Amancio Ortega, a Spanish businessman, is a supporter of the Inditex textile industry and served as its retired chairman.
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The fashion brand famously auctions off Zara accessories and clothing. Because he didn’t give much thought to how he dressed, Amancio lacked fashion sense while owning a clothes company.
Because of his business, Amancio is considered the richest trader in the world and the richest person in Europe. The Spanish tycoon once overtook Bill Gates and for a time held the title of the richest person in the world.
Like other well-known people, Antonio participates in charitable activities. In 2012, he gave almost €20 million to the Catholic charity Caritas. Many people are curious about how Amancio Ortega became the richest retailer in the world, as evidenced by his $70 billion fortune and net worth fortune, as well as how he got there.
Ortega Amancio Biography
Amancio Ortega Gaona was reared by Josepha Gaona Hernandez and Antonio Ortega Rodriguez. His parents reared him in Busdongo de Arbás, where he was born in 1936. The youngest of the couple’s four children, Amancio, resides with the other three.
When Amancio was around 14 years old, he left the school where he was now enrolled to pursue other interests. They had to move because of his father’s employment, and he had to start working too, specializing in clothing manufacturing at a shirt store.
The career of Amancio Ortega
When Amancio Ortega left school at the age of 14, he began his career in fashion. He decided to look for work in Corunna and learned how to hand-sew clothing because of the low level of life there. He launched his morning dress auction shop in 1972 as a result of his experience.
After he wed his first wife, the couple worked together to start a fashion company named Zara, which they grew until it was quite successful. It runs more than 6,000 outlets in 77 nations, including Kiddie’s Class, Pull & Bear, and Zara Home.
He holds roughly 60% of the equity in “Industrias de Diseo Textil Sociedad Anónima” (Inditex), which owns the company as a subsidiary. After leaving his position as the company’s CEO in 2011 and turning it over to Pablo Isla, he currently oversees his other businesses.
Amancio Ortega’s Accomplishments and Recognition
Amancio Ortega is one of the world’s top eight richest persons, yet he has not yet been recognized for his money.
Value of Amancio Ortega As of November 2022, Amancio Ortega has a net worth of $70 billion. He has been recognized as the richest person in Europe and the richest shopkeeper in the world. His business endeavor has raised his net worth.
His clothes business, Zara, which has more than 6,000 locations in 77 countries, is the largest contributor to his net worth. His net worth dramatically grew as a result of all these shops. Amancio Ortega reportedly earns about $400 million yearly. His rich possessions include apartments spread across several states and a horse jumping arena.
Amancio Ortega, one of the richest persons in the world, leads a straightforward life and maintains his privacy. He continues to run a successful business despite his advanced age, and in the upcoming years, we predict that his net worth will increase.
Ortega Amancio Wife and Married
Amancio had two children with his first wife, Rosalia Mera: a girl named Sandra Ortega and a son named Marcos Ortega who has cerebral palsy. His ex-wife, who was formerly regarded as Spain’s richest woman, passed away in 2013. His current spouse is Flora Perez Marcotte, and the couple has a daughter named Marta Ortega.
Ortega Amancio Height, weight, and age
As of 2022, Amancio Ortega will be 86 years old. He was born on March 28, 1936. He stands 1.73 m tall and weighs 78 kg.
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