Zara founder became the richest man in the world according to Forbes


NEW YORK, October 23. Amancio Ortega, owner of Inditex (the Zara chain, etc.), for the first time ranked first in the list of the richest people in the world by Forbes magazine, is updated in “real time”.

During the day, his fortune grew by $4.5 billion (5.9 per cent) to $80,3 billion, thereby surpassing the second place Microsoft founder bill gates ($78,1 billion).

Daily the Forbes in “real time” displays the movements of shares of companies and their impact on the fortunes.

Ortega founded the Zara company in 1975. For the period from 2009 to 2014 he became richer by $45 billion thanks to rapid growth in the value of shares of Inditex.

About Inditex Group

Inditex Group was founded in 1985 by Spanish businessman Amancio Ortega.

Inditex group operates more than 6,64 thousand stores in 88 countries under the brands Zara, Oysho, Massimo Dutti, Bershka, Pull&Bear, Zara Home, Stradivarius, Uterque, etc.

In Russia as at 31 January 2014 worked 386 stores Inditex.

Inditex’s net profit in 2013 amounted to €2.4 billion, revenue of €16.7 billion