Amancio Ortega

Amancio Ortega: Biography in Details

Who is Amancio Ortega?

Amancio Ortega is the Spanish Chairman-Founder of the fashion empire, Inditex Group.

He is also famous for his chain of Zara retail shops.

He is one of the wealthiest retailers in the world.

Amancio Ortega: Age, Family, Siblings, Ethnicity, Education

Ortega was born on March 28, 1936, in Busdongo de Arbas, Leon.

His nationality is Spanish and his ethnicity is European.

His mother’s name is Josefina Gaona Hernández and father’s name is Antonio Ortega Rodríguez.

He has a brother Antonio Ortega and two sisters, Josefa Ortega Gaona and Pilar Ortega Gaona.

His dad was a railroad specialist. Here, Ortega started working for a shirtmaker and was educated in the specialty of clothing making.

Ortega’s youth was spent in Leon, yet when he was 14 years of age, his family moved to A Coruna.

He cleared out of secondary school at 14 years old.

Amancio Ortega: Professional Life and Career

During his career, Amancio Ortega got the local women to form cooperatives in 1972 and founded a company called Confecciones Goa.

After three years in 1975, Ortega opened his first apparel retail store along with his wife, Rosalía. So, he settled for Zara.

The store was a success and in the following decade, he opened several Zara stores across Galicia, Spain.

In 1963, he took the advantage of the economic environment and founded the company GOA. However, Zara was known for its high quality and reasonable cost.

Inditex Group went public in 2001 and made Ortega one of the wealthiest persons in the world.

Ortega has been described by his extraordinary mystery and low profile in spite of the way that he is one of the richest individuals on the planet.

Amancio Ortega is the wealthiest individual in Spain and the wealthiest individual in all of Europe.

Furthermore, he has a noteworthy hands-on part in his organization the Inditex gathering, which incorporates such regarded mold marks as Zara, Massimo Dutti, Oysho, Zara Home, Kiddy’s Class, Tempe, Stradivarius, Pull and Bear/Often, and Bershka.

At 75 years of age, however, Gaona has hinted at backing off.

He as of late reported his retirement from the everyday operations of Inditex, and that by the VP and CEO of Inditex, Pablo Isla, will be having his spot as the leader of the company.

Amancio Ortega’s the biggest shareholder of the Inditex gathering and after he retired from his post as Chairman of the organization, Pablo Isla had his spot as the CEO and Chairman.

Amancio Ortega is as yet a board individual from the Inditex gathering.

Amancio Ortega: Salary and Net worth

In addition, this businessman possesses a 59.3 percent stake in the planet’s biggest apparel retailer, Inditex which is the parent organization of Zara.

He has got more than $4.5 billion worth of profits since the organization’s IPO in 2001.

Ortega has put resources into land in the United States and Europe and possesses a property portfolio esteemed at $1.4 billion.

Moreover, the controls a 21.6 percent stake in land mammoth Grilse.

Amancio Ortega was named as the third-wealthiest individual in 2013 on the Bloomberg Billionaires Index.

He and Bill Gates were two of the wealthiest men of their time. Amancio has total assets of $71 billion.

Amancio Ortega: Rumors and Controversy

There are rumors that Amancio’s daughter named Marta Ortega who is the richest woman in Spain may be Ortega’s successor.

Body Measurements: Height, Weight

Amancio Ortega has salt-pepper hair and brown eyes.

Furthermore, there are no details regarding his body measurements.

Also, there are no details regarding his body weight and height.

Social Media Profile

Amancio Ortega is active on Facebook, Instagram, and Twitter.

He has more than 20.5k followers on Facebook, more than 24.4k followers on Instagram, and 17k followers on Twitter.

Also get to know more about Stella McCartney, Marc Jacobs, and Nicole Richie.

Amancio Ortega's Birthday Dates