Ortega news and archive

Ortega claims the title as the World's Richest Man again

Who says fashion doesn't pay has not met Amancio Ortega - the world's richest man. Founder of Spanish fast-fashion retailer Zara and majority shareholder of fashion conglomerate Inditex, Ortega has surpassed Microsoft's Bill Gates as the richest man in the world today - for the second time according to Forbes World's Billionaire ranking....

Business

First days of the year’s poor stock market performance whips off Amancio Ortega’s fortune

Amancio Ortega, founder of world’s largest apparel retail group, Inditex, has been badly affected by the poor trading of stock exchanges around the world over the first days of 2016. In fact, the world’s five richest people lost 8.7 billion dollars on Monday in a global stock sell off sparked by weak factory data in China and a flare-up in...

BusinessFeatured

Amancio Ortega to be the world's #1 billionaire by 2017

Amancio Ortega, the founder of the fast-fashion empire Inditex, could have never predicted the success of his Spanish fashion empire when he opened the first Zara store in 1975. Fast-forward 40 years later and Ortega is poised to surpassed Microsoft co-founder, billionaire Bill Gates in the Forbes Fortune 500 as the richest man in the world...