The founder of Inditex, Amancio Ortega, has reached a new record by becoming the first Spaniard to exceed $100 billion in assets, which places him in twelfth position in the Forbes ranking of the richest people in the world.
Specifically, the fortune of the Galician businessman amounts to 100.7 billion dollars (almost 91 billion euros), a figure that is far from the 81.8 billion euros with which Forbes Spain placed him as the richest person in Spain last month. of November.
In the current year, the textile firm of which Ortega is a majority shareholder has appreciated in the markets by more than 35%, which has allowed it to increase its assets significantly.
One of its latest purchases, through its investment arm Pontegadea, has been its first two ’boutique’ hotels in the center of Palma de Mallorca from a Swedish group for 35 million euros, as reported to Europa Press by sources familiar with the operation.
This is not the first time that the founder of Inditex has purchased hotel properties, as he also owns, among others, one located in Cádiz (Playaballena) and another in New York (Iberostar).
Aside from the hole sector, Ortega recently announced the purchase of a logistics warehouse in Miami for an amount of 113 million dollars (102.97 million euros).
In this way, Pontegadea continues with its real estate investments after receiving a total of 2,217 million euros this year in dividends from Inditex, above the 1,718 million it received for this concept last year.
The founder of Inditex invests part of the dividends he receives from Inditex in the real estate sector.
Ortega owns the largest Spanish real estate company, focused on the purchase and management of large buildings, with a portfolio of real estate assets mainly made up of office, non-residential buildings, located in the centers of large cities in Spain, the United Kingdom, the United States and Asia. .
