Age, Biography and Wiki
Birth Day | March 28, 1936 |
Birth Place | La Coruna, Spain, Spain |
Age | 87 YEARS OLD |
Birth Sign | Aries |
Residence | A Coruña, Spain |
Occupation | Businessman |
Known for | Co-founder of Inditex Group |
Board member of | Inditex (CEO) Daez (COO) |
Spouse(s) | Rosalía Mera (m. 1966; div. 1986) Flora Pérez Marcote (m. 2001) |
Children | 3 (including Sandra Ortega Mera) |
Net worth: $77.3 Billion (2024)
Amancio Ortega, a renowned figure in the world of fashion and retail, is estimated to have a staggering net worth of $77.3 billion in the year 2024. Hailing from Spain, Ortega has built an empire through his keen business acumen and innovative ideas. He is best known as the founder of the globally celebrated brand Zara, which propelled him to immense success. Ortega's immense wealth is a testament to his outstanding contribution to the fashion industry, his ability to adapt to changing consumer demands, and his dedication to delivering high-quality and affordable clothing. His remarkable achievements have made him an influential figure in the business world and a true icon in the fashion industry.
Famous Quotes:
In the street, I only want to be recognized by my family, my friends and people I work with.
Biography/Timeline
He left school and moved to A Coruña at the age of 14, due to the job of his Father, a railway worker. Shortly after, he found a job as a shop hand for a local shirtmaker called Gala, which still sits on the same corner in downtown A Coruña, and learned to make clothes by hand. In 1972, he founded Confecciones Goa to sell quilted bathrobes.
In 1975, he opened his first Zara store with his wife Rosalía Mera.
Ortega keeps a very low profile and is known for his preference for a simple lifestyle. Until 1999, no photograph of Ortega had ever been published. He refuses to wear a tie and typically prefers to wear a simple uniform of a blue blazer, white shirt, and gray trousers, none of which are Zara products.
His public appearance in 2000, as part of the warm-up prior to his company's initial public offering on the stock market in 2001, made headlines in the Spanish financial press. However, he has only ever granted interviews to three journalists.
In 2011, Ortega announced his imminent retirement from Inditex, parent company of the Zara chain, stating that he would ask Inditex vice-president and CEO Pablo Isla to take his place at the helm of the textile empire. In 2012 Ortega donated about €20 million to Caritas Internationalis, a Roman Catholic relief organisation.