Europe's richest man owns 59 percent of Inditex, the world's largest clothing
retailer and owner of the Zara chain. Through his closely held investment companies, Ortega also owns office and retail property in major cities throughout Europe and the U.S. Since 2001, he has earned 2.5 billion euros in dividends. He stepped down as Inditex chairman in 2011.
Inside Inditex SA’s concrete-and- glass headquarters in the Spanish town of Arteixo, a lithe woman slips into a dress that a seamstress working amid buzzing sewing machines stitched together just minutes earlier. A half circle of designers -- looking like models themselves -- nod approval.
Microsoft Corp. founder Bill Gates, who has gifted $28 billion to his charitable foundation, gave some simple advice to Australia’s richest man Andrew Forrest on his crusade to end modern slavery: find a metric to quantify it.
Bloomberg Markets’ inaugural list of the world’s richest people showcases the billionaires who pull the levers on the global economy. Their net worth totals $2.7 trillion, about the size of the gross domestic product of France, the fifth-biggest economy on the planet.
Aug. 7 (Bloomberg) -- Bloomberg Billionaires Editor Matthew G. Miller discusses how Spain's Amancio Ortega made his fortune. Miller speaks with Pimm Fox on Bloomberg Television's "Taking Stock." (Source: Bloomberg)