Amancio Ortega Gaona, a Spanish billionaire entrepreneur, is the founder and former chairman of Inditex, a fashion group renowned for brands like Zara and Bershka. Known for pioneering fast fashion, Ortega's net worth in September 2024 was estimated at $134.3 billion, making him the second wealthiest person in Europe and the eleventh wealthiest globally. Notably, in 2015, he briefly held the title of the world's richest person when Inditex's stock soared, propelling his net worth to $80 billion.
Amancio Ortega Gaona was born in March 1936.
In 1963, Ortega established Confecciones Goa, a company that specialized in selling quilted bathrobes.
Amancio Ortega married Rosalía Mera Goyenechea in 1966.
Amancio Ortega and his wife, Rosalía Mera, opened the first Zara store in 1975.
Marta Ortega Pérez, Amancio Ortega's daughter with Flora Pérez Marcote, was born in 1984.
Ortega and Rosalía Mera divorced in 1986.
The first photograph of Amancio Ortega was not published until 1999, highlighting his reclusiveness.
In 2000, Amancio Ortega made a rare public appearance in preparation for his company's initial public offering (IPO).
Ortega married his second wife, Flora Pérez Marcote, in 2001.
Ortega's company, Inditex, went public in 2001.
Amancio Ortega was honored with the Knight Grand Cross of the Order of Civil Merit in 2009.
By 2009, Zara was a significant part of the Inditex group, which included brands like Massimo Dutti, Oysho, and Bershka, with Ortega owning 59.29% of the company.
Ortega announced his retirement from Inditex in 2011, with Pablo Isla set to take over as head.
As of 2012, Ortega had only given interviews to three journalists, demonstrating his private nature.
Ortega donated approximately €20 million to Caritas Internationalis, a Catholic relief organization, in 2012.
Rosalía Mera, Ortega's first wife, passed away in August 2013 at 69.
In 2015, Amancio Ortega's net worth peaked at $80 billion, making him the richest person in the world for a short period.
The Spanish Association of Foundations awarded Amancio Ortega for his philanthropic initiatives in July 2017. He also donated €300 million to fight cancer in Spain, used to purchase 440 cancer detection machines.
Despite owning extensive real estate, Ortega primarily resided in his apartment in A Coruña, Spain, with his wife in 2017.
Pontegadea acquired a 5% stake in the energy company Enagás for €281.64 million in December 2019.
In July 2020, it was revealed that Ortega's property holdings, managed through his investment firm Pontegadea, were worth $17.2 billion.
In 2021, Amancio Ortega's fortune was estimated to be around 73.1 billion euros.
As of September 2024, Ortega's net worth reached $134.3 billion, making him the second-wealthiest person in Europe and the 11th wealthiest globally.
According to Forbes, Ortega's net worth was estimated at $103 billion in 2024.
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