We are happy to see you here, and we try to provide you best facts about AMANCIO ORTEGA.
Amancio Ortega Gaona(born 28 March 1936) is a spanish billionaire businessman. He is the founder and former chairman of Inditex Fashion Group, best known
for its chain of Zara clothing shops. In 2018 he is the 4th richest man in the world. So We concluded some most amazing facts about AMANCIO ORTEGA.
Here are the 16 interesting facts about AMANCIO ORTEGA.
Amancio Ortega Gaona (born 28 March 1936) 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.
Ortega is the wealthiest retailer in the world, as his company Inditex operates over 7000 stores including the brands Zara, Massimo Dutti,
Oysho, Zara Home, Kiddy's Class, Tempe, Stradivarius, Pull and Bear, Bershka.
He is famously known for keeping a very low profile due to his preference for simple lifestyle. He has declined interviews for years and it
took more than 20 years for his photo to be published.
His company Inditex, headquartered in Arteixo, Galicia, Spain, is said to produce over one billion pieces of clothes annually. Out of this
more than 270 million items are shipped only to the Zara stores, which is around 5 million items every week.
Ortega launched the first online boutique for ZARA on September 6, 2010. The website started catering its online services in Spain, the UK,
Portugal, Italy, Germany and France - six countries that were among the then most important of the company’s 76 markets.
He initially wanted to name the most popular clothing line Zara, as Zorba, after his favorite character in the movie "Zorba the Greek."
However, since he was not able to acquire permission for usage, he shuffled the letters and settled in the name Zara.
As of August 2018, Ortega had a net worth of $69.5 billion, making him the second-wealthiest person in Europe after Bernard Arnault, and the
fifth-wealthiest in the world.
At the age of 14, Ortega reportedly left his home to earn more money for his family, and started working for a shirtmaker, called Gala, by learning to make clothes by hand.
Zara is part of the Inditex group (Industrias de Diseño Textil Sociedad Anónima), of which Ortega owns 59.29%, and has more than 92,000 employees.
Though his fashion and real-estate ventures (he owns the tallest skyscraper in Madrid, the Torre Picasso, and the Epic Residences & Hotel in
Miami) keep him quite busy, Ortega also focuses on philanthropy.
His daughter Marta Ortega, 30, is the richest woman in Spain, and rumor has it she may be Ortega's successor. Marta recently married top Spanish
equestrian Sergio Moya in 2012.
His first wife, Rosalie Mera co-founded the company, passed away in 2013. She was the richest woman in Spain, at the time of her death. She
was also the world's richest self-made woman.
He is known for his typical attire of a blue blazer, white shirt, and gray trousers, none of which are Zara products. He refuses to wear a tie
at any circumstance.
In 2017, the Charity Foundation of Ortega will donate €320 million to Spain’s healthcare sector for the diagnosis and treatment of cancer.
He has a passion for horse riding. Apart from that, he is also known to spend his time raising chickens on his country estate.
Ortega reportedly eats lunch with his employees in the company cafeteria. He is said to visit the same coffee shop every day in La Coruña, the
Galician city on the North Atlantic’s windy coast, where he has spent most of his life.