Amancio Ortega, the billionaire founder of Inditex SA, also known as Mr Zara, is preparing to put $ 3.1 billion in dividends in his accounts. The businessman who has changed the fashion industry of rapid consumption continues to rich, despite market fluctuations. Inditex, Zara’s parent company, announced a 9%increase in the dividend, reaching 1.68 euros per share. As a key shareholder of the company with 59% through Pontegadea, his family investment vehicle, Ortega remains the absolute ruler of the empire he created six decades ago. The 88 -year -old tycoon has received more than 9 billion euros in dividends since 2001, when Inditex entered the stock market, according to Bloomberg. The 14th richest man in the world Ortega’s property is estimated at $ 105.3 billion, making the 14th richest man in the world, according to Bloomberg Billionaires Index. However, Inditex’s shares recently suffered the greatest drop in […]
Source: News Beast
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