Amancio Ortega news and archive

Founder of Inditex acquires 49 percent of UK's PD Ports

Madrid – Amancio Ortega, founder and majority shareholder of Inditex, the owner of Zara, continues to expand and diversify his investment portfolio. He has increased his list of logistics assets with the purchase of 49 percent of the British port company PD Ports. PD Ports is one of the UK’s leading port groups and the statutory body for the...

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Fashion’s billion-dollar dividends, Zara owner cashes in

Inditex’s largest shareholder, Amancio Ortega, is set to receive a record dividend payout of 3.1 billion euros this year, according to Bloomberg. As the owner of a fifty-nine percent stake in the retail giant, the Zara founder has benefitted from a nine percent increase in shareholder returns. While billion-dollar dividends remain a rarity in...