Who Currently Owns Zara? The Surprising Truth

Amancio Ortega, the wealthiest person in Spain and one of the wealthiest people in the world, founded Inditex, the parent company of Zara, the largest global fashion retailer. He stepped down as chairman in 2011 but remains a major shareholder in the company.

Inditex is a publicly traded company, meaning that its shares are available for purchase on the stock market. This means that while Ortega is a major shareholder, he doesn’t solely own Zara. Many individuals and institutions own shares of Inditex, and therefore indirectly own a part of Zara.

However, Ortega’s stake in Inditex is significant, making him a powerful figure within the company. Through his ownership, he has a considerable influence on the direction of the company and the brand. His vision and leadership have helped Zara to achieve its current success, making it a global fashion powerhouse. He is known for his focus on innovation, speed, and efficiency, all of which have contributed to Zara’s phenomenal growth and popularity. While he’s no longer the chairman, his legacy continues to shape the company and its brand, making Zara a well-respected and successful retailer.