Bill Gates, the immovable occupant of the number 1 position in the billionaire ranking of Forbes magazine, was unseated by 4 hours. The culprit was the Spanish businessman Amancio Ortega, creator of the Inditex textile group, which is best known for having stores under the brands of Zara, Pull & Bear, Massimo Dutti, Bershka, among many others.
Also read: They started from scratch and today they are millionaires
The Spanish tycoon owns almost 60% of Inditex, with approximately 1,848 million shares. The rise in these shares was what allowed him to displace Bill Gates as the richest man in the world, but the rise in Microsoft shares was what returned the ranking crown to the American genius.
Apart from his ties to the textile world, which generate approximately 62.3 billion euros for him, Ortega owns quite a few properties, mostly distributed in important Spanish cities such as Madrid and Barcelona and also in European capitals such as Rome, Paris and Berlin.
As a result of the change in the real-time ranking prepared by Forbes magazine, we decided to do what we have done with tycoons like Bill Gates and Warren Buffett: share with you famous phrases that have made them reach the privileged places they occupy.
Ortega has been a protagonist in the ranking of the richest men in the world long enough to not doubt that he has too many things to teach us.
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- Innovation and constant improvement must continue to be the motivating idea of our group.
- The future of Inditex is linked to our ability to respond day to day to market demands and the ability we have to design and launch new projects that are capable of connecting with the wishes of our customers around the world.
- International expansion, carried out both independently and through agreements with other companies, is an objective that cannot be delayed and will allow us, through diversity, to enrich our culture and vision of the market.
- The future will be marked by the result of combining the accumulated experience with the youth of those who join the group every day. These ingredients will make it possible for us to continue with this great project with the confidence of the first day.
- Innovation and commitment to our consumers is what defines our corporate culture.
- You only have to appear 3 times in the newspapers: When you are born, when you get married and when you die.
- Companies made up of human beings who do not make an effort and professionals without commitment, cannot achieve anything.
- We were certain of a business philosophy and culture capable of facing the challenges that arose.
- We must be aware that the experience we have gained is not enough to guarantee our leadership. We must also be true to the commitment to strive and improve what inspires our company.
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