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5 entrepreneurs who lost billions of dollars in 2020

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ObleceniAmancio Ortega

top 5Loss: $8.95 billion

2020 negatively affected fortune of a Spanish businessman, billionaire and founder of Inditex Amancio Ortega. Inditex includes well-known clothing brands such as Zara, Pull & Bear, Bershka, Massimo Dutti and Stradivarius. The Spanish billionaire lost almost $9 billion. The loss of his fortune was caused by the closure of brick-and-mortar stores of all clothing chains and thus a massive drop in sales worldwide. Despite the significant losses that the founder of Inditex now is facing right now, his fortune remains at an impressive $66.5 billion.

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