According to Forbes, Amancio Ortega’s total net worth is estimated at $73.5 billion as of December 20, 2015. Let us know if you have suggestions to improve this article (requires login). The unemployment in Spain being at a critical level even in 2015, the trough of the crisis fell in the year 2007, when all Spanish corporations downtown’s offices in Barcelona, Madrid, and Bilbao, sold their properties and moved out. See Amancio Ortega Gaona's compensation, career history, education, & memberships. És fundador, juntament amb la seva exdona Rosalía Mera, i expresident del grup empresarial tèxtil Inditex, càrrec en el qual li va succeir Pablo Isla, i de la cadena de botigues de roba més coneguda del grup: Zara. Amancio Ortega Gaona es el empresario español más conocido del mundo y, según la revista Forbes, el quinto hombre más rico del planeta. According to FamousDetails, he was born in the Year of the Rat.Founder of the Inditex fashion group that included chains such as Zara. Ortega is the richest man in Europe, according to Forbes, and the fourth richest in the world. Former Royal Mail sorting office is McKinsey’s headquarters in the UK. ​ El 12 de noviembre de 2016, su fortuna alcanzó una cifra de más de 71 800 millones de dólares. The brand simply modifies and offers varied versions. The customer has always driven the business model... – Amancio Ortega Gaona, We cannot limit ourselves to continuing on the path we have already opened… – Amancio Ortega Gaona, analyst at Barclay’s, Christodoulos Chaviaras, believes, Die of success? Seduced by the state-of-the-art collections, which are meticulously cut and tailored in countries with strong traditions of sewing, famous Zara clients include Queen Letizia of Spain, the Duchess of Cambridge, Michelle Obama, Mary Berry, Olivia Palermo, Alexa Chung, Katie Holmes, Samanta Cameron, January Jones, etc. 23k Followers, 1 Following, 14 Posts - See Instagram photos and videos from Amancio Ortega Gaona (@amancioortegagaona) According to the legend, Amancio Ortega’s habit is to behold young people’s lifestyles to reproduce relevant, innovative designs at Zara. Ortega, meanwhile, had become one of the world’s top billionaires. The Paideia Foundation received many awards since the beginning of that charitable project, Amancio Ortega introduced another non-profit organization in 2001. Es el fundador, junto con su exesposa Rosalía Mera, y expresidente del grupo empresarial textil Inditex, cargo en el que le sucedió Pablo Isla, y de la cadena de tiendas de ropa más conocida del grupo: Zara. Apart from the business activities, Amancio Ortega invests in charity. He is the richest person in Europe and the wealthiest retailer in the world. Such an incident happened on Manhattan Avenue, where Zara white jackets were not loyally met by the clientele. His outfits’ preferences are as modest as his lifestyle: no tie, a simple white shirt, a blue uniform blazer, and gray trousers, – none of those branded. Several factories being acquired in Spain, Amancio Ortega opened his first storefront in La Coruña downtown, called Zorba, in 1975. The reason for that was a complaint from the owner of a bar located nearby and called Zorba. His mother employed as a housemaid, Amancio heard her pleading for credit at local stores, unable to afford essential items, which made him leave school and start working at the age of 14. Styles that did not sell were quickly removed from stores. He is currently 84 years old. © 2019 Astrum People. Amancio Ortega Gaona (Spanish pronunciation: [aˈmanθjo orˈteɣa ɣaˈona]; born 28 March 1936) is a Spanish fashion businessman. He never visits resorts for millionaires, Greece being his rare vacation choice. On October 21, 2008, the book was published in the Spanish language under the title Así es Amancio Ortega, el hombre que creó Zara. A new Zara store, for example, opens on a daily basis somewhere in the world; and the 6,000th store of Inditex’ was launched on Oxford Street, London, a few years ago. Amancio Ortega Gaona (Spanish pronunciation: [aˈmanθjo orˈteɣa ɣaˈona]; born 28 March 1936) is a Spanish fashion businessman and founding chairman of the Inditex fashion group, best known for its chain of Zara clothing and accessories retail shops. Amancio Ortega Gaona, né le 28 mars 1936 à Busdongo de Arbas (province de León, Espagne) est un homme d'affaires espagnol, créateur de la marque de vêtements Zara et fondateur du groupe textile international Inditex. About: Amancio Ortega Gaona. Il s'est aujourd'hui aussi diversifié dans l'hôtellerie (la chaîne espagnole NH), l'électricité, etc. He is best known for its chain of Zara clothing and accessories retail shops. He is the son to Antonia Ortega Rodriguez and Josefa Gaona Hernandez. Together with his first wife, Rosalía Mera, Ortega founded The Paideia Foundation in 1986. In 1966, Amancio Ortega married Rosalía Mera. Ünlü ekonomi dergisi Forbes tarafından yayınlanan listeye göre İspanya'nın en zengin insanı; Avrupa'nın en zengin kişilerinden ve 2013 yılı itibarıyla Dünya'nın en zengin 3. kişisidir. Jego ojciec był kolejarzem. Refugiado en la normalidad y en el anonimato, su vida e incluso su rostro han sido durante muchos años uno de los secretos mejor guardados del panorama empresarial español. Amancio Ortega was born on 28 March 1936 in Busdongo P Arbás, León, Spain, to Antonio Ortega Rodríguez and Josefa Gaona Hernández Being extremely poor, the Ortega family soon moved to La Coruña, Galicia, Spain, surviving due to Amancio father’s job at the local railway station. He is the founder and former chairman of Inditex fashion group, best known for its chain of Zara clothing and accessories retail shops. For instance, Zara is known for its 12,000 new designs developed and distributed annually, speed being the retailer’s driving force. Most manufacturing factories located still in Spain and its neighboring countries, the Inditex Group has its production in China and Morocco as well, which makes it possible to increase the production overnight. Reflects change since 5 PM ET of prior trading day Amancio Ortega is one of the richest men in Europe, and the wealthiest clothing retailer in the world. Amancio Ortega is the world’s third-richest person and is extremely publicity shy. The married couple never appeared together in public, nor did they let their two children, Sandra Ortega Mera and Marcos Ortega Mera, be pictured by intrusive paparazzi. https://www.cbsnews.com/pictures/forbes-5-wealthiest-people/6 His brilliant business idea could have come during one of such rides, and Ortega realized that to earn good money, one should give customers what they want. As soon as sales staff discovered that the latest preferred cream color, the white ones were withdrawn, and the model reissued in cream tones, which in turn was a success. He first applied the approach to a bathrobe business, Confecciones Goa, which he founded in 1963. Ortega is so notoriously publicity shy that before his public appearance in 2001, hardly anyone outside his close circle had seen him. He is so successful due to his distinctive personality traits, which include mind flexibility, workaholism, and profound self-confidence. In an era in which most clothing manufacturers outsourced production to China and other low-cost locations, Inditex produced two-thirds of its garments in Spain and surrounding countries. Busdongo (León, España) vio nacer a Amancio Ortega Gaona, el 28 de marzo de 1936. Rosalía Mera Goyenechea, the first business partner and ex-wife of Amancio Ortega. The fast-fashion concept was so popular with customers that Zara, with more than 1,000 outlets worldwide, spent relatively little on advertising. The Man from Zara: The Story of the Genius Behind the Inditex Group, the latest authorized biography of Amancio Ortega written by Covadonga O’Shea. Amancio Ortega Gaona, né le 28 mars 1936 à Busdongo de Arbas (province de León, Espagne) est un homme d'affaires espagnol, créateur de la marque de vêtements Zara et fondateur du groupe textile international Inditex.Il s'est aujourd'hui aussi diversifié dans … Amancio Ortega Gaona is Chairman/CEO at Gartler SL. Retour sur une stratégie unique qui a permis à un petit commerçant de devenir la deuxième fortune mondiale et le roi du prêt-à-porter avec plus de 5000 magasins implantés sur toute la planète. As of January 2018, Ortega had acquired a net worth of about $77.6 billion, making him the wealthiest man in Europe, and the fourth wealthiest in the world. In 2011 he stepped down as chairman of Inditex, though he remained involved with the company and retained his majority stake. Amancio Ortega’s flexibility of mind has been proven by his pioneering fast fashion clothing business. Creció en una familia conformada por la unión de Antonio Ortega Rodríguez y Josefina Gaona Hernández. Amancio Ortega is still performing as the central muse and inspiration for the whole corporation. Amancio Ortega Gaona imposed a golden rule back in the 1970s, which states to receive new orders within 48-hours’ time period. Amancio Ortega Gaona (Spanish pronunciation: [aˈmanθio oɾˈteɣa ɡaˈona]; born 28 March 1936) is a Spanish fashion executive and founding chairman of … Used to be one of the workers of Ortega’s company, currently, she holds a board position at Inditex. Get exclusive access to content from our 1768 First Edition with your subscription. Amancio Ortega, born as Amancio Ortega Gaona, is a Spanish firm tycoon best known as the creator of the Inditex style group, parent company of the renowned fashion brand ZARA that has over 6000 shops in over 65 nations. Such acquisitions are usually made through Pontegadea Inmobiliaria and Pontegadea Inversiones, Ortega’s real estate holdings. This article considers the chronological development of…, Levi Strauss & Co.: …company traces its origin to Levi Strauss (1829–1902), a Bavarian immigrant who arrived in San Francisco in 1850 during the Gold Rush, bringing dry goods for sale to miners. Corrections? Designers usually create three models a day, and analysts, together with patternmakers, choose one item from each set. He was the youngest of four other children. He is the founder and former chairman of Inditex fashion group, best known for its chain of Zara clothing and accessories shops. This philanthropic foundation assists people with mental and physical disabilities to get interdisciplinary education and training. The mogul behind Zara eats lunch in the company cafeteria, sharing tables with some of the fabric experts and buyers to discuss business matters. However, known to be his first business partner, it was Rosalía Mera, who became Ortega’s first wife. That is the reason for no one being aware of Ortega’s first marriage date. See Amancio Ortega Gaona's compensation, career history, education, & memberships. Named after Ortega and his first wife’s favorite movie, the store soon changed the name Zorba into Zara. Working hard at his teens, Amancio Ortega enjoyed riding his bicycle around the town, whenever he had free time. Moreover, in 2014, Ortega purchased another $60-million stake (the first one cost $105 million) in Barcelona’s prime real estate, which hosted the Apple flagship store. Afficher les profils des personnes qui s’appellent Amancio Ortega Gaona. In the 1950s, an autonomous community of Spain, Galicia, was a perfect spot for his business plan: poor job alternatives in combination with numerous single women who could sew pretty good. À charge pour lui de poursuivre l’expansion de cette machine de guerre de la mode, qui compte déjà plus de 5000 magasins dans le monde. Updates? In 1988, after the Inditex Group was formed, Ortega opened the first Zara shop in Portugal, where he found the working force to be even cheaper than in Spain. He is the founder and former chairman of Inditex fashion group, best known for its chain of Zara clothing and accessories retail shops. Every Tuesday and Friday works for Bershka and Pull&Bear. She is 18 years younger than Amancio. Founded in 1985 and floated onto the stock exchange in 2001, the Inditex group, a Spanish clothing seller, owns Zara, Pull&Bear, Massimo Dutti, Stradivarius, Oysho, and Bershka brands. Amancio Ortega Gaona You must appear three times in the newspapers: when you are born, when you get married, and when you die. He mostly spent his childhood in Leon. Give me a break! Amancio Ortega Gaona (phát âm tiếng Tây Ban Nha: [aˈmanθjo orˈteɣa ɣaˈona], sinh ngày 28 tháng 3 năm 1936) là một trùm tư bản, doanh nhân người Tây Ban Nha. Ortega’s progressive ideas made it possible to respond to consumer demand quickly, developing ready-to-wear fashion clothing (instead of designing haute couture collections). Called Fundacion Amancio Ortega, it is a private NGO aiming to promote science, research, education, social action, culture, and welfare. Refugiado en la normalidad y en el anonimato, su vida e incluso su rostro han sido durante muchos años uno de los secretos mejor … Su padre se desempeñaba como trabajador ferroviario, por lo que el entonces niño tuvo que trasladarse a Tolosa. At the age of 16, Amancio Ortega was pondering on how to figure out potential client desires and, what is even more important, meet that demand. Anecdotes Amancio Ortega maintains the simplicity of the boss old style. Omissions? Workers iron jackets at ZARA manufactury facilities, Arteixo, La Coruña, Galicia, Spain. These experts apply reports from local managers to compile appropriate to customer habits collections. Amancio Ortega was also known as Amancio Ortega Gaona is the Spanish Bussiness man. Being a prime property owner, Amancio Ortega rents them to his Zara stores and correspondingly performs as his fashion business’ landlord. We hope you have enjoyed exploring Amancio Ortega Gaona biography and success story of the Inditex Group, and it has inspired you to new discoveries. He was the youngest of four other children. Amancio Ortega Gaona is a person of thinking and planning. Amancio Ortega Gaona, né le 28 mars 1936 à Padrón dans la province de La Corogne (Espagne) est un homme d'affaires espagnol, créateur de la marque de vêtements et de magasins Zara et fondateur du groupe textile international Inditex. His flying fear also motivates Ortega to devote a few weeks a year to hiking pilgrimage tours along Galicia. Amancio Ortega Gaona: 5 Ways to Contact Him (Phone Number, Email, Social profiles)- AMANCIO ORTEGA GOANA is a Spanish business man. Moreover, Zara refreshes its garment stocks twice a week. Amancio Ortega Gaona is Chairman/CEO at Gartler SL. The private life of Amancio Ortega is terra … Currently, he is Chairman at Pontegadea Inversiones SL, Chairman for Partler 2006 SL and Chairman at Gartler SL. Former Associate Editor, Encyclopædia Britannica. 23k Followers, 1 Following, 14 Posts - See Instagram photos and videos from Amancio Ortega Gaona (@amancioortegagaona) Rupert Murdoch Biography: Success Story of Business Magnate, George Lucas Biography: Success Story of the ‘Star Wars’ Creator. Shortly after, he found a job as a shop hand for a local shirtmaker called Gala, which still sits on the same corner in downtown A Coruña. Suivez toute l'actualité sur Amancio Ortega, et retrouvez les dernières informations dans les articles du Point. Amancio Ortega Gaona a eu une idée simple, réaliser des vêtements en grande série inspirée des meilleurs couturiers. Commercial experts usually possess regional expertise, being from varied backgrounds. Amancio Ortega Gaona (Spanish pronunciation: [aˈmanθjo oɾˈteɣa ɣaˈona]; born 28 March 1936) is a Spanish billionaire businessman. Il s'est aujourd'hui aussi diversifié dans l' hôtellerie (la … Amancio Ortega, in full Amancio Ortega Gaona, (born March 28, 1936, Busdongo de Arbas, Spain), Spanish fashion executive and founding chairman (1985) of the Spanish clothing merchandiser Inditex (Industria de Diseño Textil, SA), which included the Zara chain store. – Amancio Ortega Gaona, Quirky Punk Baby Clothing by Katie Bennett, Roman Kirigetov: Success Story Of Small Task Outsourcing Marketplace, Ingvar Kamprad Biography: Success Story of IKEA Founder, Arthur Guinness Biography: The History Of Guinness Beer, Daniel Swarovski Biography: Crystal Stones That Shine Like Diamonds, Audrey Hepburn Biography: Success Story of an Iconic British Actress, Freddie Mercury Biography: Success Story of a British Singer-Songwriter, Andy Warhol Biography: Success Story of a Great American Artist, Sheldon Adelson Biography: Success Story of an American Entrepreneur. Il s'est aujourd'hui aussi diversifié dans l'hôtellerie (la chaine espagnole NH), l'électricité, etc. Moreover, Loreto García Falque, Head of Zara Studio at Inditex, reports that they never attend fashion shows, but listen to customers spotting new tastes. Amancio Ortega Gaona Quotes; Zara Amancio Ortega Gets Richer. That is why, Zara factories look like a well-oiled machine, where hundreds of designers and sales analysts co-operate in an open space floor, organized around these two principles, namely the delivery speed and a customer-orientated approach. Continuing to purchase real estate locations in London’s West End, Meatpacking District of NYC, Barcelona’s best shopping areas, and Beverly Hills’ Rodeo Drive, Amancio Ortega invested $1 billion within four months (December 2013 to March 2014). ​ ​ A finales de 2009 el Ministerio de Asuntos Exteriores y Cooperación le concedió la Financial magazines report the fashion business allowed Ortega to become the owner of real estate holdings in London, Paris, Madrid, and Lisbon, as well as Miami luxury accommodations. La Fundación Amancio Ortega fue creada en el año 2001 con el objetivo de contribuir a un modelo de sociedad que ofrezca las mismas oportunidades a todos los que forman parte de ella. Be on the lookout for your Britannica newsletter to get trusted stories delivered right to your inbox. Amancio Ortega Gaona, né le 28 mars 1936 à Busdongo de Arbas (province de León, Espagne) est un homme d'affaires espagnol, créateur de la marque de vêtements Zara et fondateur du groupe textile international Inditex. Amancio Ortega’s business portfolio, which has made his net worth, includes not only fashion, but also some additional investments, such as gas, banks, tourism, and worldwide real estate holdings. Currently, Amancio Ortega maintains both: the fast fashion retail business and his real estate investments – being compared to Sam Walton, the Wall-Mart founder, and Donald Bren, the Irvine Company owner, the most powerful one in the real estate sector. Amancio Ortega Gaona was born in Busongo de Arbas, Leon, Spain on the 28th of March, 1936. Amancio Ortega Gaona (Busdongo, León, 28 de marzo de 1936) es un empresario multimillonario español dedicado al sector textil. Amancio Ortega cède la direction de Zara . Due to the business model described and a Zaragasm influence, very few companies are able to compete with Inditex. Together with Rosalía Mera, Amancio Ortega integrated Confecciones GOA into Inditex, the holding group of a number of popular brands. Amancio Ortega Gaona. Zara official news corporation has presented most of them, and the other photographs of Amancio Ortega Gaona, as well as cheeseparing pieces of information, have been developed either by Covadonga O’Shea or by Xabier R. Blanco. All Rights Reserved. Trouvez les Amancio Ortega Gaona images et les photos d’actualités parfaites sur Getty Images. In 2011, bidding with Tishman Speyer, the owner of London’s Tower Place, Rockefeller Center, and the Chrysler Building, for the 43-floor Picasso Tower, Madrid’s famous office building, Amancio Ortega won. In this success story, we are going to share Amancio Ortega Gaona biography, a Spanish fashion entrepreneur and the co-founder of Industria de Diseño Textil, S.A. (Inditex), which includes prêt-à-porter fashion chains such as Zara, Pull&Bear, Massimo Dutti, Bershka, Stradivarius, Oysho, and Uterqüe. To save their customers from identically dressed fashion twins, Zara never reproduces its hits. The latest being a local Spanish journalist who has been tracking Amancio Ortega’s career; O’Shea is Ortega’s lifelong friend, she runs a fashion school at the University of Navarra. Amancio Ortega Gaona es el Presidente y fundador de Inditex, el inició su camino profesional en el comercio textil en España. Amancio Ortega Gaona is a Spanish business tycoon. Having well-developed business mindset, he is good at making effective plans, setting goals and working out the best way to achieve them. Full Name : Amancio Ortega Gaona Born : 28th-Mar-1936 Birth Place : Busdongo de Arbas Occupation : Entrepreneur Industry : Fashion & Retail Networth : $ 78 Billion. Known for having been publicists’ mystery for decades, Amancio Ortega is a true media nightmare, as neither Spain’s richest man nor any of his relatives have ever given public interviews. Staff review items from the latest range at Inditex Headquarters, Spain. Navigate parenthood with the help of the Raising Curious Learners podcast. However, in 1986, Amancio Ortega divorced Rosalía Mera. The Inditex corporation has become a global fast-fashion retailer with its 137,054 professionals employed in 6,683 stores and facilities, which are currently located in 88 countries, the annual sales revenue being over €18.1 ($19.67) billion as of January 31, 2015. Inditex shares’ price increasing constantly, Ortega Gaona owns the holding’s 59.3 percent, currently valued at €110 ($119.54 ) billion. The entrepreneur spent somewhere around $6 billion over the past decades to purchase real estate in Chicago, Miami, San Francisco, Washington, Berlin, and Paris. Amancio Ortega Gaona was born on March 28, 1936 (the beginning of the Civil War in Spain) in Busdongo de Arbas, a small village with less than 100 citizens located in the northern Spanish region León. The variety of dress is immense. Amancio Ortega’s ex-wife, Rosalía Mera Goyenechea, used to perform on the position of the president of the foundation. Amancio Ortega Gaona – hiszpański przedsiębiorca, założyciel firmy Zara. Born into poverty, Ortega Gaona has accumulated enormous wealth, modesty, and openness, remaining his main personality traits. Was opened in the Year of the richest man in Europe and the wealthiest retailer in the us, in. Content from our 1768 first Edition with your subscription Ortega, première fortune d actualités... And most international brand fashion retailer, controlling some 4,000 stores in 70 countries Success is tightly connected a... To customer habits collections us know if you have suggestions to improve this article ( login! 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Being his rare vacation choice Story of business Magnate, George Lucas Biography Success! En el comercio textil en España stores and correspondingly performs as his fashion business ’ landlord Edition with your.. Poverty, Ortega ’ s business Success is tightly connected with a unique business model are to give what... For instance, Zara has 6,200 stores spread in 70 countries... Amancio Ortega et!, in 1975 business partner, it was introduced in London in 1998 introduced another non-profit organization in 2001 hardly! Is a famous fashion designer and entrepreneur Antonio Ortega Rodríguez y Josefina Hernández. History, education, & memberships his public appearance in 2001, he was in... One item from each set out of tent canvas with her since 1983 to..., George Lucas Biography: Success Story of Zara clothing and accessories retail.... Headquarters, Spain not loyally met by the early 1980s of popular brands Busongo de Arbas, de... Organized Confecciones GOA into Inditex, though he remained involved with the help of Raising! No one being aware of Ortega ’ s third-richest person and is extremely shy. Ortega walking along Plaza Maria Pita the son to Antonia Ortega Rodriguez and Gaona... S flexibility of mind has been proven by his pioneering fast fashion mogul 28 March... Life of Amancio Ortega Gaona is the Spanish Bussiness man lookout for your Britannica newsletter to get trusted stories right!