Page 38 - OB18 ELECTRONICA

COOL OVER 50

AMANCIO

ORTEGA

The Customer is Always Right

n his simple uniform of white shirt, blue blazer and grey
trousers, the octogenarian Amancio Ortega Gaona still goes to
work and still eats at the cafeteria of his billion-dollar fashion
I industry headquarters. The wealthiest retailer in the world’s
philosophy is as simple as his wardrobe. “Satisfy the needs of our
customers with the latest in fashion,” states the billionaire.

It has earned him a net worth of over $70 billion, according to the
2018 figures published by Forbes. Ortega is the co-founder of Inditex,
with over 7,500 stores, and worldwide availability online. Inditex is
known for the Zara fashion chain with home to popular brand names,
including Massimo Dutti and Pull & Bear.

Ortega started off selling quilted bathrobes made by sewing
cooperatives. It was the commencement of a global fashion industry
mogul that no one could have predicted. His hands-on approach is
a cerebral coordination of resources, both human and material, that
obtain optimum production.

He tends to keep out of the spotlight, content to oversee his business
dealings. He invests primarily in real estate, in Madrid, Barcelona,
London, Chicago, Miami, and New York, while maintaining his main
residence in A Coruña, Spain.
"Innovation and commitment Ortega rewards his staff with employee profit-sharing and is a generous
towards our customers define our benefactor to many charities, including donating literally hundreds of
corporate culture." millions of dollars for improving cancer detection and treatment, to
- Amancio Ortega Spain’s hospitals.

Photos Courtesy Of: Bloomberg
38 | www.OceanBlueWorld.com