Biography

AMANCIO ORTEGA– Biography, Age, Family, Net-worth & Businesses

AMANCIO ORTEGA– Biography, Age, Family, Net-worth & Businesses

AMANCIO ORTEGA – Biography, Age, Family, Net-worth & Businesses

AMANCIO ORTEGA– Biography, Age, Family, Net-worth & Businesses

WHO IS AMANCIO ORTEGA?

Amancio Ortega, born Amancio Ortega Gaona, is a Spanish business tycoon best recognized as the founder of the Inditex fashion group, the parent company of the famous fashion brand ZARA which has more than 6000 stores in over 65 countries. As of January 2018, Ortega had acquired a net worth of about $77.6 billion, making him the richest man in Europe, and the fourth richest in the world.

He is also the wealthiest merchant in the world. Ortega, who earns more than $400 million in dividends every year, has investments in an ever-expanding real estate portfolio that includes buildings in New York, Miami, London, Barcelona, Chicago, and Madrid.

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AMANCIO ORTEGA – Biography, Age, Family, Net-worth & Businesses

BIOGRAPHY

Amancio Ortega is the head of the Ortega family and is the 15th richest person in the world. He was born on 28 March 1986 in Spain. His father was Antonio Ortega Rodríguez and his mother was Josefa Gaona Hernández. His father was a railway worker. Amancio spent his entire childhood in Tolosa, Gipuzkoa. He was in his mid-school when he had to leave school due to certain reasons.

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He was just 14 years old then. His family then moved to A Coruna where Amancio had to find a job for himself to make a living. Amancio has always been a man to never reveals much about the happenings of his life. Even being the wealthiest man in Spain, Amancio is always witnessed to dress in a simple way.

WIKI – BIODATA

Real Name Amancio Ortega
Birth Place: Busdongo de Arbas, Leon, Spain
Date Of Birth 28 March 1936
Age 85 years old
Height In Centimeters – 173 cm
In Feet and Inches – 5’6”
Weight: In Kilograms – 84 kg
In Pounds – 170 lbs.
Eye Color: Black
Parents Name: Father – Antonio Ortega Rodríguez
Mother – Josefa Gaona Hernández
Marital Status: Married
Wife/Spouse Name: Flora Perez Marcote
Kids/Children  Yes (3)
Gender: Male
Profession: Spanish Businessman
Net Worth: $70 Billion
School: N/A
College: N/A
Religion: Christian

 

AMANCIO ORTEGA – Biography, Age, Family, Net-worth & Businesses

CAREER 

Amancio Ortega began his career as a shop hand for a shirt maker called Gala and learned to make clothes by hand. He then founded Confecciones Goa in 1972 and began selling quilted bathrobes. Three years later, he, along with his first wife, Rosalía, opened the first Zara store. The store was a success and this motivated Ortega to open several more Zara stores across Spain in the following decade. The label Zara is part of the Inditex group.
In 2011, Ortega announced his retirement from the Inditex Group, the parent company of the Zara chain. The following year, he donated about €20 million to the Roman Catholic relief organization, Caritas Internationalis.
Today, the Inditex Group owns several other renowned brands besides Zara, such as Zara Home, Massimo Dutti, Oysho, and Pull and Bear. It has over 90,000 workers.
Ortega is also the proud owner of the Torre Picasso, Spain’s tallest skyscraper worth $536 million. He has his own equestrian center and a private jet as well.

AMANCIO ORTEGA’S ASSETS

  • Home– Amancio Ortega being the richest person of Spain and the 15th richest person of the world has properties over various parts of the globe. The properties of Amancio include the “Torre Picasso” Skyscraper in Madrid along with the “Epic Residences and Hotel” in Miami, Florida. He is known to have resided in his apartment in A Coruna with his wife.
  • Car collection– Amancio is not known to have expressed much love for cars in any of his interviews. It is known from sources that Amancio has an Audi A8 and Mercedes in his arsenal. It seems that he is not very fond of cars. He also owns a private jet and yachts.

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AMANCIO ORTEGA – Biography, Age, Family, Net-worth & Businesses

 

FAMILY, MARRIAGE, AND PERSONAL LIFE

Amancio Ortega was born on 28 March 1936 in Busdongo de Arbás, León, Spain, to Antonio Ortega Rodríguez and Josefa Gaona Hernández as the youngest of their four kids. He spent his childhood days in León. At the age of 14, he left his school and moved to A Coruña due to his father’s job.
Talking about Ortega’s love life, he married his first wife Rosalía Mera in 1966. The couple got divorced in 1986. After this, the businessman went on to marry his second wife Flora Pérez Marcote in the year 2001. Today, Ortega is the father of three kids: Sandra Ortega Mera, Marta Ortega Pérez, and Marcos Ortega Mera.
He is known to be a down-to-earth man who stays away from the media glare. Ortega normally wears gray pants with a white shirt and blue blazer to work, none of which are Zara products. The Spanish business tycoon does not believe in wearing a tie. He also takes his meals at work in the company’s cafeteria along with his workers.
Ortega loves to go horseback riding in his leisure time.

 NET WORTH

The net worth of Amancio Ortega is estimated to be around $70 Billion USD. He has earned this amount of money being the founder of Inditex Fashion groups. He is known to be the third richest person in Europe after Francois Bettencourt Meyers and Bernard Arnault.

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Having this amount of wealth also makes him the 15th richest person on the planet. It has also been known that in 2015, Amancio Ortega became the world’s richest man surpassing Bill Gates when the net worth of Amancio became $80 billion as Zara’s parent company, Inditex. Amancio is known to be the richest person in Spain.


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