The billionaire, philanthropist, and founder of the Inditex Group, Mr
Amancio Ortega Gaona, is the third-richest men in the World
Amancio Ortega Gaona was born in 1936 in Busdongo Arbas (León, Spain);
Along with his former wife Rosalia Mera they created Inditex in 1963;
Today Inditex is one of the largest fashion companies in the World;
In 1972 he founded “Garments Goa Sa” (textile factory), in 1975 he created “Zara
Spain SA,” a distribution and retail
company (clothing for men, women, and children);
Ortega
currently, is the largest shareholder of the Inditex Group, publicly traded since 2001;
1985; creation of the Inditex Group;
1988, the Inditex Group started its internationalization, opening its first store in Portugal (Oporto);
In the nineties, the company has its stores around the world;
In 2001, the Inditex Group goes public;
Today the Inditex Group is considered the world's largest textile company;
From the beginning, his business vision is based on controlling the entire
value chain: production, distribution, marketing, and sales;
Forbes estimated that Ortega is the richest person in Spain and Europe, and third in the World, with an estimated net worth of 57 billion dollars.
Mr Amancio Ortega is also the founder and President of the “Amancio
Ortega Foundation” through which makes significant philanthropic actions.
“Amancio Ortega Foundation” also donated 10 million Euros to fund educational programs through the Entreculturas Foundation.
NOTE: Mr. Ortega keeps a very low profile; he has never been declared as a Catholic, but he collaborates closely with Caritas, everything seems to point to their Christian and Catholic beliefs.