Billionaire’s Profile: Amancio Ortega

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A pioneer in fast fashion, he cofounded Inditex, known for its Zara fashion chain, with his ex-wife Rosalia Mera (d. 2013) in 1975.
He owns about 60% of Madrid-listed Inditex, which has 8 brands, including Massimo Dutti and Pull & Bear, and 7,500 stores around the world.
Ortega typically earns more than $400 million in dividends a year.

He has invested his dividends primarily into real estate in Madrid, Barcelona, London, Chicago, Miami, and New York.

 

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