Amancio Ortega, born as Amancio Ortega Gaona, is a Spanish business tycoon best recognized as the founder of the Inditex fashion group, the parent company of the famous fashion brand ZARA, which has more than 7,000 stores in over 90 countries. As of January 2018, Ortega had an estimated net worth of about $77.6 billion, making him the richest man in Europe and the fourth richest in the world at the time. He is also regarded as the wealthiest retailer in the world. Ortega, who earns more than $400 million in dividends annually, has investments in an extensive real estate portfolio that includes properties in cities such as New York, Miami, London, Barcelona, Chicago, and Madrid. The Spanish entrepreneur is known to be media-shy. This is why many people are unaware of him despite his role as the founder of one of the world’s leading fashion labels.
Spanish Celebrities Born In March
Also Known As: Amancio Ortega
Age: 89 Years, 89 Year Old Males
Spouse/Ex-: Flora Pérez (m. 2001), Rosalía Mera (m. 1966–1986)
children: Marcos Ortega Mera, Marta Ortega, Sandra Ortega Mera
Born Country: Spain
Billionaires Fashion Entrepreneurs
Founder/Co-Founder: Fundación Amancio Ortega, Confecciones Goa, Zara, Inditex
Amancio Ortega began his career as a shop hand for a shirt maker called Gala and learned to make clothes by hand. He then founded Confecciones Goa in 1972, and began selling quilted bathrobes. Three years later, he, along with his first wife, Rosalía, opened the first Zara store. The store was a success and this motivated Ortega to open several more Zara stores across Spain in the following decade. The label Zara is part of the Inditex group.
Amancio Ortega was born on March 28, 1936, in Busdongo de Arbás, León, Spain, to Antonio Ortega Rodríguez and Josefa Gaona Hernández as the youngest of their four kids. He spent his childhood days in León. At the age of 14, he left his school and moved to A Coruña due to his father’s job.
