Amancio Ortega Gaona
Amancio Ortega Gaona
net worth: $57 billion
Profession
: Entrepreneur | Businessperson
Date of Birth
: 1936-03-28
Country
: Province of León
ABOUT
Amancio Ortega Gaona is a Spanish fashion executive and entrepreneur who has a net worth of $57 billion. Amancio Ortega has accumulated this net worth through many years in the fashion industry and is most notable as the founder and owner of retail store Zara. Amancio Ortega Gaona has been characterized by his extreme secrecy and low profile despite the fact that he is the fifth richest person in the world behind Carlos Helu, Bill Gates, Warren Buffett, Ingvar Kamprad, Bernard Arnault and Larry Ellison. Amancio is the richest person in Spain and the second richest person in all of Europe. Ortega has never given a public interview, and in contrast to his work in the world of high fashion is most often seen in a pair of blue jeans and a T-shirt. Make no mistake, though: His low profile does not mean that he is a "do nothing" executive. He is said to have a major hands-on role in his company the Inditex group, which includes such respected fashion brands as Zara, Massimo Dutti, Oysho, Zara Home, Kiddy's Class, Tempe, Stradivarius, Pull and Bear/Often and Bershka. At 75 years old, though, Gaona has shown signs of slowing down. He recently announced his retirement from the day to day operations of Inditex, and that by the vice president and CEO of Inditex, Pablo Isla, will be taking his place at the head of the company.
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