| Name: | AMANCIO ORTEGA |
| Net Worth: | $118 billion |
| Source of Wealth: | Inditex / Zara |
| Born: | March 28, 1936 |
| Age: | |
| Country: | Spain |
| Wife: | Flora Pérez |
| Children: | Marta Ortega, Sandra Ortega Mera, Marcos Ortega Mera |
| Residence: | La Coruña, Galicia, Spain |
| Private Jet: | Gulfstream G650 (EC-LZU) |
| Yacht | Drizzle |
| Yacht (2) | Valoria B |
Amancio Ortega, the billionaire magnate, is most recognized as the founding force and major shareholder of the global Spanish retail empire, Inditex. Best known for its chic Zara brand, Inditex is a titan in the world of fashion. Born in March 1936, Ortega leads a fulfilling personal life, happily married to Flora Perez with three children – Marta Ortega, Sandra Ortega Mera, and Marcos Ortega Mera. His unparalleled success in the business world has earned him the title of the wealthiest man in Spain.
Beyond his significant commercial accomplishments, Ortega is a lover of luxury, owning grand yachts such as the Drizzle and Valoria B.
Inditex, a name synonymous with global fashion, stands today as the largest fashion group worldwide. With an impressive network of more than 7,200 stores, Inditex rakes in annual sales exceeding US$ 25 billion, providing employment to more than 162,000 individuals globally.
This colossal fashion empire was born as Confecciones Goa, a humble workshop that produced dresses and quilt dressing gowns. Within a decade, Ortega’s business acumen and vision saw the workforce grow to 500. 1975 marked a pivotal moment when Ortega launched the first Zara store. Today, Zara products are desired and purchased worldwide.
Massimo Dutti is another successful subsidiary under the Inditex umbrella. Specializing in clothing manufacturing, Massimo Dutti boasts a workforce of over 4,000 employees. Interestingly, the brand’s initial years were focused on men’s clothing alone.
Through his personal holding company Pontegadea Inversiones SL, Ortega maintains control over 1.8 billion shares or 59% of Inditex’s share capital. In 2016, his company received dividends amounting to more than $1.2 billion. These profits fuel Ortega’s investments in real estate, with an impressive portfolio featuring several luxury hotels, including a prestigious establishment in Miami.
Estimated at a whopping $118 billion, the net worth of this Spanish billionaire places him among the richest people in Europe. His staggering wealth places him on par with the likes of Bill Gates. There was even a brief period when Ortega surpassed all to become the richest man in the world.
Ortega’s influence extends beyond the business realm as he is also a dedicated philanthropist. Through the Amancio Ortega Foundation, he has invested generously into various charitable causes. Notably, in March 2017, the foundation made a commitment to spend $344 million towards the procurement of advanced breast cancer screening technology for public hospitals across Spain.
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Ortega also owns the smaller 47-meter yacht Valoria B. He uses her as a ‘local’ yacht near one of his Spanish residences.
https://www.forbes.com/profile/amancioortega/
https://en.wikipedia.org/wiki/AmancioOrtega
https://en.wikipedia.org/wiki/Inditex
http://www.dailymail.co.uk/Zara-
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.
La Coruna, Spain, is a captivating coastal city known for its rich history, stunning architecture, and vibrant culture. Situated in the Galicia region, this city boasts a picturesque setting by the Atlantic Ocean. Its iconic Tower of Hercules, an ancient Roman lighthouse, stands as a testament to its long and varied history. The city’s old town, adorned with narrow winding streets and traditional taverns, is a lively spot, offering delectable Galician cuisine.
La Coruna is also known for its beautiful beaches such as the Riazor and Orzan, which draw both locals and tourists alike. A key cultural hub, it is home to several museums, including the National Museum of Science and Technology and the Museum of Fine Arts. As the main city of the province, La Coruna is a thriving commercial and economic center, with a dynamic fashion industry, notably being the headquarters of the global fashion retailer, Inditex.
It also offers excellent educational institutions, making it a draw for students from around the region. The city is well-connected, with an international airport and excellent road and rail links. Whether for its history, food, culture, or natural beauty, a visit to La Coruna offers an enriching Spanish experience.
He was the owner of the Feadship yacht DRIZZLE. In 2022 Drizzle was listed for sale, asking EUR 76 million. The yacht was sold and is now named VASSA.
The Drizzle yacht is a 67-meter luxury vessel delivered by Feadship in 2012.
Designed by De Voogt Naval Architects, it mirrors its predecessor – a smaller 55-meter yacht also named Drizzle.
Powered by twin MTU diesel engines, the Drizzle can reach a top speed of 16 knots and has a cruising speed of 12 knots.
The yacht’s opulent interiors, designed by Redman Whiteley Dixon, can accommodate 10 guests with a dedicated crew of 19.
Originally named Twizzle, the 55-meter predecessor was sold and renamed multiple times before becoming known as Madsummer.
He uses the Gulfstream G650 with registration EC-
Up to a few years ago, he was using a Bombardier BD-
The Gulfstream G650 is a luxurious, long-range business jet produced by Gulfstream Aerospace. The G650 was first introduced in 2008 and quickly became one of the most sought-after business jets in the world due to its impressive range, speed, and spacious cabin. The G650 has a maximum range of over 7,000 nautical miles, making it capable of flying non-stop from locations such as New York to Hong Kong.
One of the standout features of the G650 is its cabin, which is both spacious and luxurious. With a height of over 6 feet and a width of over 7 feet, the cabin offers ample space for passengers to work, relax, and entertain. The cabin also features a variety of customizable features, including seating arrangements, lighting, and entertainment systems.
In addition to its impressive range and cabin, the G650 is also known for its high cruising speeds. The aircraft is capable of reaching speeds of up to Mach 0.925, making it one of the fastest business jets on the market. This speed, combined with its range, allows the G650 to cover large distances quickly and efficiently.
The last known list price of the Gulfstream G650 was approximately $75 million. This high cost reflects the advanced technology, spacious cabin, and impressive performance capabilities of the aircraft. Despite its high price, the G650 remains a popular choice for those who value speed, range, and comfort in their business jets.
The Gulfstream G650 is a top-of-the-line business jet that offers impressive range, speed, and comfort. Its luxurious cabin and high-performance capabilities make it a popular choice for those who demand the best in their business aviation needs. With a last known list price of $75 million, the G650 is a significant investment, but for those who can afford it, the aircraft provides a unique and unparalleled flying experience.
Super Yacht Owners Database 2025
