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| Photo: swotti.com |
Amancio Ortega, the owner of
Inditex, which owns the
Zara fashion chain, among others, is the richest man in Europe, and the fourth richest in the world, according to financial site
Bloomberg. The site headed the story thus: "
Ortega is Europe's richest man while Spain ravaged by debt." It goes on to say that his fortune rose to $39.5 billion (not quite enough to rescue Spain's banks, alas), which puts him above Sweden's
Ingvar Kamprad, founder of
Ikea and worth $37.2 billion, and
Bernard Arnault, owner of the
Louis Vuitton Moet Hennessy (LVMH) luxury goods empire, who is attributed $22.7 billion. Heading the list of the world's richest is still Mexican media mogul
Carlos Slim, but the
Bloomberg Billionaires Index tells us that
Mark Zuckerberg, founder of
Facebook, has been dropped off the top 40.
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