Its high street competitors are known only for fashion, as opposed to Zara, which is also associated with its distinct style, a feature attracting privileged 45+ demographic with its vast disposable income. He is so successful due to his distinctive personality traits, which include mind flexibility, workaholism, and profound self-confidence. Used to be one of the workers of Ortega’s company, currently, she holds a board position at Inditex. The Paideia Foundation received many awards since the beginning of that charitable project, Amancio Ortega introduced another non-profit organization in 2001. He was the youngest of four other children. Zara’s further international expansion came along with Inditex’ retail portfolio development: Pull&Bear and Massimo Dutti (1991), Stradivarius (1994), Bershka (1998), Oysho (2000), Uterqüe (2008). Named after Ortega and his first wife’s favorite movie, the store soon changed the name Zorba into Zara. In an era in which most clothing manufacturers outsourced production to China and other low-cost locations, Inditex produced two-thirds of its garments in Spain and surrounding countries. Amancio Ortega Gaona, né le 28 mars 1936 à Busdongo de Arbas (province de León, Espagne) est un homme d'affaires espagnol, créateur de la marque de vêtements Zara et fondateur du groupe textile international Inditex. Such acquisitions are usually made through Pontegadea Inmobiliaria and Pontegadea Inversiones, Ortega’s real estate holdings. Amancio Ortega Gaona Add to myFT. Według magazynu Forbes” jest drugim najbogatszym Europejczykiem, a szóstym według listy najbogatszych ludzi świata z majątkiem szacowanym na 70 mld USD. Amancio Ortega Gaona is Chairman/CEO at Gartler SL. Picasso Tower, a skyscraper in Madrid, Spain purchased by Amancio Ortega Gaona for $556 million in 2011. He is the founder and former chairman of Inditex fashion group, best known for its chain of Zara clothing and accessories shops. Navigate parenthood with the help of the Raising Curious Learners podcast. Amancio Ortega Gaona (Busdongo, León, 28 and March de1936) is a Spanish businessman dedicated to the textile sector. Add ... Amancio Ortega set to buy London’s Post Building. Amancio Ortega Gaona is a Spanish business tycoon. Amancio Ortega Gaona, president and founder, does not have social media profiles and he does not carry out activities on social networks. In this success story, we are going to share Amancio Ortega Gaona biography, a Spanish fashion entrepreneur and the co-founder of Industria de Diseño Textil, S.A. (Inditex), which includes prêt-à-porter fashion chains such as Zara, Pull&Bear, Massimo Dutti, Bershka, Stradivarius, Oysho, and Uterqüe. Ortega is the richest man in Europe, according to Forbes, and the fourth richest in the world. Ortega founded the first Zara ready-to-wear clothing store in A Coruña in 1975, and it became not only an internationally famous chain but also the flagship of holding company Inditex, which he founded 10 years later. Despite his wealth, Ortega has never had his personal office, as he enjoys working together with other designers in the open-plan space developing new trends, and discussing new colors and fabrics. For Zara, the day of new clothing deliveries is Sundays and Thursdays, whereas shoes come on Tuesdays and Fridays. * Amancio Ortega Gaona is a famous fashion designer and entrepreneur. According to FamousDetails, he was born in the Year of the Rat.Founder of the Inditex fashion group that included chains such as Zara. He is the richest person in Europe and the wealthiest retailer in the world. Amancio Ortega, in full Amancio Ortega Gaona, (born March 28, 1936, Busdongo de Arbas, Spain), Spanish fashion executive and founding chairman (1985) of the Spanish clothing merchandiser Inditex (Industria de Diseño Textil, SA), which included the Zara chain store. He and Bill Gates were two of the richest men of their time. Designers usually create three models a day, and analysts, together with patternmakers, choose one item from each set. Established in 2001 by Amancio Ortega Gaona, the foundation holds a 60 percent stake in Inditex, the global fashion retailer Ortega created with his wife, who died in 2013. Ortega used to work for a shirtmaker in downtown La Coruña during his teenage years. Hearing of the miners’ need for durable pants, Strauss hired a tailor to make garments out of tent canvas. This philanthropic foundation assists people with mental and physical disabilities to get interdisciplinary education and training. 23k Followers, 1 Following, 14 Posts - See Instagram photos and videos from Amancio Ortega Gaona (@amancioortegagaona) Contributor to. Amancio Ortega Gaona. To save their customers from identically dressed fashion twins, Zara never reproduces its hits. Former Associate Editor, Encyclopædia Britannica. Recognized with the Order of Civil Merit in 2009, Mr. Ortega is the president of the organization, and Flora Pérez Marcote, his younger daughter, serves as the vice president. Amancio Ortega Gaona, né le 28 mars 1936 à Busdongo de Arbas (province de León, Espagne) est un homme d'affaires espagnol, créateur de la marque de vêtements Zara et fondateur du groupe textile international Inditex.Il s'est aujourd'hui aussi diversifié dans … Amancio Ortega Gaona was born on March 28, 1936 (the beginning of the Civil War in Spain) in Busdongo de Arbas, a small village with less than 100 citizens located in the northern Spanish region, León. Amancio has … 26 likes. The unemployment in Spain being at a critical level even in 2015, the trough of the crisis fell in the year 2007, when all Spanish corporations downtown’s offices in Barcelona, Madrid, and Bilbao, sold their properties and moved out. He is the founding chairman of the Inditex fashion group.. Ortega, meanwhile, had become one of the world’s top billionaires. They lived in a beggarly house at the railway workers’ quarters. Before Fame. Amancio Ortega Gaona imposed a golden rule back in the 1970s, which states to receive new orders within 48-hours’ time period. 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. However, Covadonga O’Shea has been granted the right to develop Ortega’s official biography. Facts. Amancio Ortega was also known as Amancio Ortega Gaona is the Spanish Bussiness man. Ortega saw an opportunity to expand his client base by using less-expensive materials and more-efficient manufacturing systems and by competitively pricing garments. However, those brutal schedules, the fashion industry has never attempted to keep to, are not always flawless. Amancio Ortega a mystery for press and public alike and a publicist's nightmare, is Spain's richest man and one of world's top 10. Staff review items from the latest range at Inditex Headquarters, Spain. In 1988, after the Inditex Group was formed, Ortega opened the first Zara shop in Portugal, where he found the working force to be even cheaper than in Spain. The Inditex corporation has become a global fast-fashion retailer with its 137,054 professionals employed in 6,683 stores and facilities, which are currently located in 88 countries, the annual sales revenue being over €18.1 ($19.67) billion as of January 31, 2015. Amancio Ortega Gaona es el empresario español más conocido del mundo y, según la revista Forbes, el quinto hombre más rico del planeta. Amancio Ortega Gaona I am the property of my business, not the reverse. Financial magazines report the fashion business allowed Ortega to become the owner of real estate holdings in London, Paris, Madrid, and Lisbon, as well as Miami luxury accommodations. The customer has always driven the business model... – Amancio Ortega Gaona, We cannot limit ourselves to continuing on the path we have already opened… – Amancio Ortega Gaona, analyst at Barclay’s, Christodoulos Chaviaras, believes, Die of success? Amancio Ortega’s business success is tightly connected with a unique business model of the fast-fashion retailer. Let us know if you have suggestions to improve this article (requires login). He is the founder and former chairman of Inditex fashion group, Zara falls under its chain. Pablo Isla, the CEO of Inditex, annually announces the stable growth of the holding’s revenue. By 2000, the Inditex brands were distributed in over 30 international markets. The fast-fashion concept was so popular with customers that Zara, with more than 1,000 outlets worldwide, spent relatively little on advertising. It is a known fact that the overall amount of pictures with Amancio Ortega, who has been avoiding the limelight during his whole life, cannot amount even 200 ones. Soy un empresario cristiano español, creador de la marca de ropa Zara y fundador del grupo textil internacional Inditex. Anecdotes Amancio Ortega maintains the simplicity of the boss old style. The two key ideas of this business model are to give customers what they want as quickly as possible. At the age of 16, Amancio Ortega was pondering on how to figure out potential client desires and, what is even more important, meet that demand. In 1989, Zara shop was opened in the USA, and it was introduced in London in 1998. Marta is very close to her father; similar to Ortega’s experience, she has undergone her professional training at Inditex, starting from the lowest level of a store employee. ​ ​ A finales de 2009 el Ministerio de Asuntos Exteriores y Cooperación le concedió la Former Royal Mail sorting office is McKinsey’s headquarters in the UK. He is the founder of He is the founder of Inditex fashion group, Zara which is Famous for its clothing and accessories across the globe.He is the richest person in the … He first applied the approach to a bathrobe business, Confecciones Goa, which he founded in 1963. On the day of Inditex’s public offering in 2001, Ortega reportedly worked a regular schedule and ate lunch in the company’s cafeteria—despite the fact that his net worth had risen by $6 billion. It is not a coincidence that Inditex stores enjoy a loyal land proprietor, who never increases the rental cost. Amancio Ortega (Amancio Ortega Gaona; León, 1936) Empresario español, presidente del grupo textil Inditex (Industrias de Diseño Textil). Fellow citizens often see Ortega walking along Plaza Maria Pita. His outfits’ preferences are as modest as his lifestyle: no tie, a simple white shirt, a blue uniform blazer, and gray trousers, – none of those branded. Trouvez les Amancio Ortega Gaona images et les photos d’actualités parfaites sur Getty Images. Amancio Ortega’s first job was a shop assistant at a local company called Gala, where he learned to make clothes by hand. The founder of the bathing robes business organized Confecciones GOA into a family company. The textile empire owner lives quite a modest life residing in his native La Coruña, the Galician town with approximately 300,000 citizens located on the North Atlantic’s windswept coast. Il s'est aujourd'hui aussi diversifié dans l'hôtellerie (la chaine espagnole NH), l'électricité, etc. Amancio Ortega Gaona is a person of thinking and planning. © 2019 Astrum People. Comment l'espagnol Amancio Ortega Gaona et son enseigne Zara ont-ils donné naissance à un empire de la mode ? According to Forbes, Amancio Ortega’s total net worth is estimated at $73.5 billion as of December 20, 2015. At Stradivarius and Massimo Dutti, new garments arrive on Tuesdays and Thursdays. Es el fundador, junto con su exesposa Rosalía Mera, y expresidente del grupo empresarial textil Inditex, cargo en el que le sucedió Pablo Isla, y de la cadena de tiendas de ropa más conocida del grupo: Zara. Inditex has not heard about the crisis, Amancio Ortega taking advantage of the Spanish economic default to acquire locations for deep discounts. Amancio Ortega Gaona es el Presidente y fundador de Inditex, el inició su camino profesional en el comercio textil en España. Amancio Ortega (Amancio Ortega Gaona; León, 1936) Empresario español, presidente del grupo textil Inditex (Industrias de Diseño Textil). The variety of dress is immense. The reason for that was a complaint from the owner of a bar located nearby and called Zorba. Ortega first began his career manufacturing textiles through a small family company in 1963. He is currently 84 years old. https://www.britannica.com/biography/Amancio-Ortega, Famous Entrepreneurs - Biography of Amancio Ortega. Save. És fundador, juntament amb la seva exdona Rosalía Mera, i expresident del grup empresarial tèxtil Inditex, càrrec en el qual li va succeir Pablo Isla, i de la cadena de botigues de roba més coneguda del grup: Zara. They lived in a beggarly house at the … Ventured into clothing retail since early juvenility, Amancio Ortega Gaona launched his own company, Confecciones GOA, in 1963. Amancio Ortega Net Worth: Amancio Ortega Gaona is a Spanish fashion executive and entrepreneur who has a net worth of $58 billion. Today, Zara has 6,200 stores spread in 70 different countries. Amancio Ortega Gaona with his wife Flora Pérez Marcote (left), and their daughter Marta (right). Currently, he is Chairman at Pontegadea Inversiones SL, Chairman for Partler 2006 SL and Chairman at Gartler SL. He is the founder of He is the founder of Inditex fashion group, Zara which is Famous for its clothing and accessories across the globe.He is the richest person in the Europe and the third richest person in the world. The unique business model of Zara business, with its two golden rules of giving customers what they want as quickly as possible, is not the only one business secret of Amancio Ortega. – Amancio Ortega Gaona, Quirky Punk Baby Clothing by Katie Bennett, Roman Kirigetov: Success Story Of Small Task Outsourcing Marketplace, Ingvar Kamprad Biography: Success Story of IKEA Founder, Arthur Guinness Biography: The History Of Guinness Beer, Daniel Swarovski Biography: Crystal Stones That Shine Like Diamonds, Audrey Hepburn Biography: Success Story of an Iconic British Actress, Freddie Mercury Biography: Success Story of a British Singer-Songwriter, Andy Warhol Biography: Success Story of a Great American Artist, Sheldon Adelson Biography: Success Story of an American Entrepreneur. Amancio Ortega Gaona, né le 28 mars 1936 à Padrón dans la province de La Corogne (Espagne) est un homme d'affaires espagnol, créateur de la marque de vêtements et de magasins Zara et fondateur du groupe textile international Inditex. Along with the career similarities, Amancio Ortega and Marta share horse riding a hobby, the loving father purchased an equestrian center in Galicia, Spain. According to Forbes Magazine, he is currently one of the richest person in Europe, and the sixth richest in the world with an estimated net worth of $67 billion as of August 2020. Amancio Ortega, in full Amancio Ortega Gaona, (born March 28, 1936, Busdongo de Arbas, Spain), Spanish fashion executive and founding chairman (1985) of the Spanish clothing merchandiser Inditex (Industria de Diseño Textil, SA), which included the Zara chain store. He remained the majority owner of the holding company, which in 2008 included the brands Stradivarius, Pull and Bear, Uterqüe, Massimo Dutti, and Oysho, in addition to Zara. Retour sur une stratégie unique qui a permis à un petit commerçant de devenir la deuxième fortune mondiale et le roi du prêt-à-porter avec plus de 5000 magasins implantés sur toute la planète. Il s'est aujourd'hui aussi diversifié dans l'hôtellerie (la chaîne espagnole NH), l'électricité, etc. That is the reason for no one being aware of Ortega’s first marriage date. In 2012, Ortega asked the vice president of Inditex, Pablo Isla, to take his place of Inditex’s CEO. Your Reading list. Ortega ożenił się z Rosalią Merą, z którą ma córkę Sandrę i syna Marcosa. According to the legend, Amancio Ortega’s habit is to behold young people’s lifestyles to reproduce relevant, innovative designs at Zara. Moreover, in 2014, Ortega purchased another $60-million stake (the first one cost $105 million) in Barcelona’s prime real estate, which hosted the Apple flagship store. The latest being a local Spanish journalist who has been tracking Amancio Ortega’s career; O’Shea is Ortega’s lifelong friend, she runs a fashion school at the University of Navarra. Amancio Ortega, première fortune d’Espagne, confie la gestion du groupe Inditex à son bras droit Pablo Isla. Amancio Ortega Gaona, né le 28 mars 1936 à Busdongo de Arbas (province de León, Espagne) est un homme d'affaires espagnol, créateur de la marque de vêtements Zara et fondateur du groupe textile international Inditex. Ortega left school t an early age and moved to A Coruna at the age of 14. These two basic rules to give customers what they want, and deliver the orders with the motorway speed, have assisted Amancio Ortega in building the fashion empire. Nací el 28 de marzo de 1936 en Busdongo de Arbas. He is a self-made man, who ventured into the world of fashion in 1975 with the launch of fashion label Zara. Styles that did not sell were quickly removed from stores. A famous fashion blogger, Garance Dore, has coined another term – “Zaragasm,” which means being seduced by the variety of choice and fashionable message of Zara offers. Amancio Ortega Gaona imposed a golden rule back in the 1970s, which states to receive new orders within 48-hours’ time period. The operations of all Inditex businesses were based on the so-called fast-fashion concept: at fashion shows trend spotters picked up design ideas, in-house designers copied the best concepts, and Inditex’s highly efficient manufacturing operations, most of which were based in Spain, produced and delivered new fashions to stores just a few weeks after they had been spotted on fashion runways. Il s'est aujourd'hui aussi diversifié dans l'hôtellerie (la … Ex-employees of the sewing cooperatives ran by Ortega shared with media how thrilled the Galicia ladies were to get that job with great conditions, and how excited they were to see their boss being very close to the workers. In March 2012, the book was published in the English language under the title The Man from Zara: The Story of the Genius Behind the Inditex Group. In 2011, bidding with Tishman Speyer, the owner of London’s Tower Place, Rockefeller Center, and the Chrysler Building, for the 43-floor Picasso Tower, Madrid’s famous office building, Amancio Ortega won. The private life of Amancio Ortega is terra … He is the second richest person in the world just behind American billionaire Bill Gates, with a net worth of USD $78.6 billion. Amancio Ortega Gaona: 5 Ways to Contact Him (Phone Number, Email, Social profiles)- AMANCIO ORTEGA GOANA is a Spanish business man. For instance, Zara is known for its 12,000 new designs developed and distributed annually, speed being the retailer’s driving force. Frozen in time, Gala, a conventional shirts maker, is still active and open on one of La Coruña’s downtown corners. The style that a particular individual selects is often linked to that person’s sex, age, socioeconomic status, culture, geographic area, and historical era. Be on the lookout for your Britannica newsletter to get trusted stories delivered right to your inbox. In 1963, having gained ten years of managing sewing cooperatives experience, Amancio Ortega Gaona founded his first company, Confecciones GOA, S.A. (his initials if to read backward). Afficher les profils des personnes qui s’appellent Amancio Ortega Gaona. Amancio Ortega is the world’s third-richest person and is extremely publicity shy. Corrections? He is the son to Antonia Ortega Rodriguez and Josefa Gaona Hernandez. Xabier R. Blanco and Jesús Salgado co-authored the non-official biography of Amancio Ortega Gaona, called Amancio Ortega, de cero a Zara, published on February 17, 2004. Although Ortega enjoyed tremendous international success in an industry that fed on public images and publicity, he himself shunned the press and lived a strictly private life. Their clothing business was the only affair they were busy with. The precise value of Ortega’s real estate empire is estimated at $10 billion. Due to the business model described and a Zaragasm influence, very few companies are able to compete with Inditex. Later, denim…. Unprivileged childhood conditions and no MBA degree obtained have apparently made Amancio the man he is: possessing an entrepreneurial spirit, deeply involved with all the business routine while keeping a low profile. Amancio Ortega is a founder of ZARA brand. Sus primeros pasos culminaron en la creación, en 1963, de la compañía Confecciones GOA, dedicada a la fabricación de prendas de vestir. Every Tuesday and Friday works for Bershka and Pull&Bear. As of January 2018, Ortega had acquired a net worth of about $77.6 billion, making him the wealthiest man in Europe, and the fourth wealthiest in the world. Amancio Ortega Gaona life story shows that he achieved his success thanks to his self-confidence, hard work, and, of course, thanks to giving to his customers what they want. Several factories being acquired in Spain, Amancio Ortega opened his first storefront in La Coruña downtown, called Zorba, in 1975. He is the founder, along with his ex-wife Rosalia Mera, and former textile business group Inditex, a position happened Pablo Isla, chain clothing stores best known of the group: zara. Moreover, Zara refreshes its garment stocks twice a week. The married couple never appeared together in public, nor did they let their two children, Sandra Ortega Mera and Marcos Ortega Mera, be pictured by intrusive paparazzi. Commercial experts usually possess regional expertise, being from varied backgrounds. Known to Be An Incognito. Su padre se desempeñaba como trabajador ferroviario, por lo que el entonces niño tuvo que trasladarse a Tolosa. Amancio Ortega Gaona (Spanish pronunciation: [aˈmanθjo orˈteɣa ɣaˈona]; born 28 March 1936) is a Spanish fashion businessman and founding chairman of the Inditex fashion group, best known for its chain of Zara clothing and accessories retail shops. Being in her early 30s, Marta, Ortega’s daughter from Flora Pérez, is considered to be his future successor. Ünlü ekonomi dergisi Forbes tarafından yayınlanan listeye göre İspanya'nın en zengin insanı; Avrupa'nın en zengin kişilerinden ve 2013 yılı itibarıyla Dünya'nın en zengin 3. kişisidir. In 2001, he married Flora Pérez Marcote having a love affair with her since 1983. Amancio Ortega Gaona is Chairman/CEO at Gartler SL. Refugee in normalcy and anonymity, his life and even his face have been for many years one of the best kept secrets of the Spanish business landscape. Amancio Ortega Gaona (Spanish pronunciation: ; born 28 March 1936) is a Spanish fashion executive and founding chairman of the Inditex fashion group, best known for its chain of Zara clothing and accessories retail shops. Amancio Ortega was born on 28 March 1936 in Busdongo P Arbás, León, Spain, to Antonio Ortega Rodríguez and Josefa Gaona Hernández Amancio Ortega Gaona founded Industria de Diseño Textil SA, Zara Espana SA and Confecciones Goa SA. Called Fundacion Amancio Ortega, it is a private NGO aiming to promote science, research, education, social action, culture, and welfare. www.linternaute.com/actualite/savoir/06/milliardaires/amancio-ortega.shtml He is best known for its chain of Zara clothing and accessories retail shops. Reflects change since 5 PM ET of prior trading day Amancio Ortega is one of the richest men in Europe, and the wealthiest clothing retailer in the world. That is why, Zara factories look like a well-oiled machine, where hundreds of designers and sales analysts co-operate in an open space floor, organized around these two principles, namely the delivery speed and a customer-orientated approach. In 1966, Amancio Ortega married Rosalía Mera. Amancio Ortega net worth is estimated at $66.4 billion according to Forbes as 2015. Time, being removed from stores majątkiem szacowanym na 70 mld USD és! Usually create three models a day, and openness, remaining his main personality,. 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