Amancio Ortega History

Amancio Ortega Gaona (Busdongo of Arbas, Leon, March 28, 1936) is a Spanish businessman dedicated to the textile sector. He is the founder (along with his ex-wife Rosalia Mera) and chairman of Inditex textile business group (Industrias de Diseño Textil Sociedad Anónima) until his succession by Pablo Island on January 10, 2011. Began in the haberdashery La Maja, thriving trade of A Coruña, where he found all the people who later would create his empire. Founded with his ex-wife Rosalia Mera Inditex, a company that currently presides, whose chain of clothing stores best known is undoubtedly the brand, Zara. Refugee normalcy and anonymity obsessed all his life and even his face has been for many years one of the best kept secrets of Spanish business.

It has the largest fortune in Spain, the No. 3 in Europe and 8th in the world by Forbes magazine (2006). In 2009, Amancio Ortega ranks as the eighth richest man in the world with 24 billion dollars.

His career in the textile world began at age fourteen in La Coruña as an employee of two well-known clothing stores. But it was in 1963 when the company creates Apparel GOA (his initials in reverse), dedicated to the manufacture of coats. The business grows steadily in this decade, the product is distributed to different countries europeos.En 1975 he opened the first Zara store in a central street in La Coruña. Begin to open their establishments throughout Spain and in 1988, with its store in Oporto (Portugal), began its international expansion in Europe, America, Asia, Middle East and North Africa. With the increased volume of business activities in 1985 establishing the Inditex group.

In 2001 she created the Fundación Amancio Ortega, a private non-profit organization that aims to promote all activities in the field of culture, research, education, and science.

Besides the textile business, Ortega has diversified its business initiative to other industrial sectors such as real estate, finance, car dealers or investment funds management. Her hobbies include equestrian known, cars and painting. Mark, the only son of Ortega, born with a severe disability and the employer to the foundation of Paideia, institution of support to children with disabilities, who leads his ex-wife, which broke up in 1986. After he married Flora Pérez Marchetto, an employee in a store.

Comment, those who know that Amancio Ortega claims to be an ordinary man, an enemy of the eccentricities and ostentation.

He is currently the number 9 on the list of billionaires by Forbes magazine.