By Euro Weekly News Media • Published: 16 May 2016 • 12:39
THE Inditex Group, of which Amancio Ortega still holds nearly 60 per cent of the shares, continues to go from strength to strength with a net profit for their last financial year of €2.8 billion.
With dividends of 60 cents per share, paid half now and half in November, he is due to pocket €1.11 billion. His daughter, who inherited 7 per cent of the shares from her deceased mother, will receive around €94 million.
There is an old saying that money attracts money which to some extent is true, but there is no doubt that the owner of Zara and eight other brands, has done an incredible job in building such an incredibly powerful and popular group.
Share this story
Subscribe to our Euro Weekly News alerts to get the latest stories into your inbox!
By signing up, you will create a Euro Weekly News account if you don't already have one. Review our Privacy Policy for more information about our privacy practices.
Share your story with us by emailing newsdesk@euroweeklynews.com, by calling +34 951 38 61 61 or by messaging our Facebook page www.facebook.com/EuroWeeklyNews
By signing up, you will create a Euro Weekly News account if you don’t already have one. Review our Privacy Policy for more information about our privacy practices.
Download our media pack in either English or Spanish.