The founder of the Indy Dick Group with the Zara brand becomes the third richest man

Amancio Ortega, the founder of the retailer Inditex SA, replaced Warren Buffett as the world’s third richest man.
According to Bloomberg, the retailer Amancio Ortega, the founder of Inditex SA, replaced Warren Buffett as the world’s third richest man.

According to the Bloomberg Billionaires Index, as Indigo's share price rose 3.8% to close at a record high, the 76-year-old Otto’s wealth also increased by US$1.6 billion to reach US$46.6 billion, making the apparel chain Zara The owner’s personal wealth surpassed Berkshire’s chairman Buffett. Buffett’s net wealth is $45.7 billion, which has been ranked third since the Bloomberg billionaire index was released on March 5.

Ortega founded the Indienic Group in 1963. The company was unpretentious at first, but gradually became known to the public since it went public in 2001. It has subsequently won the best brand in Spain and has become the third-ranking clothing retailer in the world. The company owns Zara. Brand.

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