Amancio Ortega Gaona Biography

Amancio Ortega, born as Amancio Ortega Gaona, is a Spanish business tycoon best recognized as the founder of the Inditex fashion group, the parent company of the famous fashion brand ZARA, which has more than 7,000 stores in over 90 countries. As of January 2018, Ortega had an estimated net worth of about $77.6 billion, making him the richest man in Europe and the fourth richest in the world at the time. He is also regarded as the wealthiest retailer in the world. Ortega, who earns more than $400 million in dividends annually, has investments in an extensive real estate portfolio that includes properties in cities such as New York, Miami, London, Barcelona, Chicago, and Madrid. The Spanish entrepreneur is known to be media-shy. This is why many people are unaware of him despite his role as the founder of one of the world’s leading fashion labels.