You are here

Zara owner builds US$10b property empire

Relying on all-cash offers, Ortega, 77, outbids world's top institutional funds and property investors
Thursday, March 20, 2014 - 06:00

[NEW YORK] Amancio Ortega Gaona, already the world's fourth-richest person based on the success of his Zara fashion retail stores, has quietly amassed a real estate empire worth as much as US$10 billion and is emerging as a formidable competitor for prime properties from London to Beverly Hills

Market voices on:

Pair your daily business read with the perfect cup of espresso.

Subscribe to The Business Times today to receive your very own Nespresso Inissia coffee machine worth $188.

Find out more at

Powered by GET.comGetCom