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Amancio Ortega

Apple, Spanish billionaire Ortega line-up to buy Manchester United: Report

According to a report the largest tech company in the world wants to add Manchester United to its portfolio with a probable £5.8 billion takeover from the owners, Glazers

Apple, Spanish billionaire Ortega line-up to buy Manchester United: Report
Updated On : 25 Nov 2022 | 12:02 AM IST

Zara founder Amancio Ortega unveils $17.2 billion global real estate empire

Ortega, Spain's richest man, has diversified his fashion fortune to preserve his sizable wealth, investing more than $3 billion in US real estate in recent years.

Zara founder Amancio Ortega unveils $17.2 billion global real estate empire
Updated On : 07 Jul 2020 | 10:23 PM IST

Hurun's rich list 2020: Here are the top 10 richest people in the world

Amazon CEO, Jeff Bezos, retains the top spot on the list with $140 billion net worth, down $7 billion from last year, mainly due to the world's largest divorce settlement

Hurun's rich list 2020: Here are the top 10 richest people in the world
Updated On : 24 Jun 2020 | 8:54 AM IST

Zara owner Ortega buys $550 mn Madrid skyscraper

Amancio Ortega, Europe's richest man and founder of global fashion group and Zara owner Inditex, has bought one of Madrid's most famous skyscrapers for $551 million through his property investment arm, a source said.The purchase marks another step in the famously-reclusive billionaire's strategy to build a property empire through Pontegadea Inmobiliaria, one of the biggest property companies in Spain, and his holding company Pontegadea Inversiones.The source said that Pontegadea Inmobiliaria had bought the tower from Abu Dhabi tycoon Khadem al-Qubaisi, whose fund had exercised a last-minute purchase option from Spanish lender Bankia, its previous owner.Pontegadea Inmobiliaria declined to comment on the reported purchase of the tower - known as "Cepsa Tower" after the oil refiner Cepsa that leases it - which along with three others dominates the skyline of Madrid's northern district.

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Updated On : 01 Oct 2016 | 9:33 PM IST