For many years, Bill Gates has been the richest man in the world, and this is no surprise at all. The founder of Microsoft has made billions with technology. On Aug. 29, 2017, there was a surprise. Forbes magazine reports that Spanish businessman Amancio Ortega has become as wealthy as Bill Gates. Both billionaires have a net worth of $84.7 billion. Amancio Ortega is linked with the company Zara and his fortune increased almost $500 million today alone. We can see that seven of the top ten billionaires in the world are from the United States. There are billionaires from other parts of the planet as well, including ones from Spain, Mexico and France.
How did Amancio Ortega become so wealthy?
The founder of Zara
The Spanish businessman founded Inditex, which is the parent company of Zara, more than four decades ago. Amancio and his former wife, Rosalia Mera, created this company. Amancio is also the richest man in Europe and has become the richest retailer in the world. The Spanish billionaire has invested a lot of money in properties in cities like Miami, Madrid, New York, London, Chicago, and Barcelona. He makes more than $400 million per year in dividends.
Jeff Bezos, Warren Buffet, and Carlos Slim
Forbes magazine reports that the next position is for Jeff Bezos, as his net worth is $81.4 billion. The American businessman became wealthy with the company Amazon.
Bezos founded his business in a garage in Seattle. Warren Buffett comes next, and the Oracle of Omaha has a fortune of $76.6 billion. The American businessman became wealthy through Berkshire Hathaway, and he is one of the greatest investors in the world today. The next position is for the Mexican Carlos Slim, and his fortune is $70.2 billion.
He controls America Movil, the biggest telecom company in Latin America. He also owns 17 percent of The New York Times and other companies.
Zuckerberg, Ellison, Arnault and more billionaires
The founder of Facebook, Mark Zuckerberg, has $69.8 billion. He is just 33 years old. Thus, Zuckerberg is the youngest of the ten richest billionaires in the world.
The next position is for Larry Ellison with $60.2 billion, who made his fortune in the software business. Bernard Arnault sits in the eighth place, and his net worth is $57 billion. The French businessman made his wealth with LVMH. Michael Bloomberg has the ninth place spot with $53 billion, and he made money through Bloomberg LP. The tenth place is for Charles Koch, with $51.9 billion. The fortune of Koch is the result of diversified investments.
