Ortega Birthday & Fun Facts

Height, Age, Net Worth, Biography & More

Akinwalere Olaleye
Feb 29, 2024 By Akinwalere Olaleye
Originally Published on May 19, 2022
Amancio Ortega is a popular name in the clothing industry. Amancio Ortega celebrates his birthday on March 28 every year, and his net worth is $70 billion.
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Read time: 5.5 Min

About Amancio Ortega

Amancio Ortega's full name is Amancio Ortega Gaona.
Amancio Ortega Gaona is a billionaire businessman from Spain. He founded and served as chairman of the Inditex fashion conglomerate, best known for Zara and Bershka apparel and accessory stores.
The well-known businessman enjoys working so much that he rarely takes vacations. He owns a Miami luxury condo and properties in Paris, Lisbon, London, and Madrid and has also made investments in the tourism industry and banks and gas firms. The self-made billionaire can be proud of several things. He drives an Audi A8 but owns a $45 million Bombardier Global Express BD-700 private plane. The well-known businessman enjoys working so much that he rarely takes vacations.

Net Worth, Earnings & Spending Habits

What is Amancio Ortega’s net worth?

Amancio Ortega's net worth is $70 billion.

How much does Amancio Ortega earn per year?

Amancio Ortega receives more than $400 million in dividends every year.

Height, Age & Physical Attributes

How tall is Amancio Ortega?

Amancio Ortega is 5 ft 7 in (173 cm) tall.

How old is Amancio Ortega?

Amancio Ortega was born on March 28, 1936, and is 86 years old.

Childhood And Education

Amancio Ortega was born in La Coruna, Spain, on March 28, 1936. His parents are Antonio Ortega Rodriguez and Josefina Gaona Hernandez. The siblings of Amancio are Josefa Ortega, Pilar Ortega, and Antonio Ortega, and his brother's name is unknown. He was born in Busdongo de Arbas and raised in Tolosa, Gipuzkoa of Spain.
Amancio Ortega has kept his personal life to himself, and he has avoided disclosing any personal information to the media or scholars. It is commonly known that Amancio struggled to keep up with his studies. He was just 14 years old when he had to drop out of school for personal reasons, and for his living, he worked as a shirtmaker.

Family, Romance, And Relationships

Who is Amancio Ortega's partner?

In 2001, he married Flore Perez Marcotte after divorcing his first wife, Rosalia Mera, in 1986. He has three children, but his daughter from his second marriage is rumored to be his successor.

Career And Professional Highlights

Best Known For…

Amancio Ortega began working in a garment shop in La Coruna at 13 because his mother (Josefina) was a homemaker and his father (Antonio) was a railroad worker in northwestern Spain. He began manufacturing women's bathrobes in 1963 with the help of his siblings and soon-to-be-wife Rosalia Mera, who hand-stitched some of the initial pieces in their house.
He established Confecciones Goa in 1972 to market quilted bathrobes. Amancio opened his first Zara store in 1975; currently, Zara is a subsidiary of the Inditex conglomerate, of which Ortega owns 59.29%. Zara store was first opened in A Coruna, Spain. He transformed the chain into a holding company called Inditex a decade later. Amancio and Mera divorced, and she was Inditex's second-largest shareholder until her death in August 2013 from a brain hemorrhage.
Ortega expanded into Portugal, France, and the United States from 1988 to 1990. In the following decade, he established the Bershka and Pull&Bear brands and acquired Stradivarius and Massimo Dutti. In a public offering in 2001, Inditex raised 2.4 billion euros ($2.7 billion). By 2010, the corporation has over 5,000 outlets in 77 countries. Zara, Zara Home, Massimo Dutti, Tempe, Stradivarius, Kiddy's Class, Bershka, and Pull & Bear are the brands that have more than 6000 stores.
In Europe, Amancio Ortega is well known for running Inditex. Inditex, which includes Zara and manufacturing units, was created in 1985. Ortega declared his impending retirement from Inditex in 2011, the parent firm of the Zara chain, and announced Pablo Isla, who was Inditex's vice-president and CEO, to succeed him and Ortega stepped down as Inditex's chairman. In 2016, he held over 60% of Inditex, the holding company for Zara and other associated brands. Inditex stated in November 2021 that his daughter Marta Ortega Pérez would take over as chairperson in April 2022.
When his first wife Rosaline Mare died in 2013, their daughter Sandra Ortega Mera received 89 percent of her mother's fortune, making Inditex's second-largest shareholder and Spain's wealthiest woman. Over the last decade, Ortega has put a large portion of his dividend income into office and retail properties in key cities across Spain, the United States, and Europe.
Since stepping aside as chairman in 2011, there has been conjecture that his daughter Marta Ortega Perez, who began her Inditex career as a salesperson, may take over the company one day. He owns the 'Torre Picasso' in Madrid, Spain's tallest building. The skyscraper has a height of 515 feet and a value of $535 million. In addition, he is the proprietor of 'The Epic Residences & Hotel' in Miami, Florida. These establishments are among the most wealthy in the country.

Charity Work

The Amancio Ortega Foundation was founded in 2001 to contribute to a model of society in which everyone has the same chances. Ortega made a €20 million donation to a Roman Catholic aid organization called Caritas Internationalis in 2012.

What awards has Amancio Ortega won?

The Spanish Association of Foundations awarded Amancio the Philanthropic Initiative category in 2017.

Amancio Ortega’s Hobbies And Interests

Amancio Ortego is interested in horseback riding. Apart from this, Ortega spends his leisure time raising chickens on his country's estate.

Other Interesting Amancio Ortega Facts And Trivia

  • Amancio is regarded as a forerunner in the field of fast fashion.
  • Ortega started Zara in La Coruna, Spain, about 40 years old. Ortega proposed the name Zorba, after his favorite character in the film Zorba the Greek, but it was not approved. Ortega eventually came up with the name Zara after mixing the letters (to be pronounced "Thara" in Spanish).
  • The first store of Zara outside Spain was in Portu, Portugal.
  • In Europe, Amancio is the second wealthiest person after Bernard Arnault.
  • With $54.3 billion in assets, he is the fourth wealthiest person on the Bloomberg Billionaires Index. This index measures personal wealth based on market, economic, and Bloomberg reporting changes.
  • Amancio is also known as the Spanish Fashion Executive.
  • Ortego's public appearances in 2000, which served as a warm-up for his company's IPO on the stock exchange in 2001, created headlines in the Spanish financial press.
  • Amancio is the wealthiest person in Spain.
  • Ortega has rejected interviews for years, preferring to live a tranquil life away from the spotlight.
  • He does not dress like the successful businessman he is; instead, he is frequently seen wearing a white shirt, grey pants, a blue blazer, and no tie.
  • Amancio's first wife, Rosalia Mera, was also his business partner.
  • Amancio Ortega is the executive chairman of Pontegadea, and his real estate assets include the Southeast Financial Center in Atlanta and the Haughwout Building in Manhattan.
  • The world's richest man was Amancio Ortega for a short time in 2015 after his company went public. Of course, stock prices decreased and returned to normal, putting him back in second place behind Bill Gates, but we believe he doesn't mind going through that traumatic experience. 
  • Amancio Ortega's daughter Marta is married to Sergio Alvarez Moya, one of the most famous equestrians in Spain.
     

Ortega Birthday & Fun Facts Facts

Birth Name

Amancio Gaona

Date of Birth

1936-03-27

Nationality

Spanish

Place of Birth

Busdongo De

Age

Height

173 cm

Eye Color

Black

Child Star?

No

Occupation

Businessman

Net Worth

70000000000

Partner

Rosalía Mera Goyenechea

Parents

Antonio Ortega Rodriguez,Josefina Gaona Hernandez

Siblings

Josefa Ortega,Pilar Ortega,Antonio Ortega.

Annual Earnings

400000000
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Written by Akinwalere Olaleye

Bachelor of Arts specializing in English Literature

Akinwalere Olaleye picture

Akinwalere OlaleyeBachelor of Arts specializing in English Literature

As a highly motivated, detail-oriented, and energetic individual, Olaleye's expertise lies in administrative and management operations. With extensive knowledge as an Editor and Communications Analyst, Olaleye excels in editing, writing, and media relations. Her commitment to upholding professional ethics and driving organizational growth sets her apart. She has a bachelor's degree in English Literature from the University of Benin, Edo State. 

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