Zara owner Amancio Ortega becomes the world's biggest real estate tycoon [Yahoo! Finance]
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NASDAQ:AMEX Investor Relations:
inditex.com/investors/investor-relations/share-capital
Company Research
Source: Yahoo! Finance
This achievement consolidates his expansion outside the textile business to an investment model focused on high-value real estate assets. The founder of Inditex, owner of brands such as Zara, Pull&Bear and Oysho, has built over the years an extensive network of properties in different countries. His portfolio exceeds 200 acquisitions and is valued at around $25 billion (€21.2bn), which allows him to surpass other large international investors in the sector, while his total net worth is estimated by Forbes at $148bn (€125.45bn), making him the tenth-richest person in the world. Related UK regulatory watchdog ASA bans Zara ads for portraying ‘unhealthily thin' models High-street haute couture: Zara signs John Galliano to 're-author' its archive collection Much of this expansion has been possible thanks to the dividends generated by his majority stake in the textile company, which he has subsequently reinvested in emblematic buildings, offices and commercial spaces in strate
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