The 10 Richest Persons in Retail Industry

BENGALURU: No one with a pulse would deny the fact that Retail sector is growing by leaps and bounds owing to the extensive application of trends such as mobility, cloud, analytics and consumer driven marketing. Although most of the credit goes to the cutting-edge technologies, one cannot negate the vast involvement of powerful brains behind acceleration in retail industry’s market value. Leveraging such intelligence and business acumen, these individuals have succeeded to raise their net worth beyond imagination and land into the list of top 10 richest persons in Retail. Let us know about these retail leaders and their businesses, as reported by Business Insider.       

Amancio Ortega

Also declared as second richest man in the world, Amancio Ortega holds net worth of $66.8 Bn as a Founding Chairman for Inditex—Spanish multinational clothing company. Started out as a delivery boy for a local clothing store at 14, Ortega turned his small town dress shop into one of the world’s largest fashion empires. 

Ortega’s mounting wealth is linked to the growth of Inditex, which witnessed its stock rise by 34 percent in 2015. As a result of large profits, the company also inaugurated 230 new stores across 48 markets. In spite of their company’s broad market reach and enormous wealth, Ortega loves to stay humble and down to earth.

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