Which world-famous fashion chain did Amancio Ortega found?
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Zara
Zara stores exist in almost every big city in the world.
💡 Did you know? Zara belongs to the parent company Inditex.
8 questions · Economics
Amancio Ortega, born in the poor northwest of Spain in 1936, left school at 14 and worked as an errand boy in a textile shop. From that he built an empire: with the fashion chain Zara and the group Inditex he invented „fast fashion“: clothing that reaches the shops from the catwalk at breakneck speed. Ortega became at times the richest person in the world and is the richest Spaniard. Despite his fortune he shuns the public and almost never gives interviews. Good to know: Zara stores exist in almost every big city in the world. Zara belongs to the parent company Inditex. It also includes brands like Bershka and Massimo Dutti. Inditex is one of the biggest fashion retailers in the world. New collections reach the shops in just a few weeks. Zara reacts to current trends at lightning speed. At 14 he left school and became an errand boy. From errand boy he rose to be the richest Spaniard. It was in A Coruña that Ortega opened the first Zara shop in 1975. Ortega comes from the province of León and moved to A Coruña as a teenager.
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Zara
Zara stores exist in almost every big city in the world.
💡 Did you know? Zara belongs to the parent company Inditex.
Inditex
It also includes brands like Bershka and Massimo Dutti.
💡 Did you know? Inditex is one of the biggest fashion retailers in the world.
Fast Fashion
New collections reach the shops in just a few weeks.
💡 Did you know? Zara reacts to current trends at lightning speed.
from a poor background
At 14 he left school and became an errand boy.
💡 Did you know? From errand boy he rose to be the richest Spaniard.
Galicia
It was in A Coruña that Ortega opened the first Zara shop in 1975.
💡 Did you know? Ortega comes from the province of León and moved to A Coruña as a teenager.
he shuns the public
For decades there was hardly a photo of him.
💡 Did you know? He almost never gives interviews.
into real estate
He owns office towers and shops in many cities.
💡 Did you know? This makes him less dependent on the fashion business.
from Inditex dividends
As a major shareholder he receives billions each year.
💡 Did you know? Part of these profits flow into his real estate.
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