Amancio Ortega
Fashion and Retail

Amancio Ortega Net Worth

Amancio Ortega, born on March 28, 1936 in La Coruna, Spain, is the richest man in Europe and the wealthiest retailer in the world. He cofounded Zara parent Inditex with his ex-wife Rosalia Mera in 1975 and typically earns more than $400 million in dividends a year. His real estate portfolio includes buildings in Madrid, Barcelona, London, Chicago, Miami and New York.
Amancio Ortega is a member of Fashion and Retail

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.

2009 $18.3 Billion
2010 $25 Billion
2011 $31 Billion
2012 $37.5 Billion
2013 $57 Billion
2014 $64 Billion
2015 $64.5 Billion
2016 $67 Billion
2017 $71.3 Billion
2018 $66 Billion

Famous Quotes:

In the street, I only want to be recognized by my family, my friends and people I work with.

Biography/Timeline

1972

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.

1975

In 1975, he opened his first Zara store with his wife Rosalía Mera.

1999

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.

2000

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.

2011

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.

Some Amancio Ortega images

About the author

Lisa Scholfield

As a Senior Writer at Famous Net Worth, I spearhead an exceptional team dedicated to uncovering and sharing the stories of pioneering individuals. My passion for unearthing untold narratives drives me to delve deep into the essence of each subject, bringing forth a unique blend of factual accuracy and narrative allure. In orchestrating the editorial workflow, I am deeply involved in every step—from initial research to the final touches of publishing, ensuring each biography not only informs but also engages and inspires our readership.