A 27 per cent surge in Inditex’s stock price this year has inflated 79-year-old founder Amancio Ortega’s fortune to $71 billion. That makes him richer than Warren Buffett and second to Bill Gates

Inditex, the world’s largest clothing retailer, said first-quarter profit rose 28 per cent, the fastest pace in more than two years, as the Zara owner(...)

H&M has moved into Zara-owner Inditex’s ‘fast fashion’ space by offering a bigger turnover of styles. Photograph: Susana Vera/Reuters

The families behind Zara-owner Inditex and H&M will need to fend off fast-moving competitors if they are to replicate online the winning formulae(...)

Microsoft co-founder and philanthropist Bill Gates has been deemed the world’s richest man by Forbes magazine, which said he had a net worth of $79.2 billion (€70.8 billion) in 2015. Photograph: Cole Burston/EPA.

Bill Gates’s net worth has increased by $3 billion over the last year to $79.2 billion (€70.8 billion), Forbes magazine said.That figure puts him at t(...)

Denis O’Brien grew his wealth by $800 million last year, according to Forbes, making him the second richest person in Ireland and the 234th in the world with a fortune of $6 billion. Photograph: David Sleator/The Irish Times

Denis O’Brien, the telecoms and media entrepeneur, added $800 million (€579m) to his fortune in 2013, according to the just published Forbes Bi(...)

Rosalia Mera co-founded Inditex with Amancio Ortega, her then husband, in their native Galicia as a manufacturer of bathrobes. They later turned to making women’s clothing and opened the first Zara store in 1975.

Rosalia Mera, a former Spanish seamstress who co-founded the Zara clothes empire and eventually became the country’s richest woman, has died aged 69 a(...)

Three of the world’s richest men, according to Forbes magazine’s annual list of billionaires worldwide: Warren Buffett, Carlos Slim and Bill Gates.

Forbes magazine published a special edition in March with the cover headline: “Bi(...)