Amancio Ortega Gaona

Amancio Ortega Gaona

Founder, Inditex

The Spanish apparel mogul pioneered the ‘fast fashion’ business model at vertically-integrated goliath Zara.

Spain Executives 2013 BoF 500 2013



Since founding Inditex Group in 1985, Amancio Ortego Gaona has become one of the world's most successful and respected fashion retail moguls, overseeing a fast-growing portfolio that includes 'fast fashion' clothing chains Zara, Massimo Dutti, Pull & Bear, Bershka, and Stradivarius. Pioneering the fast fashion movement in the mid-'70s with the launch of Zara, Ortega’s innovative retail strategy – rapid response to trends and consumer demand – has turned Zara into a global retailer boasting over 1,700 individual storefronts in 86 countries.

Through Inditex Group, Ortega oversees over 6,000 stores around the world. In 2012 the group announced record profits of over €2.36 billion ( about $3 billion). In 2013, Ortega was listed as the third wealthiest individual in the world in Forbes' global billionaire listing, replacing American mogul Warren Buffet.   

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