Biography
Childhood, Early Life and Education
Amancio Ortega Gaona was born on March 28, 1936 in Busdongo de Arbas, Leon. He has 3 older siblings. Ortega’s childhood was spent in Leon, but when he was 14 years old, his family moved to A Coruna. His father was a railway worker. Here, Ortega began working for a shirtmaker and learned the art of apparel making. He left high school at the age of 14.
Early Career Amacio got the local
women to form cooperatives in 1972 and founded a company called Confecciones
Goa. This company marketed quilted bathrobes that the cooperatives produced. Three years later, in 1975,
Ortega opened his first apparel retail store along with his wife, Rosalía. He
wanted to name the store Zorba, but the name was already taken. So, he settled
for Zara. The store was a success and the following decade, he opened several
Zara stores across Galicia, Spain.
Career
Zara is an integral part of the Inditex
Group and Ortega is a 59.29 percent shareholder of the Group. The Inditex Group
owns several renowned brands besides Zara. Some of these include Massimo Dutti,
Zara Home, Stradivarius, Bershka, Oyosho and Pull and Bear. The Inditex Group
has over 92,000 employees.
Success With all the success, Ortega has
not forgotten his roots. He is renowned for avoiding interviews and publicity.
In fact, till 1999, most media outlets had not even published Ortega’s
photograph. Although Ortega guards his personal life ferociously and rarely
gives interviews, people do know a little bit about this Spanish
billionaire. He is said to be a workaholic and did not take a holiday for
25 years! .The world got its first look of
Ortega in 2000 when his company decided to go public. However, even then Ortega
gave interviews to just three journalists. The mystery surrounding Ortega and
his life has always fascinated the press and even led to books being
published about him. He is Simple man with Rich taste. And Ortega wears a blue blazer, gray pants and
white shirt to work every day, none of which ironicaly are Zara products. He
does not believe in wearing a tie. He even eats his meals at work in the
company cafeteria along with his employees. He also is a man of habit, as it is
said he visits the same coffee shop every single day. When he is not working and driving Zara
towards success, Ortega loves horseback riding. He has his own equestrian
center in Finisterre, which is located in Galicia, Spain. He is also the proud
owner of Spain’s tallest skyscraper. The Torre Picasso located in Madrid cost
Ortega $536 Million. Ortega also has his own private jet designed by
Bombardier. It is estimated the plan cost $45 Million "The story of Ortega’s rise to fortune is truly inspirational for entrepreneurs. Amancio Ortega has shown hard work and a little business acumen is a sure-shot way to success. "
Biography
Childhood, Early Life and Education
Amancio Ortega Gaona was born on March 28, 1936 in Busdongo de Arbas, Leon. He has 3 older siblings. Ortega’s childhood was spent in Leon, but when he was 14 years old, his family moved to A Coruna. His father was a railway worker. Here, Ortega began working for a shirtmaker and learned the art of apparel making. He left high school at the age of 14.
Early Career Amacio got the local
women to form cooperatives in 1972 and founded a company called Confecciones
Goa. This company marketed quilted bathrobes that the cooperatives produced. Three years later, in 1975,
Ortega opened his first apparel retail store along with his wife, Rosalía. He
wanted to name the store Zorba, but the name was already taken. So, he settled
for Zara. The store was a success and the following decade, he opened several
Zara stores across Galicia, Spain.
Career
Zara is an integral part of the Inditex
Group and Ortega is a 59.29 percent shareholder of the Group. The Inditex Group
owns several renowned brands besides Zara. Some of these include Massimo Dutti,
Zara Home, Stradivarius, Bershka, Oyosho and Pull and Bear. The Inditex Group
has over 92,000 employees.
Success With all the success, Ortega has
not forgotten his roots. He is renowned for avoiding interviews and publicity.
In fact, till 1999, most media outlets had not even published Ortega’s
photograph. Although Ortega guards his personal life ferociously and rarely
gives interviews, people do know a little bit about this Spanish
billionaire. He is said to be a workaholic and did not take a holiday for
25 years! .The world got its first look of
Ortega in 2000 when his company decided to go public. However, even then Ortega
gave interviews to just three journalists. The mystery surrounding Ortega and
his life has always fascinated the press and even led to books being
published about him. He is Simple man with Rich taste. And Ortega wears a blue blazer, gray pants and
white shirt to work every day, none of which ironicaly are Zara products. He
does not believe in wearing a tie. He even eats his meals at work in the
company cafeteria along with his employees. He also is a man of habit, as it is
said he visits the same coffee shop every single day. When he is not working and driving Zara
towards success, Ortega loves horseback riding. He has his own equestrian
center in Finisterre, which is located in Galicia, Spain. He is also the proud
owner of Spain’s tallest skyscraper. The Torre Picasso located in Madrid cost
Ortega $536 Million. Ortega also has his own private jet designed by
Bombardier. It is estimated the plan cost $45 Million "The story of Ortega’s rise to fortune is truly inspirational for entrepreneurs. Amancio Ortega has shown hard work and a little business acumen is a sure-shot way to success. "
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