Amancio Ortega Gaona

Chairman and CEO, Dell Technologies

Recent News:Amancio Ortega of Spain is one of the wealthiest clothing retailers in the world. A pioneer in fast fashion, he cofounded Inditex, known for its Zara fashion chain, with his ex-wife Rosalia Mera (d. 2013) in 1975. He owns about 60% of Madrid-listed Inditex, which has 8 brands, including Massimo Dutti and Pull & Bear, and 5,000 stores around the world. In 2022, after working at Inditex for 15 years, his daughter Marta Ortega Pérez became chairperson of the company. Ortega earns more than $400 million in yearly dividends, which he reinvests primarily in real estate across Europe and North America. Spanish billionaire Amancio Ortega, the founder of Zara, has been investing in luxury real estate, logistics, and energy assets. Real estate In January 2024, Ortega bought a Dutch warehouse for €110 million that was previously leased to Primark. In 2023, Ortega's investment firm, Pontegadea, bought a Chicago apartment tower for €232 million. In 2022, Ortega's real estate portfolio increased in value by 19%. Ortega's real estate portfolio is the largest among Europe's wealthiest people. Logistics In 2023, Pontegadea bought logistics centers and buildings in Ireland, the Netherlands, and Luxembourg. In 2024, Pontegadea bought a logistics center in the Netherlands that was previously leased to Primark. Energy In 2023, Pontegadea nearly tripled its investments in renewable energy, reaching €693 million. Pontegadea has stakes in multiple renewable assets, primarily in Spain and France. Pontegadea also has a minority stake in Spanish gas grid operator Enagas. Ortega's investments diversify his fortune beyond his fashion empire and real estate ventures.