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The World's Top 10 Billionaires

7. Amancio Ortega

Net Worth: $31 billion UP
Source: Zara
Citizenship: Spain

Amancio Ortega stepped down as chairman of Inditex, the $15.8 billion (sales) fashion company, in January; he still gets 87 percent of his fortune from his stake in the publicly traded firm. The company, which operates under several brand names including Zara, Massimo Dutti and Stradivarius, has 5,000 stores in 77 countries. Ortega also owns properties in Florida, Madrid, London and Lisbon, a horse-jumping circuit, a stake in a soccer league; and has interests in gas, tourism and banks. Railway worker's son, he 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. Daughter Marta works for Inditex.

(Cabalar/EFE/Newscom)

More from Forbes:

The World’s Richest Women Billionaires 2011
The World’s Youngest Billionaires 2011
Notable Newcomer Billionaires 2011

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