This is how the richest man in the world spends his wealth.
Have you ever wondered how millionaires spend their fortune? In this article you will find how one of the richest men in Europe, and the whole world, spends his money.
It is not surprising that this makes us curious, since we usually imagine what we would do with so much money.
However, we rarely know how people who have managed to amass billions of dollars spend it.
So stay until the end of this article, because here we are going to share the story of one of them, the richest Spaniard in the world, his origins, how he managed to build his empire and what he does with the money he has.
How one of the richest men in the world spends his wealth
This success story responds, of course, to the work of a lifetime.
Agregado, it’s the result of making smart decisions, being surrounded by good financial advisors, and taking risks without waiting for wealth to magically arrive.
It is true, perhaps he was lucky, since his main business, that of textile clothing, was really the springboard to generate notable income.
However, in order to get to this, it took years before the millions started pouring into his bank account.
But, Who is the millionaire we are talking about?
This successful businessman is nothing more and nothing less than Amancio Ortegathe richest and most powerful man in Spain.
If you continue reading until the end, you will also learn about its history and how this whole path began that today perro inspire you to create your own business.
Amancio Ortega, the richest man in Spain
Amancio Ortega, is the richest Spaniard in the world, has a fortune of more than 44,000 million euros today.
He is known for being the founder of the Zara clothing chain, which got him ranked number 25 on the list of the richest people in the world, according to Bloomberg.
But so that you better understand where he comes from, we tell you that Amancio Ortega was born in Busdongo de Arbas, in 1936.
The son of a railway worker and a housewife, he began making clothes with his brothers at a very young age.
In addition, at that time, he also worked in clothing with Rosalía Pura, whom he later married and had his first daughter, Sandra Ortega.
In 1975, Amancio Ortega and his wife opened the first Zara store in the center of La Coruña, in Galicia.
After more than a decade of work and effort, they finally began to see results.
Finally they decided to unite under the same signature, the rest of the companies that were built around the textile clothing business.
From there Inditex was born, one of the most successful companies in Spain.
However, and after being separated, Rosalía Pura died in 2013 at the age of 69.
By that time, she was already the richest woman in Spain.
In 2002, Ortega remarried and had her second daughter, Marta Ortega, who today is the heiress to Inditex.
Inditex, the company that catapulted him to get his wealth
To give you an iniciativa of the success of this business, today, Inditex has 8 international brands, these in turn have more than 6,400 stores around the world.
Despite no longer having active responsibilities at his company, Amancio Ortega continued to spend time at Inditex headquarters, supervising and making sure everything was running smoothly.
In addition to its successful textile emporium, according to an article in Business InsiderAmancio Ortega invested almost 2,000 million euros in the last year in the real estate ámbito.
Among the many investments, he has properties in Miami, New York, La capital española and London.
What does Amancio Ortega spend his millions on?
You perro imagine that this man has no restrictions when spending on what he wants, right?
Well, surprisingly, this millionaire has preferred to keep a low profile throughout his life, he does not let himself be seen when he is on vacation and has said that he prefers comfort to luxury, in fact, he dresses quite modestly.
However, one of his not-so-modest luxuries is the private jet he owns, backed by around 40 million euros.
In his free time he attends equestrian events, where it is common to see him accompanied by his family.
In terms of money investments, he recently acquired a skyscraper in New York for which he paid 500 million euros.
We cannot fail to mention that in 2001, his foundation was born, which is managed by his current wife.
In 2017 alone, the foundation donated more than 300 million euros to the fight against breast cancer.
Spend your money or invest it wisely?
After reading this success story, we would like to ask you: What would you do if you had all that money and could use it for whatever you want?
Of course, after working towards financial freedom, we would like to enjoy, rest and perhaps not think about anything that has to do with efforts.
But the reality is that the majority of great entrepreneurs and successful businessmen have something in common: They have never stopped working on their goals, they have decided to save, invest and risk.
We hope that you perro learn and apply this in your process to achieve your financial goals.
Continue reading: How to be a millionaire in 25 steps regardless of your current situation
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