#9 Top 20 Billionaires in the World

Amancio Ortega

Net Worth: $25 billion

Source: Fashion retail

Residence: Spain

• Style maven lords over Inditex; fashion firm, which operates under several brand names including Zara, Massimo Dutti and Stradivarius, has 4,500 stores in 73 countries including new spots in Mexico and Syria.

• Set up joint venture with Tata Group subsidiary to enter India in 2010.

• Betting on Florida real estate: bought Coral Gables office tower that is currently home to Bacardi USA.

• Also owns a luxury apartment complex in Miami; properties in Madrid, Paris, London and Lisbon, a horse-jumping circuit, an interest in a soccer league; has investments in gas, tourism and banks.

• Railway worker's son started as a gofer in a shirt store.

• With then-wife Rosalia Mera, also a billionaire, started making dressing gowns and lingerie in living room.

• Shuns neckties and fanfare.

• Daughter Marta works for Inditex; speculation has it she's being groomed to eventually replace her father.

Source: http://finance.yahoo.com/career-work/article/109029/worlds-billionaires-2010

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