Amancio Ortega Net Worth 2019: What Is The Second Wealthiest Man In Europe Worth?

Amancio Ortega Gaona is a Spanish businessman and one of the richest men not only in Europe but the entire world. He was born on March 28, 1936, in Busdongo de Arbás, León, Spain to Antonio Ortega Rodríguez and Josefa Gaona Hernández. He was married to Rosalia Mera from 1966 to 1986.

Amancio Ortega Net Worth 2019: What Is The Second Wealthiest Man In Europe Worth?

At the age of 69, Rosalia Mera passed away in August 2013. In 2001, Ortega married his second wife, Flora Perez Marcote.

In the year 2017, Ortega and his wife shifted to La Coruna, Spain.

He has three children, a daughter named Sandra Ortega Mera and a son named Marcos Ortega Mera with his first wife, and one daughter named Marta Ortega Pérez with his second wife.

Amancio Ortega holds the title of the wealthiest retailer in the world. He’s the pioneer and architect of fast fashion and the co-founder and former chairman of Inditex. He co-founded Inditex in 1975, which is mostly known for its fashion chain Zara, with his ex-wife Rosalia Mera.

Ortega opened the first Zara store in central Spain in 1975. The store was initially named as Zorba inspired by a film titled ‘Zorba the Greek’.. Zara launches new stores and over 12,000 new designs every year.

Ortega stepped down as the chairman of Inditex, but he owns about 60% of Madrid-listed Inditex, having eight brands including Stradivarius, Pull & Bear and Massimo Dutti, and 7500 stores across the globe.

Ortega has invested in real estate primarily in Madrid, Barcelona, London, Lisbon, Chicago, New York, and Miami, and he earns typically more than $400 million in dividends a year.

This media-shy billionaire has only granted interviews to three journalists to date, earning him the label of ‘secretive Spanish billionaire’.

Amancio Ortega Net Worth 2019

As of now, Amancio Ortega’s net worth has been estimated to be around $60 billion.

He is the wealthiest retailer in the world and the second wealthiest person in Europe, after Bernard Arnault who has a net worth of approximately $67 billion. He is also ranked at number 6 in Forbes list of The World’s Billionaires.

Ortega’s success is indeed an inspiring one as he rose from being nothing to become one of the wealthiest persons in the world.