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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 'Forbes' Top 10 Richest In The World

The company's stock has been boosted by the performance of Amazon Web Services. He also owns the Washington Post. Retail king Amancio Ortega is the richest man in Europe after founding the wildly successful fast fashion chain Zara. He set up the business w ...
Posted: April 23, 2017, 10:22 am

Inditex – Hot or Not

Inditex is a Spain-based company which trades as Zara. It is controlled by Amancio Ortega, one of the world’s richest people. It is listed in Madrid and has a market cap of EUR 105.7 billion, a PE of 33.5 and a dividend yield of 1.95 per cent.
Posted: April 12, 2017, 1:20 am

Amancio Ortega's UK property firm not put off by Brexit

Climbing: Pontegadea UK, the property business of Amancio Ortega, has seen the value of its London-led portfolio increase Jeremy Selwyn The UK property arm of billionaire Zara founder Amancio Ortega on Wednesday shrugged off Britain’s vote to leave the ...
Posted: April 19, 2017, 9:52 am

Amancio Ortega donate $350 million to help 200,000 people diagnosed with cancer every year in Spain

The Amancio Ortega Foundation announced Wednesday that it would donate 320 million euros (350 million U.S. dollars) to buy the latest equipment to fight cancer and install them in hospitals in all of Spain’s autonomous communities. The donation marks a ...
Posted: April 13, 2017, 1:00 am

Zara founder Ortega reclaims second spot in billionaire race

Zara founder Amancio Ortega reclaimed his spot as the world's second richest billionaire after Inditex SA rose 1.27%, lifting his net worth to $76.7 billion. Simultaneously, Amazon shares had plunged, reducing Jeff Bezos's net worth to $76.4 billion.
Posted: April 16, 2017, 3:08 am
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