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Industria de Diseño Textil, S.A. (0QWI.L)

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  • Reuters

    Zara founder Ortega's real estate assets worth $15.5 billion in 2021

    The family office of Spanish billionaire Amancio Ortega, founder and main shareholder of fashion group Inditex, reported on Thursday its real estate assets' market value rose by over 1 billion euros to 15.2 billion euros ($15.53 billion) in 2021. Pontegadea, the Ortega family's investment vehicle, controls a 59.29% stake in Inditex and manages a portfolio of property investments that include buildings in New York, Toronto, London and downtown Madrid. The real estate asset portfolio was worth 14.08 billion euros at the end of 2020.