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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'.
In 2007, Inditex launched the Zara Home online retail store. [45] Zara joined the e-commerce marketplace in September 2010, launching websites in Spain, the UK, Portugal, Italy, Germany and France. [46] [47] In November 2010, Zara's online presence grew to include Austria, Ireland, the Netherlands, Belgium and Luxembourg. [48]
This is a list of richest monarchs and family members, as estimated by forbes.com in 2015, [1] Business Insider in 2018, [2] and the CEOWORLD magazine in 2019. [3] The evaluations are based on their personal net worths, excluding properties held by the State, Government or Crown, and all of the figures are in U.S. dollars.
As of September 2024, Ortega had a net worth of $134.3 billion, making him the second-wealthiest person in Europe after Bernard Arnault and the 11th-wealthiest in the world. [2] For a brief period of time in 2015, he was the richest man in the world, surpassing Bill Gates when his net worth peaked to $80 billion as Zara's parent company ...
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 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
The origins of the "fast fashion" phenomenon involve several key players, rather than a single brand or company. One influential figure in this movement was Amancio Ortega, the founder of Zara. Established in 1963 in Galicia, Spain, Zara gained prominence by offering affordable imitations of high-end fashion trends alongside its original ...
Mera is the daughter of Amancio Ortega Gaona, and his first wife Rosalia Mera founder of Inditex, best known as the parent company of global fashion empire Zara. She is the second richest person in Spain, after her father. As of September 2024, Forbes estimated her net worth at US$12.0 billion. [1]