Blogs and advice from Industry leading Specialists
Valuable Opinions, Comments & Gossip
Financial related News & Articles relating to Spain
Latest News, Stories
& Hot Topics
Various Tools & Widgets to help with your financial needs
Tools & Widgets to
help with finances
Polls, Surveys and Opinions featured throughout Tumbit
Featured Polls, Surveys & Stats
Discussions, Advice & Topical Chat
Discussions, Advice & Topical Chat

Five Spaniards drop out of ‘Forbes' list

Source: El Pais - Tue 3rd Mar 2015
Five Spaniards drop out of ‘Forbes' list

Five Spaniards have dropped out of Forbes magazine's world billionaires list, although the owner of clothing giant Zara remains among the top five.

Amancio Ortega, whose Inditex retail fashion empire also includes other brands such as Bershka, Oysho and Massimo Dutti, slid down from third to fourth place with a net worth of $64.5 billion.

The textile tycoon from Galicia was bettered by Microsoft founder Bill Gates ($79.2 billion), Mexican telecom magnate Carlos Slim ($77.1 billion) and US investor Warren Buffett, who pushed his way up to third place with $72.7 billion.

As of Forbes' latest estimate, 21 Spaniards feature in the top 500 list of global fortunes, compared with 26 a year before.

The Spaniards who made the list represent a joint fortune of $116.3 billion, less than the previous figure of $121.6 billion.

Besides Amancio Ortega, the wealthiest Spaniards, according to Forbes, are his eldest daughter Sandra Ortega Mera ($6.4 billion); constructor Juan Miguel Villar Mir ($5.6 billion); Juan Roig, owner of the Mercadona supermarket chain ($5.3 billion); and Isak Andic, founder of another fashion giant, Mango ($4.8 billion). Juan Roig's wife, Hortensia Herrero, newly joins the list because of her share in Mercadona.

Pushed out of the list this year are Francisco José and Juan María Riberas Mera, of the Gestamp steel company; Leopoldo del Pino, of infrastructure builder and manager Ferrovial; El Corte Inglés founder Isidoro Álvarez, who died last year; José María Aristrain, founder of steelmaker Arcelor, and real estate entrepreneur Enrique Bañuelos.

Recommended Reading :

* Spain's richest man buys 491 Mln London property

* Ever wondered about Spain's rich : poor divide ?

Comment on this Story

Be the first to comment on this Story !!

Related Partners

Recommended Items

Related Articles

Related Blogs

When shopping for bodyjewelrytips, never buy anything that has nickel. The best type of material is the steel, titanium, wood, anodized gold or gold. Most nickel products will rust and may infect your ear. If you have pierced the naval or eye, you do not need to worry, as that is the most versatile part of the body. You can wear rings, straight, curved or fancy and captive beads. There are many leading body piercing jewelry that offer some of the biggest collection at very affordable price. In regard to shopping, always go to a wholesale shape as that is the sure place of getting any type of body piercing jewelry. The only thing that you need to be careful about is the material used to make the jewelry. There are instances when body piercing might go wrong and the result is an infection. In order to avoid this, make sure that the person doing the piercing is qualified to do so. After piercing is done Bodys piercing trends, you should keep the area sterilized and clean. Use warm water to wipe dirt. Never use spirits as they will corrode the area resulting to a wound which might cause an infection.