On 2 January, according to Bloomberg, the aggregate net worth of the world’s richest persons stood at $1.9 trillion at the market close on December 31.
John Catsimatidis, the billionaire owner of Red Apple Group said, “last year was a great one for the world’s billionaires…in 2013, they will continue looking for investments around the world…that will give them an advantage.” In comparison with 2011, the collective net worth of the richest people on earth was up by $241 billion.
According to the Bloomberg Billionaires Index, which daily indicates the first 100 wealthiest individuals in the world, Amancio Ortega was this year’s biggest gainer. The Spaniard, who founded retailer Inditex SA, increased his fortune from $22.2 billion to $57.5 billion as the shares of his company rose by 66.7 per cent. Inditex Group is a fashion corporation and owns many well-known firms such as Zara, Pull & Bear, Massimo Dutti, Bershka and Stradivarius. According to the company, Inditex’s net sales climb by 17 per cent to €11,362 million in 12 December 2012.
Carlos Slim, the telecommunications tycoon who owns Mexico’s America Movil, maintained the title of the richest person on Earth. In addition, according to Bloomberg list, the 72 years-old Mexican recorded the second biggest rise in gains, as his fortune rose by $13.4 billion until December 31. Slim, apart from Movil, owns the industrial conglomerates, Grupo Carso SAB and Grupo Financiero Inbursa.
U.S. software mogul Bill Gates, ranked second on the list, being behind Slim by $12.5 billion. The Microsoft co-founder added $7 billion to his net worth. Overall, as Bloomberg reports, of the 100 people who appeared on the final ranking of 2012, only 16 recorded a net loss for the 12-month period.