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All You Need to Know About Amancio Ortega, his Net Worth and his Yacht Drizzle

 

Yacht Length: 67 m (220 ft) – Guests: 10 in 5 cabins - Crew: 18 in 9 cabins - IMO: 1011719 - Displacement: 1,269t - Feadship - 2012 - Yacht Value: US$ 80 million -


Ortega Net Worth: US$ 66 billion - Owners Company: Inditex - Owners Country: Spain - He founded Inditex with his ex wife Rosalia Mera


Ortega is the richest person in Europe. He also owns the new Feadship yacht Valoria B.

10 Facts About Amancio Ortega you probably didn’t know


  1. He is founder and controlling shareholder of Inditex.
  2. Inditex is one of the largest fashion companies in the world.
  3. Inditex has more than 162,000 employees.
  4. In 2016 he received US$ 1.2 billion in dividends.
  5. His net worth is US$ 66 billion.
  6. This makes him one of the richest persons in Europe.
  7. In 2017 he donated $344 million for breast cancer-screening technology.
  8. He has owned several yachts, named Valoria or Drizzle.
  9. His latest yacht is a relative small (47 meter) Feadship named Valoria B.
  10. He also owns a US$ 75 million Gulfstream G650 private jet (EC-LZU).

Who is Amancio Ortega Gaona?Amancio Ortega

He is the founder and controlling shareholder of Inditex. Inditex is a Spanish retailer. It is known for his Zara brand. He was born in March 1936. He is married to Flora Perez. He has 3 children (Marta Ortega, Sandra Ortega Mera, Marcos Ortega Mera). He is the richest man in Spain.



He is the owner of the yachts Drizzle and Valoria B.




Inditex

Inditex is the biggest fashion group in the world. The company has more than 7,200 stores. It realizes more than US$ 25 billion in annual sales. Inditex has more than 162.000 employees.



The company started life as Confecciones GOA. It was a modest workshop making dresses and quilt dressing gowns for distribution. In ten years, the workforce grew to 500. In 1975 he opened the first Zara store. Zara products are sold over the world.




Massimo Dutti

Massimo Dutti is a clothes manufacturing company. It is part of the Inditex group. Massimo Dutti has more than 4,000 employees. In the early years the company only sold men’s clothing.




Amancio Ortega Net Worth

Ortega holds 1.8 billion shares or 59% of the share capital. He holds the shares through his personal holding company Pontegadea Inversiones SL.



In 2016 the company received more than US$ 1.2 billion in dividends. That was EUR 0.60 per share. He uses the dividends to invest in real estate. He owns several luxury hotels, including a hotel in Miami.




The net worth of the Spanish billionaire is estimated at US$ 66 billion. This makes him the richest person in Europe. He is almost as rich as Bill Gates.



For a short time he was the richest man in the world.




Amancio Ortega House

He owns several houses. He is said to frequently use a country house in La Coruna, Spain. His daughter Marta married there in 2012 with Spanish equestrian Sergio Álvarez Moya.



He and his wife Flora Perez also own a large town house near the marina of La Coruna.




Philanthropy

Ortega is an active philanthropist through his AmancioOrtega Foundation. In March 2017, the foundation pledged to spend $344 million. That was to acquire the latest breast cancer-screening technology for public hospitals across Spain.




Private Jet

Up to a few years ago, he was using a Bombardier BD-700 jet with registration EC-IBD. The jet was operated by Gestair. We are not sure which private jet he uses now. But if you know please send us a message.




Update: He uses the Gulfstream G650 with registration EC-LZU. The jet was delivered in 2014. And has a list price of US$ 65 million. The aircraft can accommodate 14 passengers.




Drizzle Yacht

The yacht Drizzle was delivered by Feadship in 2012. The 67 meter yacht is designed by De Voogt Naval Architects. The yacht is a replacement for the smaller (55 meter) yacht also named Drizzle.



The new yacht was styled similar and proportioned accordingly to the first Drizzle. The two yachts look like sisters. In the summer of 2017 the owner and his wife Flora were pictured by The Daily Mail. They were having a holiday on board their yacht Drizzle.



The yacht is powered by 2 MTU diesel engines. They bring her a top speed of 16 knots. She has a cruise speed of 12 knots. Her range is more than 4,000nm.




Yacht Drizzle Interior

Redman Whiteley Dixon is responsible for the interior of motor yacht Drizzle. She can accommodate 10 guests and has a crew of 19.




Yacht Twizzle

The 55 meter yacht was built as Twizzle. We think for UK business man Michael Bradfield. The yacht was sold to Ortega and named Drizzle. Upon delivery of the new Drizzle, the 55 meter was sold to  a Japanese. He named her Issana.



The Japanese owner sold Issana to US real estate developer Jeffrey Soffer. Soffer named her Madsummer.




Yacht Valoria B

Several Spanish news sites mention that the Feadship Femke is Ortega’s new yacht. We were in doubt at first. Since Femke does not seem to be a logic name for a Spanish billionaire.



But Femke is now named Valoria B. And that makes sense as he used to own a smaller yacht named Valoria. So indeed the Feadship Valoria B (built as Femke) is his new yacht.



We estimate the costprice of Valoria B at US$ 35 million. Valoria B is powered by 2 MTU diesel engines. Her top speed is 14 knots. Her cruise speed is 12 knots.




Yacht Charter

The boat is not available for yacht charter. And the yacht is not listed for sale.



Our yacht owners database has more info about yachts, the value of yachts, yacht owners, their source of wealth and net worth.




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Resources

https://www.forbes.com/profile/amancioortega/

https://en.wikipedia.org/wiki/AmancioOrtega

https://en.wikipedia.org/wiki/Inditex

https://www.inditex.com

http://www.faortega.org/

http://www.dailymail.co.uk/Zara-founder-AmancioOrtega-relaxes

https://www.feadship.nl/en/fleet/yacht/drizzle





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yacht Drizzle

 (photo: Raphael Belly)

DrizzleAmancio Ortega yacht

Photo by Peter Beentjes (Fleetmon)

Feadship Drizzleyacht Drizzleyacht Madsummer

The previous Drizzle, the 55 meter yacht. She is now named Madsummer

The yacht Valoria B

Valoria B yacht (ex: Femke)

Ortega’s new yacht: Valoria B, was built as Femke. Photo: Dutch Yachting

Ortega Private Jet

EC-IBD Ortega - Zara

His former private jet. A Bombardier BD700 with registation EC-IBD

Amancio Ortega House

Amancio Ortega house

His Country House in La Coruna

Ortega La CorunaOrtega town house

And his Town House

Follow the location of the luxury yacht Drizzle live

Amancio OrtegaAmancio Ortega private jet EC-LZU

Ortega’s private Jet. A Gulfstream G650 with registration EC-LZU

Valoria B yacht (Femke)

The new 47 meter Feadship yacht Valoria B

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Photo by Peter Beentjes (Fleetmon)

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EC-LZU Amancio Ortega Private Jet (G650)

Ortega’s Gulfstream G650 private jet, with registation EC-LZU

Amancio Ortega The Richest Man in Spain March 28, 1936 https://www.superyachtfan.com/wpimages/wpf6731537_0a_06.jpg Inditex ZARA US$ 66 billion Flora Pérez Marta Ortega, Sandra Ortega Mera, Marcos Ortega Mera
La Coruna, Spain https://www.superyachtfan.com/wpimages/wp081a62d9_0a_06.jpg
yacht Drizzle https://www.superyachtfan.com/wpimages/wp5d3daec8_0a_06.jpg Built at Feadship, value US$ 80 million
yacht Valoria B https://www.superyachtfan.com/wpimages/wpe055b522_0a_06.jpg Built at Feadship, value US$ 35 million
Gulfstream G650 private jet https://www.superyachtfan.com/wpimages/wpd19238d5_0a_06.jpg EC-LZU