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News INTERNATIONAL BUSINESS

  • Mar 05, 2013
  • Forbes names Inditex’s Ortega world’s third richest person

    Spain’s Amancio Ortega, the co-founder of the Inditex fashion group, leapt over Warren Buffett and France’s Bernard Arnault to become the world’s third richest person on Forbes’ 2013 annual ranking of billionaires, with an estimated net worth of $57 billion.
    Mexico’s Carlos Slim, who has taken a hit from the slump in the share price of his America Movil telecoms group since the list was calculated as of February 14, remained the richest person with a fortune of $73 billion, and Microsoft co-founder Bill Gates held on to the No. 2 spot with a net worth of $67 billion.

    Source - http://www.financialexpress.com