Meet the richest man in fashion, who made $19 billion in the last year alone
Ortega's fortune is worth more than $82 billion, according to Retail Week. That's an increase of a whopping $19 billion from 2016, thanks to some smart investments and expensive real estate purchases.
But despite his enormous net worth, many people have never heard of him.
Ortega is an incredibly private man, is rarely seen in public, and has given just a handful of interviews throughout his incredibly successful career.
That career began when Ortega founded fast-fashion giant Zara with his then-wife Rosalia in 1975. Today, his retail company Inditex SA - which owns Zara, Massimo Dutti, and Pull&Bear - has 7,385 outposts around the world.
While Ortega is immensely private, we do know a fair amount about him. Here's everything you need to know about the richest man in fashion.
Ashley Lutz and Mallory Schlossberg contributed reporting to an earlier version of this article.
- I spent 2 weeks in India. A highlight was visiting a small mountain town so beautiful it didn't seem real.
- I quit McKinsey after 1.5 years. I was making over $200k but my mental health was shattered.
- Some Tesla factory workers realized they were laid off when security scanned their badges and sent them back on shuttles, sources say
- Why are so many elite coaches moving to Western countries?
- Global GDP to face a 19% decline by 2050 due to climate change, study projects
- 5 things to keep in mind before taking a personal loan
- Markets face heavy fluctuations; settle lower taking downtrend to 4th day
- Move over Bollywood, audio shows are starting to enter the coveted ‘100 Crores Club’