amancio ortega

Anthropic's AI tools triggered a stock market dip, impacting tech giants. While most billionaires saw their fortunes fluctuate, Elon Musk experienced a remarkable surge, adding $64 billion in February alone. He's now on track to potentially be the first person to achieve a trillion-dollar net worth, with SpaceX's IPO on the horizon.

At the end of trading session on Monday, Buffett's net worth stood at USD 54.9 billion, while Ortega's market capitalisation stood at USD 54.5 billion.

Spanish billionaire amancio ortega, founder of Zara, has purchased a logistics centre in Dublin, Ireland for 225 million euros. This marks the first logistics real estate investment in Ireland by Ortega's investment firm, Pontegadea. The centre, located in Dublin's Baldonnell Business Park, spans 1.2 million square feet and includes 630,000 square feet occupied by Amazon. In addition to this acquisition, Pontegadea has recently invested in luxury buildings, renewable energy projects, and Seattle office blocks leased to Amazon.

amancio ortega, the billionaire founder of Zara, has purchased a luxury apartment building in Chicago for $232 million. The 45-story building contains high-end apartments and adds to Ortega's growing US property portfolio, which includes other landmark properties. The purchase was made by Ortega's family office Pontegadea.

The Tata Group’s retail arm Trent is rejigging its global fashion brands portfolio. Noel Tata-spearheaded firm is expanding its association with Spanish retail behemoth Inditex following the success of Zara stores in India.

Marta Ortega will replace Pablo Isla, who has been chairman since 2011, in April, the company said in a statement. He was deputy chairman between 2005 and 2011.

Global wealth in 2025 remains dominated by tech and retail titans. Elon Musk leads with $342 billion, followed by Mark Zuckerberg and Jeff Bezos. The Forbes list highlights 3,028 billionaires, with the US, China, and India at the forefront. Visionary leaders in innovation and global markets continue to amass extraordinary fortunes.

Indian steel magnate Lakshmi Mittal, who owns a stake in the Loftus Road club QPR, is in sixth place when it comes to richest football club owners globally.

Despite global economic woes, the world's richest men, led by Elon Musk with $717.9 billion, have seen their fortunes soar. Technology and AI continue to drive immense wealth, with figures like Larry Page and Jensen Huang making significant gains. This elite group's vast riches starkly contrast with widespread financial struggles.

Indian business magnate Mukesh Ambani is the 18th richest person in the world with a personal wealth of $24.7 billion in 2012, according to the Bloomberg Billionaires Index, a daily ranking of the world's 100 wealthiest individuals.

In signs of rising income inequality, India's richest one per cent now hold a huge 58 per cent of the country's total wealth -- higher than the global figure of about 50 per cent, an Oxfam study showed. Women form 60 per cent of the lowest paid wage labour, but only 15 per cent of the highest wage-earners.

Indian business magnate Mukesh Ambani is the 18th richest person in the world with a personal wealth of $24.7 billion in 2012, according to the Bloomberg Billionaires Index, a daily ranking of the world's 100 wealthiest individuals.

Manchester United's owners, the Glazer family, are considering selling the club as they explore "strategic alternatives". If the Glazers decided to follow through with the sale of the Old Trafford club, here could be some of the possible buyers.

A report by Oxfam International said that considering that Bill Gates's fortune is growing at 11 per cent per year since 2009, he could become the world's first trillionaire soon.

Zara owner Inditex, the world's biggest fashion retailer, on Wednesday reported its highest-ever profits in 2023 thanks to buoyant sales and its policy of raising prices. Its net profit reached 5.4 billion euros ($5.9 billion) last year, up 30 percent from 4.1 billion euros in 2022, which also was a record for the fashion giant whose eight brands include younger chain Pull&Bear and upmarket label Massimo Dutti.

The world's largest clothing retailer Inditex will know the fate of its year-old investment proposal for India at a Foreign Investment Promotion Board meeting on Friday.

World's richest ranking has a new No. 2, Amazon CEO Jeff Bezos. The founder of e-commerce giant has beaten amancio ortega and Warren Buffett to become the world's second-richest person, according to Bloomberg.

An Indian-origin executive at Zara has been named in a $40 million lawsuit filed against the leading Spanish clothing giant by a former employee alleging pay discrimination and firing him for being "Jewish, American and gay".

With a net worth of $60 billion, Reliance Industries chief Mukesh Ambani has been ranked the 9th richest person globally, according to 'The Real-Time Billionaires List' of Forbes, that was topped by Amazon Founder and CEO Jeff Bezos. The company on Thursday became the first Indian firm to hit the Rs 10 lakh crore market valuation mark following a spike in its share price.

Mukesh Ambani has retained his position as the richest Indian for the eighth year in a row with a networth of $21 billion, while moving up one place on the global rich list that has been topped once again by software czar Bill Gates.

Microsoft's co-founder Bill Gates continued his reign as the world's richest person with a net worth of $75 billion, according to Forbes' annual ranking of billionaires, with Reliance Industries chairman Mukesh Ambani leading the pack of 84 Indian billionaires in 2016.

According to Bloomberg, Bezos's total net worth hit $65.05 billion on Thursday, pushing him past Berkshire Hathaway's founder Warren Buffett by $32 million.

Things are going to heat up in the fast fashion market.

A group of 15 centi-billionaires globally had fortunes collectively exceeding $2.2 trillion in 2024. Key figures included Elon Musk, Jeff Bezos, and Bernard Arnault, among others, each amassing wealth primarily through technology and luxury goods sectors. Musk led the list with $241 billion from Tesla and SpaceX investments.

Nvidia CEO Jensen Huang and Dell founder Michael Dell have exited the $100 billion club due to significant declines in their fortunes, impacted by market volatility and investor concerns. Both leaders have seen their net worth drop notably, with Dell losing $24.5 billion and Huang losing $19.2 billion this year.

Jerry Seinfeld holds the title of the world's richest comedian, his wealth surpassing many of Hollywood's A listed stars. The sitcom 'Seinfeld' made him famous. Earning nearly 15% from the show's sales, the syndication revenue largely contributes to his overall wealth. The star also appeared in various movies and comedy specials, with his current net worth surpassing that of stars including Shah Rukh Khan and Tom Cruise.

Mukesh Ambani was ranked 41st in the list that was topped by Bill Gates, whose personal networth stood at a whopping $68 billion.

Zara is now using AI to digitally alter model images, showcasing new outfits without costly reshoots. This move, mirrored by H&M and Zalando, aims for faster visual production. While brands assure AI complements human roles and respects model consent and pay, concerns linger about potential job displacement for creatives.

'Vaccine king' Cyrus Poonawalla's wealth grew the fastest among Indian billionaires and fifth fastest in the world during the COVID-19 pandemic because of the strong business potential of his company, Serum Institute of India, according to a report by Hurun Research.