$113.0B
$-2.40B
(-2.1%)

ES
· Age 89
Source of wealth: Zara
Industry: fashion-retail
Residence: La Coruna, ES
{
"bio": [
"Amancio Ortega of Spain is one of the wealthiest clothing retailers 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 5,000 stores around the world.",
"In 2022, after working at Inditex for 15 years, his daughter Marta Ortega Pérez became chairperson of the company.",
"Ortega earns more than $400 million in yearly dividends, which he reinvests primarily in real estate across Europe and North America."
],
"about": [
"Ortega first began his career manufacturing textiles through a small family company in 1963.",
"Ortega's real estate portfolio, which includes logistics, residential and office properties, rents to tenants including Apple, Amazon and Walmart."
]
}