Who Is the Richest Man in Barcelona?

By Michael Ferguson

Barcelona, the capital of Catalonia region in Spain, is a city that boasts an abundance of wealth and luxury. With its stunning architecture, world-class restaurants, and thriving economy, it’s no wonder that Barcelona is home to some of the richest people in the world. But who is the richest man in Barcelona?

After some research, we have found out that the title of the richest man in Barcelona belongs to none other than Amancio Ortega.

Amancio Ortega:
Amancio Ortega is a Spanish businessman who is best known as the founder of Zara, one of the world’s most successful fashion retailers. He was born on March 28th, 1936 in Busdongo de Arbás, a small village in northern Spain. Ortega started his career as a delivery boy for a local clothing store and eventually worked his way up to become one of the wealthiest men in the world.

Ortega’s net worth is estimated to be around $70 billion as of 2021 according to Forbes. He has been named as one of the richest people in Spain and has even surpassed Microsoft co-founder Bill Gates as the second-richest person in the world at one point.

How Did Amancio Ortega Build His Wealth?

Ortega’s success story started with Zara. In 1975, he founded Inditex Group which owns several fashion brands including Zara, Pull & Bear, Bershka and Massimo Dutti among others.

Over time, he expanded his business globally and now has over 7,000 stores worldwide. Amancio Ortega owns nearly 60% of Inditex Group which contributes majorly to his net worth.

Ortega is also known for his real estate investments through Pontegadea Inmobiliaria which owns properties across Europe and America including prime locations like Fifth Avenue in New York and the Champs-Élysées in Paris.

Philanthropy:

Despite being one of the richest men in the world, Amancio Ortega is known for his low-key lifestyle and philanthropic work. He has donated millions of dollars to various organizations including health care and social welfare programs. In 2019, Ortega donated $320 million to the Spanish healthcare system which was used to purchase advanced equipment for cancer treatment.

Conclusion:

In conclusion, Amancio Ortega is undoubtedly the richest man in Barcelona and one of the wealthiest people in the world. His success story is a testament to hard work, determination, and business acumen. Despite his immense wealth, he remains committed to giving back to society and making a positive impact on the world.