Amancio Ortega is the founder and former chairman of Inditex fashion group, best known for its chains of Zara and Bershka clothing and accessories shops.
16 Facts About Amancio Ortega
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Amancio Ortega is the head of the Ortega family, and the second wealthiest retailer in the world.
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The youngest of four children, Amancio Ortega was born in Busdongo de Arbas, Leon, Spain, to Antonio Amancio Ortega Rodriguez and Josefa Gaona Hernandez from the province of Valladolid, and spent his childhood in Tolosa, Gipuzkoa.
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Amancio Ortega left school and moved to A Coruna at the age of 14, due to the job of his father, a railway worker.
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In 2011, Amancio Ortega announced his imminent retirement from Inditex, parent company of the Zara chain, stating that he would ask Inditex vice-president and CEO Pablo Isla to take his place as head.
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Amancio Ortega purchased the Epic Residences and Hotel in Miami, Florida.
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Amancio Ortega donated 300 million euros to fight cancer across Spain, which were invested in the purchase of 440 machines to detect the disease.
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Amancio Ortega is the executive chairman of Pontegadea, and real estate assets in his portfolio include Manhattan's Haughwout Building and Southeast Financial Center.
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Amancio Ortega was reported to have lost $10 billion as a result of the coronavirus pandemic.
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Amancio Ortega has been considered for years as one of the five richest men in the world, although currently he has been left out of the top 10 billionaires worldwide.
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Amancio Ortega is very private about his personal life, and as of 2012 he has only given three interviews to journalists.
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Amancio Ortega is very reclusive and keeps a very low profile.
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Until 1999, no photograph of Amancio Ortega had ever been published.
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Amancio Ortega married Rosalia Mera Goyenechea in 1966, they had two children, Marcos and Sandra Ortega Mera, the couple divorced in 1986.
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Amancio Ortega married his second wife Flora Perez Marcote in 2001, with whom he had a daughter, Marta Ortega Perez, in 1984.
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Amancio Ortega owns two yachts: "Drizzle" and "Valoria B", as well as a Gulfstream G650 jet.