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Zara was established by Amancio Ortega Gaona in 1975. Their first shop was in central A Coruña, in Galicia, Spain, where the company is still based.They initially called it 'Zorba' after the classic 1964 film Zorba the Greek, but after learning there was a bar with the same name two blocks away, rearranged the letters to read 'Zara'.
The majority of the family's wealth comes from the clothing company Inditex and its flagship store Zara. As of July 2022, the family has an estimated net worth of $110 billion. The head of the family, billionaire Amancio Ortega, is the twelfth richest person in the world. [1] [2] [3]
Net worth Source of wealth 13: Amancio Ortega Gaona Spain: 103 billion: Textiles & fashion . 344: Sandra Ortega Mera Spain: 6.9 billion: Inditex. Daughter of Amancio. 624: Rafael del Pino Calvo-Sotelo Spain: 4.4 billion: Son of Rafael del Pino. Construction 787: Juan Roig Alfonso Spain: 3.6 billion: Supermarkets . 949: Daniel Maté Spain
The list average was a net worth of $3.7 billion. [ 2 ] To coincide with the release of the 2012 list, Forbes announced a new "Billionaire Real-Time Ticker" updating the wealth of the world's top fifty billionaires in real time.
King of Spain (abdicated in 2014) Spain: $2.3 billion — $2 billion [5] [6] Oil, [7] [8] enterprise and real estate. Current controversy over the money hidden in offshore banks and the $100 million received from Saudi Arabia. [9] 9 Tamim bin Hamad Al Thani: Emir of Qatar Qatar: $2.1 billion [3] — $1.2 billion [2] From various enterprises. 10 ...
The list estimated the net worth of the world's richest people. The new list was released online on March 2, 2015. ... Spain 78 64.50 Zara 5 Larry Ellison United ...
Net Worth USD billion Age Country Source(s) of wealth 1 Carlos Slim Helu & family 73,0 73 Mexico telecom 2 Bill Gates 67,0 57 United States Microsoft 3 Amancio Ortega 57,0 76 Spain Zara 4 Warren Buffett 53.5 82 United States Berkshire Hathaway 5 Larry Ellison 43,0 68 United States Oracle 6 Charles Koch 34,0 77 United States diversified
Year World market cap Number of listed companies Millions of US$ % of GDP; 1975 1,149,245 27.2 14,577 1980 2,525,736 29.6 17,273 1985 4,684,978 47.0 20,555