Big Thinkers Series - Amancio Ortega – Cofounded - Zara fashion – EP 180
KaaGee Money
English - October 25, 2023 20:29 - 4 minutes - 4.1 MBEntrepreneurship Business Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
Amancio Ortega – Cofounded - cofounded Inditex
$86.1B
$367M (0.42%)
Real-Time Net Worth
as of 10/25/23
#13 in the world today
About Amancio Ortega
• Amancio Ortega of Spain is one of the wealthiest clothing retailers 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. In November 2021, Inditex announced that his daughter Marta Ortega Pérez will become chairperson in April 2022.
• He has invested his dividends primarily into real estate in Madrid, Barcelona, London, Chicago, Miami and New York.
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