Early Path from Humble Beginnings to Fashion Pioneer
Born in 1936 in León, Spain, Amancio Ortega started working at age 14 to support his family. He launched a small textile workshop in 1963, which evolved into Inditex in 1975, alongside his (now deceased) ex-wife, Rosalía Mera Форбсforbesrichest.com. His breakthrough came with the creation of Zara, embodying fast fashion’s responsive and trend-sensitive model. Today, Inditex operates brands like Massimo Dutti, Pull & Bear, Bershka, and Stradivarius, with over 5,000 stores globally Форбсforbesrichest.com.
Unwavering Wealth and Legacy
As of mid-2025, Ortega’s net worth hovers around $120 billion, making him not just the richest person in Spain but one of the top billionaires worldwide CEOWorldfineducke.comФорбс. He owns approximately 59% of Inditex through his family offices Pontegadea and Partler BloombergФорбс. His consistent annual dividend income exceeds €3 billion in 2025 alone ElHuffPostnewsoperator.com.
Diversified Investments Beyond Retail
Ortega reinvests heavily in real estate across Europe and North America, developing a portfolio exceeding $20 billion managed through Pontegadea ReutersprivateequityfundsnewsФорбс. Notable recent acquisitions include:
- A major Barcelona office building (€250M) Reuters
- The historic Hotel Banke in Paris, transforming into the Radisson Collection Hotel (opening summer 2026) Cinco Días
- A (€85M) four-star hotel in Amsterdam and a (€145M) energy-efficient logistics hub near Schiphol Cinco Días
- A second office building in Edinburgh (~£75M) with solid rental yield Cinco Días
However, Ortega isn’t immune to market shifts—he’s selling a Midtown Manhattan office for ~$50M, reflecting a ~60% loss from the 2006 price, amid broader NYC office market declines Нью-Йорк Пост.
Innovation and Sustainability at Inditex
Under the Inditex umbrella, the company established ambitious sustainability goals, such as achieving full use of preferred linen/polyester sources by 2025 and significant water and emission reductions by 2030–2040 AMANCIO ORTEGA.
They also partnered with California-based Ambercycle to develop “cycora,” a sustainably recycled polyester fabric, targeting production scale-up to 250,000 garments in three years El País.
Market Trends & Wealth Dynamics
Ortega’s net worth saw fluctuations—for instance, an $10.8B drop in March 2025 due to declining Inditex shares, still leaving him among the world’s wealthiest Nairametrics. Inflation-adjusted growth trends show persistent wealth growth of 13% CAGR since 2001 inflationtool.com.
A Legacy of Privacy and Family Succession
Though notoriously private, Ortega remains the largest figure in Inditex, now chaired by his daughter Marta Ortega Pérez since 2022 Форбсforbesrichest.com. His other children, including Sandra Ortega Mera, also maintain financial stakes and influence Diario ASCEOWorld.
Summary Table
Aspect | Details |
---|---|
Net Worth (2025) | ~$120 billion |
Ownership | ~59% of Inditex |
Dividends (2025) | Over €3 billion |
Real Estate Portfolio | Over $20 billion in global assets |
Recent Acquisitions | Paris Hotel Banke, Amsterdam hotel, Barcelona office |
Sustainability Goals | Linen/polyester sourcing 2025; major emission and water reductions by 2040 |
Leadership | Daughter Marta Ortega as Chairperson |