Amancio Ortega

Europe's richest man owns 59 percent of Inditex, the world's largest clothing retailer and owner of the Zara chain. Through his closely held investment companies, Ortega also owns office and retail property in major cities throughout Europe and the U.S. Since 2001, he has earned 2.5 billion euros in dividends. He stepped down as Inditex chairman in 2011.

Amancio Ortega News

Bill Gates Retakes World’s Richest Title From Carlos Slim

Bill Gates is once again the world’s richest person.
World’s Richest Drop $46 Billion as Ortega Beats Kamprad

The world’s wealthiest people lost a combined $45.7 billion this week, as the Standard & Poor’s 500 Index pared its worst weekly drop since November amid better- than-estimated earnings.
Ortega Tops Buffett With Zara Fortune of $53.6 Billion

Inside Inditex SA’s concrete-and- glass headquarters in the Spanish town of Arteixo, a lithe woman slips into a dress that a seamstress working amid buzzing sewing machines stitched together just minutes earlier. A half circle of designers -- looking like models themselves -- nod approval.
Buffett Takes World’s Third-Richest Title as Ortega Falls

Warren Buffett is once again the world’s third-richest person.
World’s Richest Lose $15 Billion as Buffett Beats Ortega

The 100 wealthiest people on the planet dropped $15.2 billion from their collective net worth this week as Cyprus struggled to ward off a financial collapse.
World’s Wealthiest Gain $31 Billion as Slim Preps for TV

The 100 wealthiest people on the planet added $30.5 billion to their collective net worth this week as stocks and bonds rose and commodities tumbled.
Gates Helps Australia’s Richest Man in Bid to End Slavery

Microsoft Corp. founder Bill Gates, who has gifted $28 billion to his charitable foundation, gave some simple advice to Australia’s richest man Andrew Forrest on his crusade to end modern slavery: find a metric to quantify it.
The World’s 200 Richest People

Bloomberg Markets’ inaugural list of the world’s richest people showcases the billionaires who pull the levers on the global economy. Their net worth totals $2.7 trillion, about the size of the gross domestic product of France, the fifth-biggest economy on the planet.
Mango Mirroring Zara Challenges Europe’s Wealthiest Man

Two years ago, Spanish retailer Mango could barely convince its employees to wear its dresses, skirts, and blouses, which many workers -- and customers -- thought were too formal.
Ortega Overtakes Buffett as #3 World's Richest

Aug. 7 (Bloomberg) -- Bloomberg Billionaires Editor Matthew G. Miller discusses how Spain's Amancio Ortega made his fortune. Miller speaks with Pimm Fox on Bloomberg Television's "Taking Stock." (Source: Bloomberg)