Amancio Ortega, the Spanish billionaire behind global fashion powerhouse Zara, witnessed a staggering $10.8 billion drop in his net worth ...
Ortega’s journey from a delivery boy to the head of the world’s third-largest fashion retail company is remarkable ...
As the owner of a fifty-nine percent stake in the retail giant, the Zara founder has benefitted from a nine percent increase ...
Eight tech titans have suffered a $266 billion wealth wipeout this year, with Elon Musk's net worth plunging by $132 billion.
MADRID] Zara owner Inditex, the world’s biggest fashion retailer, reported a record annual profit for the third consecutive ...
Company spent €2.7bn last year on improving operations through refurbishing stores, deploying new security technology and ...
while LVMH's Bernard Arnault and Inditex's Amancio Ortega are up between $6 billion and $7 billion. The richest of the rich shouldn't feel too sorry for themselves, as they had a stellar 2024.
Shares of the company, controlled by Spanish billionaire Amancio Ortega, gained 27% in 2024, reaching a record high of €55.98 in December. The company has stayed ahead of its competitors with a ...
After years of riding a post-pandemic boom, Zara owner Inditex SA is showing signs of coming back to Earth. Sales of the ...