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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

Zara's fast-paced fashion revolution that pays at till: Storming success for retailer's customer-focused designers

The Zorba retail store was born, named after Amancio and Antonio Ortega’s favourite movie, the 1964 blockbuster Zorba The Greek. But the name clashed with a drinking establishment just a few streets away and, with an early eye to thrift, the pair re-used ...
Posted: October 19, 2014, 1:55 pm

The Future of Zara Involves Fewer Cash Registers, Virtual Mirrors

Here are some of the wildest factoids pertaining to Zara's path to fast fashion domination: · Inditex founder Amancio Ortega's original name for Zara was Zorba, after the movie Zorba The Greek. When he found out that a local bar had the same name ...
Posted: October 20, 2014, 8:28 am

New fashion hub of the world

After all, isn’t Amancio Ortega Gaona, the Spanish founding chairman of the Inditex fashion group, (best known for its chain of Zara clothing and accessories retail shops) ranked the third richest person in the world by Forbes with a net worth of US$ ...
Posted: October 19, 2014, 7:43 pm

Zara founder Amancio Ortega Gaona buying first Canadian property in Toronto for $255-million, sources say

The Spanish billionaire behind the Zara retail banner is buying into Toronto’s upscale Yorkville commercial district, paying more than a quarter-billion dollars for 150 Bloor St. W., a 270,000-square-foot mixed retailing and office building, sources ...
Posted: June 26, 2014, 8:51 pm

Zara’s billionaire Amancio Ortega moves from retail to real-estate

Today it’s clearer than ever why Spain’s richest man, Amancio Ortega, stepped down as chairman of Inditex, best known for clothing giant Zara, in 2011: to focus on money-making real-estate business around the world, from New York to Madrid. While his ...
Posted: January 14, 2014, 12:00 am
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