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net worth of amancio ortega

Net Worth of Amancio Ortega 2022

Net worth of Amancio Ortega is heavily tied to his ownership of his clothing brand ZARA. As of 2021. the estimated net worth of Amancio Ortega is

61.8 billion USD

Who is Amancio Ortega

Amancio Ortega Gaona is a Spanish billionaire businessman. He was born on 28 March 1936. He is the founder and former chairman of the Inditex Fashion Group, known for its Zara clothing and accessories store chain. For a brief period in 2015, he was the richest man in the world, beating out Bill Gates when his net worth peaked at $80 billion when the stock price of Zara’s parent company. He is the head of the Ortega family and the second richest retailer in the world.

Also Read: Net worth of Bernard Arnault

Early Life of Amancio Ortega

Amancio Ortega was born on March 28, 1936, in Leon, Spain. He grew up in Leon until his father moved the family to A Coruna for career opportunities. Amancio Ortega was 14 years old when he dropped out of school and moved to A Coruna. He soon got a job at a local shop that made shirts. During his job, he learned to make a variety of clothes by hand. 

EARLY LIFE OF AMANCIO ORTEGA

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Net Worth of Amancio Ortega

The net worth of Amancio Ortega is mostly gained from his ownership of the Inditex group. As of 2021, the estimated net worth of Amancio Ortega is 73.2 billion USD. He currently is the 3rd richest person in Europe.

Business Career

Amancio Ortega founded the Inditex Group in 1963. Inditex owns Zara and other men’s and women’s retail apparel. He opened his first Zara store in A Coruña in 1975. He is also known as a pioneer in fast fashion. Amancio Ortega holds 59.29% shares of Inditex and has more than 6000 stores worldwide.

Companies Owned by Inditex

Inditex is one of the most famous fashion brands in the world. It owns 8 brands with more than 6000 stores in 216 markets.

 Zara

Pull&Bear

Massimo Dutti

Bershka

Stradivarius

Oysho

Uterqüe

Zara Home

 

 

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