Zara’s mysterious founder, Amancio Ortega, was the world’s richest man. His net worth peaked to $80 billion when Zara’s parent company Inditex’s stock peaked.
But when the stock went back down, Ortega went back to being the world’s second-richest man, a title he attained in June 2015. That’s no small feat: He was richer than Warren Buffet.
But despite his impressive net worth, many people have never heard of him.
The 79-year-old Spaniard fiercely guards his privacy and gives few interviews to the press.
Ortega founded fast-fashion giant Zara with his then-wife Rosalia in 1975. Today, his retail company Inditex SA — which owns Zara, Massimo Dutti, and Pull&Bear — has over 6,600 outposts around the world. Zara in and of itself is changing retail forever.
According to Bloomberg, Ortega’s net worth is a whopping $67.8 billion.
Amancio Ortega is the fourth man in the world, with a net worth estimated at $67.8 billion.
Source: Bloomberg
This is his second wife, Flora. The couple has been married since 2001.
Source: Bloomberg
In August 2013, his ex-wife and Zara cofounder, Rosalia Mera, died at 69. She was Spain’s richest woman.
Todd Williamson/Invision AP
Source: Associated Press
This is his daughter, Marta. The socialite is married to top Spanish equestrian Sergio Álvarez Moya.
Getty Images
Source: ThinkSpain.com
Ortega and his wife live in a discreet apartment building in La Coruña, Spain, near a major port of the Atlantic Ocean.
Source: Forbes
Kate Middleton is a huge fan of Zara’s designs and is often photographed in its clothing.
Getty
Source: Publico.es
Ortega is known for being private. In 2012, Bloomberg noted that he had only granted interviews to three journalists.
Source: Bloomberg
He also dresses modestly. He usually wears a simple uniform of a blue blazer, white shirt, and gray pants — none of which are Zara products.
He goes to the same coffee shop every day and eats lunch with his employees in the company cafeteria. Here’s a picture of Zara’s headquarters:
Reuters
Sources: Publico.es si adlatina.com
In his free time, Ortega enjoys horseback riding and owns an equestrian center in Finisterre in Galicia, Spain.
Getty Images
Source: Elite Choice
He also bought the tallest skyscraper in Spain, the Torre Picasso in Madrid. The building stands 515 feet and cost $536 million.
Source: Elite Choice
He owns The Epic Residences and Hotel in Miami, considered to be one of the best luxury hotels in the US.
Source: Elite Choice
Ortega drives an Audi A8 luxury sedan that is said to be more about comfort than luxury.
Audi
Source: Elite Choice
He also owns The Global Express BD-700, a private jet designed by Bombardier, one of the leading manufacturers of luxury private jets. The plane carries a price tag of $45 million.
Source: Elite Choice
But he rarely jets off on vacation. He says he loves working too much to take time off.
Xaume Olleros/Getty Images
Source: adlatina.com
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