Meet Amancio Ortega, The Mysterious Billionaire Behind Zara

zara

Amancio Ortega is the third-richest man in the world, beating even Warren Buffett, but many people have never heard of him. 

The 76-year-old Spaniard fiercely guards his privacy and gives few interviews to the press. 

Ortega founded fast-fashion giant Zara with his then-wife Rosalia in 1975. Today, the retailer has 1,500 stores in 70 countries around the world and is changing retail forever. His net worth is estimated at $47.4 billion. 

We were able to find out some interesting details about Ortega’s life. He wears the same thing to work every day and dines in the company cafeteria. 

Despite his modest nature, Ortega also indulges in some luxuries only available to the mega-rich. 

[slideshow]
[slide
permalink=”amancio-ortega-is-the-richest-man-in-europe-with-a-net-worth-estimated-at-575-billion-1″
title=”Amancio Ortega is the richest man in Europe, with a net worth estimated at $57.5 billion.”
content=”Source: Bloomberg
image=”http://static.businessinsider.com/image/50b9243eecad047b0900000a”
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[slide
permalink=”this-is-his-second-wife-flora-the-couple-has-been-married-since-2001-2″
title=”This is his second wife, Flora. The couple has been married since 2001.”
content=”Source: Bloomberg
image=”http://static.businessinsider.com/image/50b918ce6bb3f7b556000008″
caption=””
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[slide
permalink=”this-is-his-daughter-marta-the-28-year-old-socialite-married-top-spanish-equestrian-sergio-lvarez-moya-earlier-this-year-and-wore-a-gown-by-narciso-rodrguez-3″
title=”This is his daughter, Marta. The 28-year-old socialite married top Spanish equestrian Sergio Álvarez Moya earlier this year and wore a gown by Narciso Rodríguez.”
content=”Source: ThinkSpain.com
image=”http://static.businessinsider.com/image/50b913a8ecad04bc6b00001b”
caption=””
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[slide
permalink=”ortega-and-his-wife-live-in-a-discreet-apartment-building-in-la-corua-spain-near-a-major-port-of-the-atlantic-ocean-4″
title=”Ortega and his wife live in a discreet apartment building in La Coruña, Spain, near a major port of the Atlantic Ocean.”
content=”Source: Forbes
image=”http://static.businessinsider.com/image/50b91acceab8eada52000003″
caption=””
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]
[slide
permalink=”kate-middleton-is-a-huge-fan-of-zaras-designs-and-is-often-photographed-in-its-clothing-5″
title=”Kate Middleton is a huge fan of Zara’s designs and is often photographed in its clothing.”
content=”Source: Publico.es
image=”http://static.businessinsider.com/image/4df23a4649e2ae2872000000″
caption=””
credit=””
credit_href=””
]
[slide
permalink=”ortega-is-known-for-being-fiercely-private-he-has-only-granted-interviews-to-three-journalists-ever-6″
title=”Ortega is known for being fiercely private. He has only granted interviews to three journalists ever.”
content=”Source: Bloomberg
image=”http://static.businessinsider.com/image/4dfa935c49e2ae9c69040000″
caption=””
credit=””
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]
[slide
permalink=”he-also-dresses-modestly-he-wears-a-simple-uniform-of-a-blue-blazer-white-shirt-and-gray-pants-none-of-which-are-zara-products-7″
title=”He also dresses modestly. He wears a simple uniform of a blue blazer, white shirt and grey pants, none of which are Zara products.”
content=”Source: Bloomberg
image=”http://static.businessinsider.com/image/50b91ddc6bb3f7be65000000″
caption=””
credit=””
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]
[slide
permalink=”he-goes-to-the-same-coffee-shop-everyday-and-eats-lunch-with-his-employees-in-the-company-cafeteria-heres-a-picture-of-zaras-headquarters-8″
title=”He goes to the same coffee shop everyday and eats lunch with his employees in the company cafeteria. Here’s a picture of Zara’s headquarters:”
content=”Source: Publico.es and adlatina.com
image=”http://static.businessinsider.com/image/50b91ee6eab8ea0f55000010″
caption=””
credit=””
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]
[slide
permalink=”in-his-free-time-ortega-enjoys-horseback-riding-and-owns-an-equestrian-center-in-finisterre-galicia-spain-9″
title=”In his free time, Ortega enjoys horseback riding and owns an equestrian centre in Finisterre, Galicia, Spain.”
content=”Source: Elite Choice
image=”http://static.businessinsider.com/image/50b920a0ecad043d05000000″
caption=””
credit=””
credit_href=””
]
[slide
permalink=”he-also-bought-the-tallest-skyscraper-in-spain-the-torre-picasso-in-madrid-the-building-stands-515-feet-high-and-cost-536-million-10″
title=”He also bought the tallest skyscraper in Spain, the Torre Picasso in Madrid. The building stands 515 feet high and cost $536 million.”
content=”Source: Elite Choice
image=”http://static.businessinsider.com/image/50b9219b6bb3f74868000009″
caption=””
credit=””
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]
[slide
permalink=”he-owns-the-epic-residences-and-hotel-in-miami-fl-which-is-considered-to-be-one-of-the-best-luxury-hotels-in-the-us-11″
title=”He owns The Epic Residences & Hotel in Miami, FL, which is considered to be one of the best luxury hotels in the U.S.”
content=”Source: Elite Choice
image=”http://static.businessinsider.com/image/50b921e9eab8ea215b00000c”
caption=””
credit=””
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]
[slide
permalink=”ortega-drives-an-audi-a8-luxury-sedan-that-is-said-to-be-more-about-comfort-than-luxury-12″
title=”Ortega drives an Audi A8 luxury sedan that is said to be more about comfort than luxury”
content=”Source: Elite Choice
image=”http://static.businessinsider.com/image/4e244bfaccd1d5111d0e0000″
caption=””
credit=””
credit_href=””
]
[slide
permalink=”he-also-owns-the-global-express-bd-700-a-private-jet-designed-by-bombardier-one-of-the-leading-manufacturers-of-luxury-private-jets-the-plane-carries-price-tag-of-45-million-13″
title=”He also owns The Global Express BD-700, a private jet designed by Bombardier, one of the leading manufacturers of luxury private jets. The plane carries price tag of $45 million”
content=”Source: Elite Choice
image=”http://static.businessinsider.com/image/50b92277ecad043a0500000d”
caption=””
credit=””
credit_href=””
]
[slide
permalink=”but-he-rarely-jets-off-on-vacation-he-says-he-loves-working-too-much-to-take-time-off-14″
title=”But he rarely jets off on vacation. He says he loves working too much to take time off.”
content=”Source: adlatina.com
image=”http://static.businessinsider.com/image/50b9287f69beddbf2200001d”
caption=””
credit=””
credit_href=””
]
[slide
permalink=”youve-seen-the-glamorous-life-of-ortega-15″
title=”You’ve seen the glamorous life of Ortega…”
content=”Now see how Michael Kors lives it up >
image=”http://static.businessinsider.com/image/50b4f41d69bedd453100001d”
caption=””
credit=””
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]
[/slideshow]