Ortega is worth an estimated $10.2 billion, according to Forbes.
Â He’s worth almost $70 Billion and he’s planning on buying Spain. Â If he goes after Spain, it will certainly be a big deal.
Amcio Ortega Gaona was born in 1961. He is the founder and former chairman of Zara fashion group. Zara is a brand of Inditex, a Spanish multinational fashion retailer headquartered in La Coruña. Ortega is one of Spain’s richest businessmen.
He is the second richest person in Europe, after the French billionaire Bernard Arnault.
He’s second richest person in the whole world after the American billionaire Larry Ellison.
He joined in his parents’ small grocery shop and he learned the trade by doing the errands for the business. He then started his own own shop one year later. At the age of 22, he started working as a clerk in the local municipal council. He spent a few years in the council before selling his share in the shop and moving away from it.
Ortega was a humble man, who lived a simple life. He loved his job and had a great passion for music. He was also extremely talented when it came to guitar, but never took music seriously. Instead, he would spend his free time playing on the balcony of his house, or smoking in his backyard. He was very close friends with another artist at the time, known only as José. His first professional album, produced by José, was recorded in a studio in Madrid. The album was never released, because after two days the tape was stolen by the studio engineer, and Ortega was left with no choice but to continue recording by himself.
The couple opened their first Zara store in 1972. Zara became a worldwide brand that was sold in every country in the world.
Zara owns more than 6000 stores worldwide and is an active fashion retailer, operating under the brands Zara, Massimo Dutti, Oysho, Zara Home, Tempe, Pull and Bear, Bershka and Stradivarius.
The Spanish financial press and the media in general were, however, very interested in the activities and work on the public market of the companies in which he was deeply involved, and a reporter was granted an interview with him during the first meeting of his company (which is where the news about his involvement in corruption was published).
While in 2011, it was speculated that he might resign and be replaced by his son-in-law, Isla instead took over the role of CEO, being the first non-family member to assume that role at the company.
But by 2016 he owned more than 60% of the company that owns Zara, so it’s worth $5.2 billion.
Amancio Ortega is a Spanish businessman who is the founder of Zara, the world’s largest fashion retailer, and the world’s fifth richest person according to Forbes. He made his billions in the 1990’s after acquiring the Zara brand out of bankruptcy.
Ortega’s father started the first Zara clothing store in 1968. Now, Zara owns stores in over 100 countries with over 25,000 employees.
Favorite Quotes From Amancio Ortega
I can’t put a stop to things, so the only thing I can do is to be extremely good at what I do.
I love being at work, it’s what I want to do.
I would consider that to be the best choice I can make.
“The huge progress made by our company has only happened because all of us at Ortega & Brother have worked with this goal in mind.” – Jose Ortega, Ortega & Brother S.A.
3 Rules for Success from Amancio Ortega
There are numerous lessons to be learned from the man, who is an example of how to succeed at wealth and personal development.
You should take inspiration from people who have achieved success.
1. Introverts can thrive as entrepreneurs
No, Ortega doesn’t need to be an introvert for his business to thrive. But he does need to be a good communicator, especially with customers.
You must appear in the newspaper three times: when you are born, when you get married, and when
You don’t need to be the life of the party to be able to run a profitable business.
2. Be humble and modest
Not only does it help you to build a good character but it also can help you to get to the top. You can succeed as long as you don’t forget about your humility and modesty.
If you have a habit of thinking that you’re better than other people then you’ll have more chance of becoming a great leader.
3. Good things come to those who wait
I wish I had 10 more years of life to establish my business the way that it is now.
I think patience is a very good quality to have. Some people can be quite impatient. Others don’t respond quickly to problems. Patience is one of the qualities that I am most interested in.
Amancio Ortega is a businessman that is behind some of the most famous fashion brands like Breshka, Zara and his own brand Tempe.
The net worth of Amancio Ortega is estimated to be about $70 Billion, making him one of the richest entrepreneurs in the world.