He also purchased the Epic Residences and Hotel in Miami, Florida. He purchased the Torre Picasso skyscraper in Madrid. In 2012 Ortega donated about €20 million to Caritas Internationalis, a Roman Catholic relief organisation. In 2011, Ortega announced his imminent retirement from Inditex, parent company of the Zara chain, stating that he would ask Inditex vice-president and CEO Pablo Isla to take his place as head. However, he has only ever granted interviews to three journalists. His public appearance in 2000, as part of the warm-up prior to his company's initial public offering on the stock market in 2001, made headlines in the Spanish financial press. In 2009, Zara was part of the Inditex group (Industrias de Diseño Textil Sociedad Anónima), of which Ortega owned 59.29%, and aside from over 6,000 stores included the brands Zara, Massimo Dutti, Oysho, Zara Home, Kiddy's Class, Tempe, Stradivarius, Pull and Bear, Bershka and has more than 92,000 employees. In 1975, he opened his first Zara store with his wife Rosalía Mera. In 1963, he founded Confecciones Goa to sell quilted bathrobes. Shortly after, he found a job as a shop hand for a local shirtmaker called Gala, which still sits on the same corner in downtown A Coruña, and learned to make clothes by hand. He left school and moved to A Coruña at the age of 14, due to the job of his father, a railway worker. The youngest of four children, Ortega was born in Busdongo de Arbas, León, Spain, to Antonio Ortega Rodríguez and Josefa Gaona Hernández from the province of Valladolid, and spent his childhood in Tolosa, Gipuzkoa. He is the head of the Ortega family and the second wealthiest retailer in the world. For a brief period of time in 2015, he was the richest man in the world, surpassing Bill Gates when his net worth peaked to $80 billion as Zara's parent company, Inditex's, stock peaked. As of November 2022, Ortega had a net worth of $62.9 billion, making him the third-wealthiest person in Europe after Bernard Arnault and Francoise Bettencourt Meyers, and the 18th-wealthiest in the world. He is the founder and former chairman of Inditex fashion group, best known for its chain of Zara and Bershka clothing and accessories shops. Amancio Ortega Gaona ( Spanish pronunciation: born 28 March 1936) is a Spanish billionaire businessman.
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