News Business 20 richest people in 20 major countries

20 richest people in 20 major countries

New Delhi: Forbes has released their annual list of the world's richest people ranking a giant 1,645 billionaires across the globe. Among the top 50 are the usual faces of tech (as in Facebook and

The richest Spaniard: Amancio Ortega

Net worth: US$64-billion

Forbes rank: 3




Amancio Ortega Gaona is a Spanish fashion executive and founding chairman of the Inditex fashion group, best known for its chain of Zara clothing and accessories retail shops. He added $7 billion to his fortune this past year, expanding the gap between him and number four, Warren Buffett. He recently stepped down as chairman of Inditex but still owns 60% of its shares and has begun growing a real estate portfolio with an estimated value of US$5-billion. He owns the iconic Torre Picasso, a 43-story skyscraper in Madrid (Google is a tenant). In the past year, he's bought four new buildings in Madrid, New York and London for around $830 million, taking the number of buildings he owns to 26.

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