At the start of 2026, Amancio Ortega was once again in the spotlight of global financial rankings: thanks to Inditex’s record results, he rejoined the list of the world’s ten richest people. This milestone coincided with his 90th birthday, highlighting not only the scale of his influence but also the resilience of the business empire he built. Ortega remains a symbol of Spanish entrepreneurship, even as he gradually distances himself from the day-to-day management of the company.
Generational Change
Ten years ago, when Amancio Ortega celebrated his 80th birthday, Inditex employees organized a heartfelt tribute for him at the headquarters in Arteixo. The event was arranged by Marta Ortega, who now leads the company and sets its strategic direction. Her creative and managerial decisions have enabled Inditex to reach new heights and return its founder to the ranks of the world’s top billionaires, as noted by Forbes. For Ortega, this became a symbolic birthday gift, and for the market, a testament to the effectiveness of family succession.
In 2026, Inditex fully completed its transition from the founder’s era to a new stage. This change was embodied by the closure of the company’s first Zara store on Juan Flórez Street in La Coruña, which had operated for 51 years. The location no longer met modern standards that require integration of online channels and new forms of customer interaction. Marta Ortega continues to transform the brand, focusing on innovation and collaborations with leading designers, including John Galliano.
Investments and Lifestyle
Despite his vast global assets, Amancio Ortega remains true to his familiar lifestyle in La Coruña. His investment portfolio focuses on premium real estate, energy, and infrastructure, particularly in port sectors. These areas offer stability and protect against fluctuations in consumer demand. Through his company Pontegadea, the Ortega family owns properties in major financial capitals around the world, from skyscrapers to historic buildings and hotels.
However, the entrepreneur himself prefers not to change his place of residence or circle of friends. The last time he appeared in public was in January, when he visited the Real Club Náutico in his hometown. On that occasion, a photograph surfaced on social media showing Ortega alongside former La Coruña mayor Paco Vázquez and Santander mayor Gema Igual. This rare episode offered a glimpse of his activities outside the business world.
Roots and traditions
Amancio Ortega’s main residence is a luxurious duplex on Avenida da Marina overlooking the La Coruña waterfront. Nearby are historic neighborhoods he often visits: Ciudad Vieja, María Pita Square, and San Antón Castle. Ortega enjoys walks in these areas and also frequents the ancient churches of Santa María do Campo and Santiago. Locals often spot him at Azcárraga Square as he goes about his daily routines.
The businessman’s second residence is the Drozo palazzo, located 17 kilometers from the city. This secluded 17th-century estate features an extensive garden, a swimming pool, and farmland with cows and horses. Family celebrations have taken place here, including the weddings of Ortega himself and his daughter Marta. Access to the estate is strictly limited, making it virtually inaccessible to outsiders.
Family values and leisure
In summer, Ortega prefers to spend time on the Valoria B yacht, often seen off the coast of Galicia. Last year, he was spotted in the village of Aldán and in Ribadeo, confirming his attachment to familiar routes. Family traditions remain important in his life: he celebrates anniversaries and holidays with close relatives, though such occasions rarely become public. Exceptions are when Inditex staff take part in these events.
The discussion around family values and inheritance is a frequent topic in Spanish society. For example, the story of dividing Fernando Onega’s library between his daughters sparked wide debate and highlighted the importance of personal choices in the fate of major family assets.
Amancio Ortega is a figure who has shaped not only Spain’s economic landscape, but also the country’s approach to family business. His journey from running a small textile workshop to founding the global Inditex brand has inspired many entrepreneurs. Known for his restraint and reluctance to draw public attention to his private life, Ortega prefers to focus on growing his assets and upholding family traditions. His investment strategy is pragmatic and aimed at long-term stability, allowing him to maintain influence even after handing over management to the next generation.
