as the company he started 40 years ago continues to perform well and expand.

After growing in Spain, Zara’s success spread to Portugal, France, London and is now worldwide.

Yet Ortega himself, who was born during the Spanish civil war, began life poor. His father is said to have earned 300 pesetas a month.

According to Forbes, a surge in shares this week in Zara’s parent company Inditex helped his wealth grow by $4 billion (3.6 billion euros) in 24 hours.

euronews2.png
-- (c) Copyright Euronews 2015-10-24

Posted

if you take into account all the billions Gates has given away to numerous charities and ventures he would have far more than that. Shame all the corporate billionaires won't do the same.

Posted

Gates richest man in world????

That's a joke for the peasants to process----when you have Rothschilds at multi-trillions in supreme dynastic wealth. 555555555555

Posted

Who gives a s**t. Half the world population lives in poverty and media cares about reporting ultra billionaires race to the world's top of the financial mountain. Pathetic.

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
  • Recently Browsing   0 members

    • No registered users viewing this page.


  • Topics

  • Latest posts...

    1. 20

      Tourist Hits Pattaya Street Sweeper, Attempts to Flee but is Captured by Bystanders

    2. 84

      New Alcohol Control Bill Nearly Finalised; Set for December House Vote

    3. 0

      UK Faces Diplomatic Tightrope Amid Potential Trade War

    4. 0

      Tragedy and Justice: Life Sentence for Hate Crime in California

    5. 0

      Employers Warn of Job Losses as Budget Sparks Offshoring Fears

    6. 0

      Dangerous Russian Fertiliser Dumped in North Sea Off Norfolk Coast

    7. 0

      Sean 'Diddy' Combs Accused of Obstructing Justice Ahead of Trial

    8. 0

      Elon Musk reportedly creating tension within Donald Trump’s inner circle

  • Popular in The Pub


×
×
  • Create New...