Fashion & Retail
Amancio Ortega
Estimated Net Worth
$61.3 Billion
Quick Facts
- Full Name Amancio Ortega Gaona
- Born March 28, 1936
- Nationality Spanish
- Primary Sources Inditex/Zara, Real Estate, Investments
Biography
Amancio Ortega co-founded Inditex, the world's largest fashion retailer and parent company of Zara, starting from humble beginnings as a railway worker's son in Spain. He revolutionized the fashion industry with fast-fashion concepts, rapid inventory turnover, and global expansion, building an empire of over 7,000 stores worldwide while maintaining a notoriously private lifestyle despite being one of Europe's wealthiest individuals.
Sources of Wealth
Inditex (Zara) Holdings
~$45 Billion
Majority stake in Inditex, the world's largest fashion retailer that owns Zara, Pull & Bear, Massimo Dutti, and other brands. The company operates over 7,000 stores in 96 countries worldwide.
Real Estate Portfolio
~$12 Billion
Extensive real estate investments through Pontegadea Inversiones, including premium properties in Madrid, London, New York, and other major cities, focusing on commercial and residential developments.
Dividends & Other Investments
~$4.3 Billion
Annual dividends from Inditex holdings plus various other business investments and financial instruments managed through his investment companies.