Amancio Ortega is a Spanish entrepreneur who is the retired chairman and benefactor of the Inditex textile company. Zara embellishments and costumes are famously auctioned off by the fashion house. Despite owning a clothing store, Amancio lacked fashion sense because he didn’t care much about what he wore.
Amancio is regarded as the wealthiest trader in the world and the wealthiest person in Europe as a result of his business. The Spanish tycoon once outpaced Bill Gates and briefly became the world’s richest man. Antonio, like other public figures, is involved in charitable acts, having donated approximately €20 million to a Catholic organization called Caritas in 2012. Many people are interested in how the wealthiest retailer in the world has banked $70 billion as reflected on his net worth fortune and precisely what Amancio Ortega earns annually, as well as how he got there.
Quick Facts
| Celebrated Name: | Amancio Ortega |
|---|---|
| Real Name/Full Name: | Amancio Ortega Gaona |
| Gender: | Male |
| Age: | 86 years old |
| Birth Date: | 28 March 1936 |
| Birth Place: | Busdongo, Spain |
| Nationality: | Spanish |
| Height: | 1.73 m |
| Weight: | 78 kg |
| Sexual Orientation: | Straight |
| Marital Status: | Married |
| Wife/Spouse (Name): | Flora Pérez (m. 2001), Rosalía Mera (m. 1966–1986) |
| Children: | Yes (Marta Ortega, Sandra Ortega Mera, Marcos Ortega Mera) |
| Profession: | Businessman |
| Net Worth in 2022: | $70 billion |
| Last Updated: | July 2022 |
Amancio Ortega Biography
Josepha Gaona Hernandez and Antonio Ortega Rodriguez raised Amancio Ortega Gaona. He was born in 1936 in Busdongo de Arbás, where his parents raised him. Amancio is the couple’s youngest child, and he lives with all four of the couple’s children.
Amancio dropped out of his current school where he was pursuing his education when he was about 14 years old. Because of his father’s job, they had to relocate, and he had to start working as well, concentrating on making clothes at a shirt store.
Amancio Ortega Age, Height, Weight
Amancio Ortega was born on March 28, 1936, and is 86 years old as of 2022. His height is 1.73 m, and he weighs 78 kg.
Amancio Ortega
Career
Amancio Ortega career in clothing began when he dropped out of school at the age of 14. Due to their low standard of living, he chose to seek employment in Corunna and was taught how to sew clothes by hand. Following his experience, he opened his morning dress auction shop in 1972.
After marrying his first wife, the couple collaborated and launched a fashion house called Zara, which they continued to build until it became massive. It operates over 6,000 stores in 77 countries, including Zara Home, Pull & Bear, and Kiddie’s Class.
The company is a subsidiary of the ‘Industrias de Diseo Textil Sociedad Anónima’ (Inditex), in which he owns nearly 60% of the stock. He currently manages his other businesses after retiring as CEO of the company in 2011 and handing over his seat to Pablo Isla.
Amancio Ortega’s Achievements and Awards
Amancio Ortega has not yet received an award, but he is recognized for his wealth and is ranked among the world’s top eight richest people.
Amancio Ortega’s Net Worth In 2023
Amancio Ortega’s net worth is $70 billion as of April 2023. He has been named Europe’s wealthiest man as well as the world’s wealthiest retailer. His entrepreneurship venture has increased his net worth. Zara, his fashion company with over 6,000 branches in 77 countries, is the biggest contributor to his net worth. All of these stores increased his net worth significantly. Amancio Ortega is said to make around $400 million per year. Among his valuable assets are apartments in various states and a horse jumping section.
Amancio Ortega, one of the world’s wealthiest people, lives a simple life and keeps his personal life private. Even at his age, he is still active in business, and we anticipate that his net worth will rise in the coming years.
Amancio Ortega Wife, Marriage
Amancio married his first wife, Rosalia Mera, and they have two children together: Sandra Ortega, a daughter, and Marcos Ortega, a son who suffers from cerebral palsy. His ex-wife died in 2013, and she was previously known as Spain’s wealthiest lady. Flora Perez Marcotte is his current wife, and they have a daughter named Marta Ortega.
Categories: Biography
Source: HIS Education