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Showing posts from August, 2017

Amancio Ortega Becomes The Richest Man In The World

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Despite claiming the title of the richest man in the world, Zara's founder, Amancio Ortega, is a man of mystery. On Wednesday, Ortega beat out Bill Gates to become the richest person on Earth, Forbes reported. Ortega currently has a $200 million edge over Microsoft co-founder Bill Gates, due in part to a particularly good week for the stock of Inditex, Zara's parent company. According to Forbes, Ortega has crowded the world's richest person three other times — but has always surrendered the No. 1 position within a day. Despite Ortega's enormous net worth, many people have never heard of him. He is an incredibly private man, is rarely seen in public, and has given just a handful of interviews throughout his incredibly successful career. That career began when Ortega founded fast-fashion giant Zara with his then-wife Rosalia in 1975. Today, his retail company Inditex SA — which owns Zara, Massimo Dutti, and Pull&Bear — has 7,385 outposts around the worl...

The Shocking Aftermath Of Hurricane Harvey In Texas(Photos)

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Harvey made landfall in Texas on Friday and ravaged the southeast coast before moving back off shore where it has thundered on for days. It returned to land on Wednesday, arriving on the state lines of Texas and Louisiana at 5am and bringing 10 inches of rain to Louisiana where preparations have been underway for days in anticipation of the deadly storm. There are 30,000 people in shelters across the state with another 10,000 expected to become displaced. The NRG stadium which hosted this year's Superbowl has opened its doors to the needy 30 people are confirmed dead but the official death toll is feared to be significantly higher. Dams in Houston have failed and water plants are swamped, making drinking water across some counties unsafe. A midnight to 5am curfew is in place to stop looters and other opportunistic criminals There are mandatory evacuation orders in places across five different counties. The cost of the damage by the time the storm h...