Amancio Ortega | $ 65 Billion
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Spain

Amancio Ortega

Co-founder & CEO,Inditex Group

Net Worth $ 65 Billion
Amancio
  • Birthday28th Mar, 36
  • Birth PlaceSpain
  • Marital statusMarried
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Born Amancio Ortega Gaona has an estimated net worth of $65 billion according to Forbes as of July 2014. Amancio Ortega a mystery for press and public alike and a publicist's nightmare, is Spain's richest man and one of world's top 10. Ortega is so notoriously publicity shy that before his public appearance in 2001, hardly anyone outside his close circle had seen him. The same level of secrecy was maintained by every family member during his first marriage. He never granted any interviews despite number of mails to his Organisation HQ from all the prestigious publications. His story is a truly inspiring rags to rich story, he was born in abject poverty to a railroad worker and a housemaid. He started as a delivery boy in a textile firm. He worked hard and learnt the basics of business overtime and eventually found success along with his wife when they co-founded ZARA. But, money never shifted his focus and he continued to work hard. He is a workaholic and likes to do his work himself and doesn't take vacations. Despite being owner of one of biggest fashion brand he likes to dress casually and does't give it too much attention. He divorced his first wife in 1986 and has two children from that marriage, but his daughter from his second wife is considered to be his successor. He was decorated with "Grand Cross of the Order of Civil Merit" in 2009 and in 2001 he announced his retirement from position of chairperson of Inditex group. Ortega owns a luxury apartment complex in Miami and has real estate holdings in Madrid, Paris, London and Lisbon. He has a horse-jumping circuit and also has made investments in gas, tourism and banks.

Quotes

  • "I'll keep working until the end".
  • Es difícil escribir un libro cuando no se tienen todos los datos de la empresa ( It is hard to write a book, which all the facts are not available on subject).
  • In the street, I only want to be recognised by my family, my friends and people I work with.
  • In the beginning, there were some things that resembled others, for example Chanel designs...today (Inditex) has 600 designers.
  • I consider that a society is enriched by the work and the contribution of all of its members. The desire to make a contribution from my experience has led me to start the Amancio Ortega Foundation.
  • The success of your business is based in principle on the idea of offering the latest fashions at low prices, in turn creating a formula for cutting costs: an integrated business in which it is manufactured, distributed and sold.
  • My true and simple desire is that, through the strategies and activities of the Foundation, the results of my life experience, both personal and professional, may reach all those members of the society who might be in special need of backing and encouragement.
  • The life experiences which have made me grown as a human being, an entrepreneur and a citizen are based upon a number of principles which I deem deeply valuable: Solidarity, Understanding, Commitment, Hard-work Reliability and Faithfulness.

Did you know?

  • Mr. Ortega doesn't like to surrounded by bodyguards, he likes to be a free man and walk without security.
  • Ortega's first public appearance was in 2001, before that no body had seen a pic of him.
  • Ortega is so publicity shy that he has given only one interview in his lifetime.
  • Amancio Ortega Gaona is Son of a railway worker and a house maid.
  • Ortega loves to dress casually in a blue jeans instead of executive suits.
  • Ortega's only Son is physically disable from birth.
  • Ortega hates to wear a tie and Zara executives also doesn't wear it, It is said the last time he wore a tie was at his wedding.
  • Even his company and one of world's largest retail textile brand is publicity shy like its owner. Zara has never conducted a publicity campaign. Word of mouth has been recommendation enough for their immense growth so far.
  • Ortega goes to work everyday when and rarely takes vacation, he hates to delegate work.
  • Even at age of 72, Ortega loves to spend two hours at gym in morning.
  • Through Pontegadea society, he has purchased real estate in all major cities of Spain and apart from that he also owns properties in five other major European capitals (Paris, Berlin, Rome, Lisbon and London).

Family & relationships

Amancio Ortega Estates and Homes (2)

Orzan

Zalaeta, Orzan Beach

Ortega lives here with his second wife Flora and his youngest daughter Marta.
A Coruna

Anonymous Apartment

Ortega lives in a regular apartment with his first life just like an average middle class man, irrespective of his wealth.

Amancio Ortega Yachts (1)

Valoria

Valoria yacht

Amancio Ortega bought this yacht for an estimated six million Euros. He has been spotted on this yacht along with his family quite a few times. The name of this yacht was kept in the honor of the town of Valladolid where his mother was born. This 23 year old yacht measures 31.50 meters in length and 6.38 meters in width. 

Ortega's yacht

Ortega's yacht
The yacht of the tenth richest man in the world at a shipyard

Amancio Ortega Private jets (1)

Global

Global Express BD700

Designed to fly long distances at high speed, the Global Express' can fly between any two points on the globe and need only one refuelling stop, while it can fly nonstop between intercontinental destinations. It can fly a flight crew of two plus one or two flight attendants. Any customized Global Express can seat from eight to 18 passengers and can be fitted with a galley, crew rest station, work stations, a conference/lounge/dining area, a stateroom with a fold out bed, toilet, shower and wardrobe. This twin engined business jet has a maximum speed of 950 km/h

Amancio Ortega Hobbies (3)

Horse riding

Horse riding

He loves horse riding, a trait which his youngest daughter also shares, He owns a equestrian center in Finisterre, Galicia, Spain.

Driving

Driving

His unofficial biography states that he is fond of cars.

No Image Avaialble

Incognito

Anualy Amacio Ortega spends huge amounts of his wealth to protect his privacy hense he is known to be an incognito around the world and through Spain. It is knwon that the media pictures cannot amount 200 because well kept secret of his movements. Most of the pictures are presented through his official news corporation of Zara.

Amancio Ortega Autos and Cars (1)

Audi

Audi A8

The A8 features Audi's innovative Quattro 4-wheel drive, along with a user friendly multi-media interface. This automobile is full in luxury, performance, dynamics and efficiency with 8-speed transmission. Exceptional features like adjustable suspension and other goodies make the Audi a prized possession amongst other cars.

Glowing red of the dashboard

Glowing red of the dashboard
Glowing red of the dashboard of Amancio's Audi R8

Steering wheel

Steering wheel
Carbon and metal shades on the steering wheel

Futuristic look

Futuristic look
R8's interior seems as functional as it is elegant and sleek

Amancio Ortega Wedding (2)

Rosalia

Ortega's marriage to Rosalia was such an discreet affair that even their year of marriage is not known to anyone, which is hardly surprising for couple who never appeared in public during their marriage and neither let their children get clicked by paparazzi.
Worker of his company

Amancio Ortega married Flora Pérez, one of the worker of his company with whom he already had a 17 years old daughter. She still works for Zara.

Flora Perez Marcote

Flora Perez Marcote
Amancio Ortega with his partner

Seconf wife of Amancio Ortega

Seconf wife of Amancio Ortega
Amancio with his second wife, Flora Perez Marcote

Amancio Ortega Holiday Destinations(Getaways) (1)

Marvelous Greece

Greece

Ortega loves his work so much that he rarely takes vacation. According to his biographer Covadonga O'Shea, whenever he takes summer break, he goes to Greece.

Amancio Ortega Cause (2)

Paideia Foundation

Paideia Foundation

Fundacion PAIDEIA was founded in 1986 by Ortega Couple and Ex Wife of Mr. Ortega is currently the president of Foundation. This foundation provides interdisciplinary training and education to people with physical and mental disabilities. Since its inception Foundation has received unanimous praise and many awards.
Fundacion Amancio Ortega

Fundacion Amancio Ortega

Set up in 2001 with an initial contribution of around €60 million, The AMANCIO ORTEGA FOUNDATION is a private non-profit institution which aims to promote culture, education, research, social action, welfare and science. Mr. Amancio Ortega Gaona currently serves as its president and his youngest daughter Mrs. Flora Pérez Marcote serves as vice president.

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