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| Businessman Amancio Ortega Image |
Born Amancio Ortega Gaona
28 March 1936 (age 79)
Busdongo de Arbás, León, Spain
Residence A Coruña, Spain
Nationality Spanish
Occupation Businessman
Known for Co-founder of the Inditex group
World's #4 wealthiest person (2015)
Net worth DecreaseUS$ 70.9 billion (August 2015)
Board member of Inditex (CEO) Daez (COO)
Religion Roman Catholicism.
Spouse(s)
Rosalía Mera (divorced)
Flora Pérez Marcote (m. 2001)
Children
Sandra Ortega Mera
Marcos Ortega Mera
Marta Ortega Pérez
Spaniard Amancio Ortega grew up the child of a railroad specialist and is currently the world's wealthiest retailer. He helped to establish Zara in 1975 with unmentionables and shower robes he and his previous wife Rosalia Mera made in their lounge room.
By the mid-1980s, he had taken Zara all over Spain and was prepared to extend abroad. As his realm developed, Ortega got the retail foundation off guard, promoting, growing forcefully, and controlling his very own lot inventory network.
Louis Vuitton style executive Daniel Piette once called Inditex "potentially the most imaginative and pulverizing retailer on the planet." Ortega fueled through the Spanish monetary emergency, expressly picking up $45 billion from 2009 to 2014 as his shares of Inditex opposed whatever remains of the Spanish securities exchange.
In the most recent decade, he has taken billions in Inditex profits and reinvested the cash into land in marquee urban areas, including Madrid, Barcelona, London, Chicago, Miami and New York.
