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Amancio Ortega
Amancio Ortega Net Worth is $38 Billion. Amancio Ortega Gaona is a Spanish fashion executive and entrepreneur with a net worth of $38 billion. He has accumulated this net worth through many years in the fashion industry and is most notable as the fou. Amancio Ortega Gaona (born M...

Amancio Ortega Net Worth is $38 Billion.

Amancio Ortega Net Worth is $38 Billion. Amancio Ortega Gaona is a Spanish fashion executive and entrepreneur with a net worth of $38 billion. He has accumulated this net worth through many years in the fashion industry and is most notable as the fou Amancio Ortega Gaona is a Spanish fashion executive and founding chairman of the Spanish clothing merchandiser Inditex. He is ranked by Forbes as Spain's richest man; Europe's second richest man; and the fifth richest man in the world in 2011. He currently lives with his second wife in a discreet apartment building in the centre of A Coruna.
Ortega was born in Busdongo de Arbas, Leon, and lived his childhood in Leon. He moved to La Coruna, Spain, at the age of 14, due to the job of his father, a railway worker. Starting as a gofer in various shirt stores in La Coruna, Galicia, in 1972 he founded Confecciones Goa , which made bathrobes. In 1975 he opened the first store in what would grow into the enormously popular chain of fashion stores called Zara. He owns 59.29% of the Inditex group which includes the brands Zara, Massimo Dutti, Oysho, Zara Home, Kiddy's Class, Tempe, Stradivariu...
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Amancio Ortega Latest News

The world's richest and their wealth

Microsoft's Bill Gates tops the big money list with a total wealth of $77 billion. The owner of the popular clothing brand Zara, Amancio Ortega, owns nearly $67 billion. The successful investor, Warren Buffet, follows behind with a fortune worth $60 billion.
Posted: December 4, 2016, 10:34 pm

Amancio Ortega is on a mission to own the world’s priciest addresses

What do you buy for the man who has everything? For Amancio Ortega, the world’s second-richest person by a long shot, the question is instead “How do I hold onto what I already have?” The news leaked late Friday afternoon that Ortega, acting through ...
Posted: December 8, 2016, 3:19 am

Spanish billionaire closes on $517 million deal for Miami’s Southeast Financial Center

Spanish billionaire Amancio Ortega opened his wallet to the tune of $516.6 million to buy the Southeast Financial Center, downtown Miami’s iconic office tower. Last year, Ortega, who owns fashion chain Zara, spent $370 million to buy a block on Lincoln Road.
Posted: December 6, 2016, 4:34 pm

World’s Second Richest Man Buys Miami’s Biggest Office Building

Amancio Ortega, the second richest man in the world, thinks Miami real estate is a good investment. Ortega just closed on the purchase of Miami’s biggest office building, the Southeast Financial Center, according to the Daily Business Review. The sale ...
Posted: December 5, 2016, 12:00 am

Zara Under Fire as Greens Warn EU Tax Dodging Still in Vogue

Controlled by Spanish billionaire Amancio Ortega, Europe’s richest person, Inditex posted 20.9 billion euros in sales last year, and has 7,100 stores in 93 countries. Other Inditex brands are growing, but Zara still accounts for two-thirds of sales.
Posted: December 8, 2016, 1:29 am
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