Name
Amancio Ortega
Amancio Ortega
La Coruna, Spain
Spain
Zara
Zara, Self Made
$68,700,000,000
6
#6 Billionaires 2019
Amancio Ortega is one of the richest men in Europe and the wealthiest retailer 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.He has invested his dividends primarily into real estate in Madrid, Barcelona, London, Chicago, Miami and New York.
Ortega first began his career manufacturing textiles through a small family company in 1963.
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Rosalia Mera (d. 2013)
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