By all metrics of achieving success and the punditry. Amancio ortega is a brilliant businessman, yet there is so much we dont know about him despite his presence in so many aspects of our lives. Amancio ortega the owner and founder of zara who has kept low media profile but is the among top 5 richest people on earth. He started manufacturing textiles through a small family company in 1963 after some time he expanded his business and he opened the first store. In fact, they are the most uncomplicated people who follow their habits properly without fail, unlike others who tend to give up every now and then. His father worked on the railroad while his mother helped support the family by working as a maid. We have come a long way since 1963, when we started. The reclusive spanish billionaire behind zaras fast fashion. The humble life of zara owner amancio ortega is to be admired.
Sep 16, 2016 amancio ortega, founder of zara and retail giant inditex, went from rags to riches by following these rules. He is the founding chairman of the inditex fashion group he is best known for its chain of zara clothing and accessories retail shops. Amancio ortega, the spanish magnate who pioneered fastfashion retail, passed investor warren buffett to become the worlds secondrichest person. Its the first time the founder of inditex sa, the worlds largest clothing retailer, has occupied the no. Context zara is the worlds most successful fashion retailer and amancio ortega has done an awesome job of building one of the strongest brands in the world. Sep 20, 2016 how amancio ortega became the 2nd richest man in the world. When amancio ortega of zara became the worlds richest person surpassing bill gates, it wasnt the first time and it wasnt totally unexpected either. Amancio ortega has just bumped warren buffett off his no. Find out how this spanish billionaire rose to success and how, despite his fortune, he continues to. The reclusive spanish billionaire behind zaras fast. Meet amancio ortega, the worlds secondrichest person youtube. Latest amancio ortega news, photos, blogposts, videos and wallpapers. Who is amancio ortega the richest man in the world.
As per a report by cnbc, nadella in a recent interview said, that he doesnt separate. Ortegas first interview was in 2000 when he promoted zara. He is also famous for his chain of zara retail shops. Amazon ceo jeff bezos is now the worlds second richest person. Ortega s wealth is soaring even as his country battles an economic meltdown. The other billionaires in the top 10 list include facebook ceo mark zuckerberg, warren buffett, amancio ortega, and steve ballmer among others. Visitors are picked up from a coruna in chauffeurdriven cars and taken to the companys campus a 20minute drive away at arteixo, in the middle of the countryside. The paper discusses amancio ortega gaona a rich businessman and a leader who steered zara clothing company to success.
Inditex founder amancio ortega replaces bill gates as the. Mar 24, 2020 amancio ortega, spanish fashion executive and founding chairman 1985 of the spanish clothing merchandiser inditex, which was one of the worlds largest clothing retailers, especially known for the zara chain store. We are one of the worlds largest fashion retailers, with eight distinct brands. He is the founder and the ex chairman of inditex fashion group, which is popularly known for its chain of zara clothing and accessories retail. Apr 22, 2017 15 things you didnt know about amancio ortega subscribe to alux. Amancio ortega, founder of zara and retail giant inditex, went from rags to riches by following these rules.
Mr ortega is guarded about his private life and rarely grants interviews to the press. Amancio ortega zara miami real estate lincoln road miami. Oshea is ortegas lifelong friend, she runs a fashion school at the university of navarra. Research has unearthed that he came from a humble background, a family that was surviving on low income. Billionaire amancio ortegas inspiring story gq india. Spanish retail giant amancio ortega leapfrogged microsoft cofounder bill gates to become the richest person in the world, forbes reported on wednesday. There are rumors that amancio ortega daughter named marta ortega who is the richest woman in spain may be ortegas successor. At the tender age 16, he was already thinking about how to decipher clients wants, and more importantly, meet the eventual demand. In 2009, he became 73 years old and owning 60% of the stakes at inditex group. Amancio ortega bio, married, wife, net worth, ethnicity, salary married biography who is amancio ortega. The reserved family of amancio ortega, the discovered.
The humble life of zara owner amancio ortega is to be. In this video well try to answer the following questions. He is the richest person in europe and the wealthiest retailer in the world. He is one of the wealthiest retailers in the world. Others in the top 10 include ceo of berkshire hathaway warren buffett with a net worth of usd 86. Life of zara founder amancio ortega business insider. On wednesday, ortega beat out bill gates to become the richest person on earth, forbes reported. Amancio ortega is the thirdrichest man in the world, beating even warren buffett, but many people have never heard of him. Moreover, he is the richest man in spain his personal fortune is 18,300 million euros, occupying the position 10 in the list of international multimillionaires published by forbes magazine. The story of the genius behind the inditex group here. All men, mostly american the eight individuals who own as much as half of the rest of the planet are all men, and have largely made their fortunes. Money 8 life lessons from the onetime richest man in the world theres much to learn from this man of humble beginnings.
Thats really a lot of dollars, and its all from his fashion line and his business called inditex. Spaniard amancio ortega founded the worlds largest fashion clothing retailer, zara, in 1975 and saw it grow to 1,500 stores in 70 countries by 2012. Ortega who started out as a delivery boy for a local clothing store at 14 turned from a smalltown dress shop into one of the largest fashion. Aug 29, 2017 spanish retail tycoon amancio ortega briefly surpassed microsoft cofounder bill gates by mere millions of dollars to become the worlds richest person on tuesday afternoon. June 3 amancio ortega, the spanish magnate who pioneered fastfashion retail, passed investor warren buffett to become the worlds. In fact, in the 40 years since ortega founded inditex, the company behind retail chain zara, much about his life has remained remarkably.
Zara empire he built in his town a coruna, galicia, spain. As a working teen, ortega didnt take for granted any of his working experiences, and had a lightbulb idea that to earn good money, one should give customers what they want. Amancio ortega keeps swapping places with bill gates as the worlds richest, but how much do you know about the zara boss. Amancio ortega gaona, president and founder, does not have social media profiles and he does not carry out activities on social networks. Mar 14, 2020 amancio ortega, the cofounder of clothing company inditex inc. Amancio ortega gaona, best known as amancio ortega, was born on march 28, 1936 in leon, spain. Discover amancio ortegas ragstoriches story, where the man who founded zara and owned. Zara founder amancio ortegas empire is rooted in retail, so itd be no surprise if it were going the way of the current market. See more ideas about youtube audience, richest in the world, rich people. Nov 12, 2015 money 8 life lessons from the onetime richest man in the world theres much to learn from this man of humble beginnings. China topped the chart with 799 dollar billionaires while the united states is a distant second with 626 dollar billionaires. Amancio ortega gaona is a business tycoon from spain.
And it has helped in the success of zara, by xabier r. He founded the company with his exwife rosalia mera in the early 1970s and has been at t. Amancio ortega, the richest man in spain and founder of zara, is stepping down from his post as chairman of zaras parent company inditex, as announced at a company meeting this week, according to the guardian. Ortega founded fastfashion giant zara with his thenwife rosalia in 1975. He is the founder and former chairman of inditex fashion group, best known for its chain of zara clothing and accessories shops. Jun 06, 2015 the humble life of zara owner amancio ortega is to be admired despite being one of the worlds richest men, the tycoon behind zara still eats lunch with his employees in the company cafeteria. Unlike other rich people across the globe, he didnt have a head start. Ortega gaona does not make any investment recommendations or carry out fundraising actions.
Some of the success lessons from the worlds richest person amancio ortega are. Today, zara has 6,200 stores spread in 70 different countries. Sample term paper on amancio ortega gaona essay writing help. Today, his retail company inditex sa which owns zara, massimo dutti. Inditexthe group behind zara, massimo dutti, oysho, and bershkauisis. The latest being a local spanish journalist who has been tracking amancio ortegas career. This is important, because being close to home has helped ortega ra remember his roots. He is a selfmade man, who ventured into the world of fashion in 1975 with the launch of fashion label zara. Oyo rooms ceo ritesh agarwal becomes worlds 2ndyoungest. He is rarely photographed or interviewed, eats in his companys canteen and reportedly went 25 years without taking a. May 06, 2020 more information on the website of the fundacion amancio ortega speaking about his objectives. May 21, 2020 amancio ortega s wealth soars even as his country battles recession 01 nov, 2012, 06.
Spains unemployment is hovering around 25% as the country suffers its second recession since 2009. As of march 2020, ortega had an estimated net worth of. He founded the company with his exwife rosalia mera in. Amancio ortega nao da entrevistas e tem apenas uma unica imagem sua autorizada. The 83yearold stepped down as chairman of inditex, the owner of zara, in 2011. Amancio ortega biography in khmer by success reveal youtube. Amancio ortega married biography married biography. Get your kindle here, or download a free kindle reading app. Amancio ortega cars, house, yacht, and private jet duration. The reserved family of amancio ortega, the discovered news. Apr 29, 2014 amancio ortega is a famously publicityshy and unostentatious workaholic. Amancio ortega gaona biography linkedin slideshare.
Amancio ortega gaona story bio, facts, networth, family. The 76yearold spaniard fiercely guards his privacy and gives few interviews to the press. The book is about the authors insightful perspectives of inditex and ortega, based on interviews with ortega, senior management, and other employees. Amancio ortega zara europes richest life style, net worth, cars, house, private jets, life story and biography thanks for watching please subscribe our channel s. Mar 05, 20 ortega handed over chairmanship of the company to pablo isla in 2011 but is thought to retain an active role in the business. Amancio ortega gaona is the spanish chairmanfounder of the fashion empire, inditex group. Understanding the psyche of a successful person isnt difficult. Amancio ortega overtakes bill gates to become the richest person. Amancio ortega is the worlds thirdrichest person and is extremely publicity shy. He started manufacturing textiles through a small family company in 1963 after some time he expanded his business and continue reading amancio.
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