El Corte Ingles Net Worth
El Corte Ingles made money by Celebrities niche. For all time, at the moment, 2016 year, El Corte Ingles earned $11 Million. Exact sum is $11000000.
Short biography, height, weight, dates:
Wikipedia Source: El Corte Ingles
El Corte Inglé-s S.A. , headquartered in Madrid, is the biggest department store group in Europe and ranks fourth worldwide. In 1934, the founders Ramó-n Areces Rodriguez and Cesar Rodriguez Gonzalez bought a tailor shop located on one of Madrids most central streets, calle Preciados, and made it into a limited company. At 15, Mr. Areces had migrated to Havana, Cuba, and worked at the famous retail chain Almacenes El Encanto, where he learned the basics of department store business. In 1940, he turned the shop into the current corporation El Corte Inglé-s, S.A.. On the death of Areces in 1989, his nephews, Isidoro Á-lvarez, who later became the president, Luis Areces Rodriguez and David Gonzalez Fernandez were named his successors and quickly became some of the most powerful men in Spain. In 1995, El Corte Inglé-s bought out its only serious competitor, Galerí-as Preciados, which had entered bankruptcy.