At the start of 2026, Amancio Ortega once again drew global financial attention: thanks to Inditex’s record results, he returned to the top ten richest people in the world. This milestone coincided with his 90th birthday, highlighting not only the scale of his influence but also the resilience of the business empire he founded. Ortega remains a symbol of Spanish entrepreneurship, even as he gradually distances himself from the company’s day-to-day management.
A Generational Shift
Ten years ago, when Amancio Ortega turned 80, Inditex employees organized a heartfelt celebration for him at the headquarters in Arteixo. The event was led by Marta Ortega, who now heads the company and shapes its strategy. Her decisions in creativity and management have enabled Inditex to reach new heights and brought the founder back into the ranks of the world’s billionaires, as Forbes notes. For Ortega, this became a unique birthday gift; for the market, it reaffirmed the effectiveness of family succession.
For Inditex, 2026 marked the definitive transition from its founder’s era to a new chapter. The closure of Zara’s very first store on Juan Flórez Street in La Coruña, which had operated for 51 years, symbolized this change. The location no longer met modern standards, which now require integration of online channels and new ways of engaging customers. Marta Ortega continues to transform the brand, focusing on innovation and partnerships with top designers, now including John Galliano.
Investments and Lifestyle
Despite his global wealth, Amancio Ortega remains true to his customary lifestyle in La Coruña. His investment portfolio is focused on premium real estate, energy, and infrastructure, particularly port facilities. These sectors offer stability and protect against fluctuations in consumer demand. Through the company Pontegadea, the Ortega family owns properties in the world’s major financial capitals—from skyscrapers to historic buildings and hotels.
Yet the entrepreneur himself prefers not to change his residence or social circle. His most recent public appearance was recorded in January, when he visited the Real Club Náutico in his hometown. That same day, a photo circulated on social media showing Ortega with former La Coruña mayor Paco Vázquez and the mayor of Santander, Gema Igual. This episode was a rare confirmation of his activity outside the business sphere.
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 where he is often seen: Ciudad Vieja, María Pita square, and San Antón castle. Ortega enjoys walking these areas and also visits the old churches of Santa María do Campo and Santiago. Locals often spot him at Azcárraga square as he goes about his everyday activities.
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 a working farm with cows and horses. Family celebrations are held here, including the weddings of Ortega himself and his daughter Marta. Access to the estate is strictly limited, making it almost unreachable for outsiders.
Family values and leisure
In summer, Ortega prefers to spend time on the yacht Valoria B, which has been spotted off the Galician coast. Last year, he was seen in the village of Aldán and in Ribadeo, confirming his attachment to familiar routes. Family traditions remain central to his life: he celebrates anniversaries and holidays with his closest relatives, although such gatherings rarely become public knowledge. Exceptions only occur when Inditex staff are involved in the celebrations.
Family values and the transfer of legacy are frequently discussed topics in Spanish society. For example, the case of Fernando Onega’s library being divided between his daughters sparked widespread debate and highlighted the importance of personal decisions in the fate of major family assets.
Amancio Ortega is a figure who has shaped not only Spain’s economic landscape but also the approach to family business. His journey from the owner of a small textile workshop to the founder of the global brand Inditex serves as an example for many entrepreneurs. Ortega is known for his discretion and reluctance to draw attention to his personal life, preferring to focus on developing assets and maintaining family traditions. His investment strategy is marked by pragmatism and a commitment to long-term stability, allowing him to retain influence even after passing management to the next generation.
