Amancio Ortega Gaona Net Worth 2024

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About Amancio Ortega Gaona Net Worth

Amancio Ortega Gaona is a very rich businessman from Spain. He started a company called Inditex, which owns popular stores like Zara and Bershka that sell clothes and accessories. In November 2022, Ortega had about $62.9 billion, which made him the third richest person in Europe and the 18th richest person in the world. Back in 2015, there was a short time when he was the richest person in the world, even richer than Bill Gates. At that time, his net worth reached $80 billion because the value of Inditex’s stock, the company that owns Zara, went really high. Ortega is the leader of the Ortega family and the second richest retailer globally.

Amancio Ortega Gaona Net Worth

Amancio Ortega Gaona has an estimated net worth of up to $70 Billion.

Net Worth:$70 Billion
Date of Birth:March 28, 1936
Age:87 years old
Gender:Male
Profession:Entrepreneur, Businessperson
Nationality:Spain
CountrySpain
EthnicitySpanish
ResidenceProvince of León
ComplexionWhite

Not much information known about Amancio Ortega in the coming years, but when he was 36 years old, he started a company that sold soft, quilted bathrobes. The company was called Confecciones Goa, and it was established in 1972. However, Ortega’s real success story began three years later when he and his wife, Rosalia Mera, together opened their first Zara store. In the year 2000, Amancio Ortega made his first public appearance to prepare for Zara’s debut on the stock market in 2001. In 2009, Zara became a part of the Inditex group. Presently, the parent company owns and operates a whopping 6,000 stores and brands, including Massimo Dutti, Tempe and Bear. The Inditex group employs over 92,000 individuals.

Amancio Ortega Gaona Biography

Amancio Ortega Gaona was born on 28 March,1936 in Leon, Spain. He grew up in Leon until his father, a railroad worker, relocated the family to A Coruna to pursue job opportunities. Amancio Ortega was 14 at the time, and he left school when he moved to A Coruna. He soon found work at a local shop that made shirts on-site. Over the years, he learned how to make various clothes by hand, sparking his passion for fashion in the process. He left school and moved to A Coruña at the age of 14, due to the job of his father, a railway worker. Shortly after, he found a job as a shop hand for a local shirtmaker called Gala, which still sits on the same corner in downtown A Coruña, and learned to make clothes by hand.

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