Amancio Ortega

Amancio Ortega Gaona is a Spanish billionaire businessman. He is the founder and former chairman of Inditex fashion group, best known for its chain of Zara clothing and accessories shops.

  • Amancio Ortega is one of the richest men in Europe and the wealthiest retailer in the world.
  • A pioneer in fast fashion, he cofounded Inditex, known for its Zara fashion chain, with his ex-wife Rosalia Mera (d. 2013) in 1975.
  • He owns about 60% of Madrid-listed Inditex, which has 8 brands, including Massimo Dutti and Pull & Bear, and 7,500 stores around the world.
  • Ortega typically earns more than $400 million in dividends a year.
  • He has invested his dividends primarily into real estate in Madrid, Barcelona, London, Chicago, Miami and New York.