Amancio Ortega Net Worth

Amancio Ortega net worth, How did the businessman acquire his wealth? Check this article to find out more about Amancio Ortega Net Worth, his career and relationship.

About Amancio Ortega

Amancio Ortega Net Worth

Amancio Ortega. – El Espanol

Amancio Ortega Gaona is a Spanish billionaire businessman. Ortega is the founder and former chairman of Inditex fashion group which is best known for its chain Zara clothing and accessories shops.

He is the second-richest individual in Europe after Bernard Arnault.

As of 2019, Amancio Ortega net worth is $60.3 billion. Read on to find out more about Amancio Ortega net worth.

Full Name: Amancio Ortega
Profession: Businessman
Date of Birth: March 28, 1936
Nationality: Spaniard
Age: 83
Net Worth: $60.3 billion

Amancio Ortega Early Life and Career

Amancio Ortega Gaona was born in Busongo de Arbas, Leon, Spain on the 28th of March, 1936. He is the son to Antonia Ortega Rodriguez and Josefa Gaona Hernandez. He mostly spent his childhood in Leon.

Ortega left school t an early age and moved to A Coruna at the age of 14. Not long after, he got a job as a shop assistant for a local shirtmaker called Gala, which still is located on the same corner in downtown A Coruña.

Manacio Ortega founded Confecciones Goa in 1972, to sell quilted bathrobes. A few years later he opened his first Zara store with his wife Rosalia Mera.

In 2009, Zara was a member of the Inditex group of which Ortega retained 59,29%, and aside from over 6,000 stores comprised the brands Zara, Oysho, Massimo Dutti, Pull and Bear, Zara Home, Tempe, Bershka and Stradivarius.

His public appearances in 2000, as part of the preparation before his company’s initial public offering on the stock market in 2001 made captions in the Spanish financial press. Ortega was, nevertheless, the only one who was ever allowed interviews to three journalists.

In 2011, Ortega publicised his impending retirements from Inditex, umbrella enterprise to the Zara chain, stipulating that he would ask Inditex vice-president and CEO Pablo Isla to assume his position.

As of 2016, he possessed around 60% of Inditex, which is the parent establishment for Zara and related chains.

Amancio Ortega Net Worth

As of 2019, Amancio Ortega net worth is one of the highest among businessmen in the world, with a net worth of $60.3 billion.

Amancio Ortega is one of the wealthiest businessman and fashion creator in Europe. He is the brain behind some of the most iconic brands such as Zara, Breshka, and Tempe.

Amancio Ortega Personal Life

Many businessmen are extroverts, but that is by no means essential to succeed. Many great businessmen are introverts and Amancio Ortega is one too.

Not much is known about the retail conglomerate because he puts in a lot of effort to circumvent having to speak to the press

 

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