Amancio Ortega Gaona

Amancio Ortega Gaona

28 March 1936
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Castelao Medal

Amancio Ortega Gaona (born 28 March 1936) is a Spanish billionaire businessman. He is the founder and former chairman of Inditex fashion group, best known for its chain of Zara clothing and accessories shops. As of December 2019, Ortega had a net worth of $68.3 billion, making him the second-wealthiest person in Europe after Bernard Arnault, and the sixth-wealthiest in the world. For a brief period of time in 2015, he was the richest man in the world, bypassing Bill Gates when his net worth peaked to $80 billion as Zara's parent company, Inditex's, stock peaked. He is the head of the Ortega family and the second wealthiest retailer in the world.

The youngest of four children, Ortega was born in Busdongo de Arbas, Leon, Spain, to Antonio Ortega Rodriguez and Josefa Gaona Hernandez from the province of Valladolid, and the spent his childhood in Leon. He left school and moved to A Coruna at the age of 14, due to the job of his father, a railway worker. Shortly after, he found a job as a shop hand for a local shirtmaker called Gala, which still sits on the same corner in downtown A Coruña, and learned to make clothes by hand.