Amancio Ortega Gaona is a Spanish billionaire businessman and the co-founder of Inditex, one of the world's largest fashion retailers and the parent company of brands like Zara, Pull&Bear, Massimo Dutti, Bershka, and Stradivarius, among others. He was born on March 28, 1936, in Busdongo de Arbas, Spain.
Ortega started his career in the textile industry in the 1960s, manufacturing and selling housecoats and lingerie with his first wife, RosalÃa Mera. In 1975, they opened the first Zara store in La Coruña, Spain. Under Ortega's leadership, Zara revolutionized the fashion industry with its fast-fashion business model, which emphasizes rapid production and distribution of trendy clothing items.
Over the years, Inditex expanded globally, with thousands of stores across more than 90 countries. As of my last update in 2022, Amancio Ortega has been recognized as one of the wealthiest people in the world, with a net worth that fluctuates based on market conditions and the performance of Inditex's stock.
Despite his immense wealth, Ortega has maintained a relatively private and low-profile lifestyle. He is known for his frugality and focus on work rather than extravagant displays of wealth. Over the years, he has also been involved in various philanthropic endeavors, supporting healthcare, education, and social welfare initiatives in Spain and other countries.
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