Richest Person

Amancio Ortega

Born:

Amancio Ortega, Who is a Spanish business tycoon,  Founder, and Chairman of Inditex fashion group was born on 28 March 1936 Busdongo de Arbas in Spain.

Family Background:

His Father Antonio Ortega Rodríguez, He was railway worker in Coruna. His mother was Josephine Ortega Gaona. Ortega has 3 siblings. He spent his childhood in Leon.

Personal Life:

Ortega has married twice. For the first time with Rosalía Mera, who co-founded Zara with him, He has 2 children with Rosalia whose names are Sandra Ortega Mera, Marcos Ortega Mera and then he married Flora Pérez Marcote in 2001. He has one child with Flora, whose name is Marta Ortega Pérez.

Education:

At age 14, His family moved to a Coruna, He had left his High school education at age 14.

Career:

In Coruna, He started working for shirtmaker and had learned to make clothes by hand. In 1972, he had been founded Confecciones Goa, Selling quilted bathrobes which Ortega produced using thousands of local women organized into sewing cooperatives. After three years, Ortega opened his first apparel retail store which name is Zara store with his wife, Rosalía in 1975. He wanted to name the store Zorba, but the name was already taken. So, he settled for Zara. Today, Zara has 6,200 stores spread in 70 different countries. Zara sells both Men’s and women’s clothes. They also sell shoes, cosmetics, and accessories. Recently they started with children’s clothes as well Ortega doesn’t like to keep the high-profile and he is known for his preference for a simple lifestyle. Ortega always wears a blue blazer, gray pants and white shirt to work, None of which ironically are Zara products. He does not believe in to wear a tie.  Till 1999, Most media outlets had not even published Ortega’s photographs. Amancio Ortega is the world’s third-richest person and is extremely publicity shy.

In 2000, The world got its first look of Ortega when his company decided to go public. Ortega loves horseback riding. He has his own equestrian center in Finisterre, which is located in Galicia, Spain.

In 2011, He announced his imminent retirement from Inditex, the parent company of the Zara chain. In 2015, Ortega had given $18 million to the health system in the Spanish region of Galicia. In 2017, The Charity Foundation of Ortega is to donate $320 million to Spain’s healthcare sector for the treatment of cancer.

Unknown facts:

  • He is famously known for keeping very low profile due to his preference for the simple lifestyle.
  • There are more than 200 employs in Zara creative team, to keep up with the fashion demand.

Controversy:

  • There are rumors that Amancio Ortega daughter named Marta Ortega who is the richest woman in Spain may be Ortega’s successor.

Achievements:

  • He is the largest stakeholders in the Inditex group.
  • Now, He served as a board member of Inditex group.

What can we learn from him??

Live simple life. If you want success in your life, you have to work hard and you never be disappointed in any situation.

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