RETAIL OR MERCHANDISING PRODUCES MOST BILLIONAIRES. SELLING STUFF IN OTHER WORDS.
New Bloomberg survey reveals most billionaires started out with retail stores and built outlet chains.
Between January and October of 2012, Ortega earned more than $18
billion -- that's around $66 million a day. During this short period he
usurped Warren Buffett to become the third wealthiest person in the
world with a net worth valued at $53.6 billion.
Ortega was born to a impoverished railway worker and had to drop out
of school at 13 to work. He began as a delivery boy for a clothing shop
and worked his way up to become a salesperson. While working retail
Ortega had the idea to sell inexpensive versions of quilted bathrobes,
claiming it was unfair that only wealthy woman could afford to dress
well. He used this as the founding principle behind the rest of his
retail ventures and built his empire on top of it.
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