This is how Marta Ortega, the new president of Inditex, lives and spends her fortune: Amancio's daughter is passionate about horse riding and yachts and has her own 500-square-meter "bunker"
She is the daughter of the sixth richest person in the world, Amancio Ortega, but Marta Ortega is much more than a millionaire. She graduated in International Trade, she has been part of the group since 2007, and of which she will take the reins on April 1, 2022, after being appointed president by the board of directors of the company that owns Zara.
The appointment of Ortega, replacing Pablo Isla, opens a new era for the Galician giant. A challenge for which he will use a new management cast of his full confidence.
Born in Vigo in 1984, Marta Ortega has always wanted to live discreetly and away from the media spotlight, something that she has done quite successfully as the daughter of Amancio Ortega, the richest Spaniard in the world, according to Forbes data. which estimate the fortune of Amancio Ortega at 55,100 million dollars (more than 45,500 million euros).
Ortega, who is a director of several business companies, has worked as a saleswoman in Bershka stores in Oxford and has even been an Amazon. Her passion for horses that she developed at the Casas Novas Equestrian Club, where years later she would celebrate her second wedding, a social event worth millions of euros and which even included a star performance by Chris Martin, lead singer of Coldplay. .
The tastes of the board undoubtedly go through expensive properties in Madrid and Barcelona -the latter even includes a bunker-, and devotion to fashion brands such as Balenciaga or Valentino, but also to more affordable hobbies such as novels by Paul Auster or a drink with friends at Rialto, a well-known place in La Coruña.
But there is much more to discover:
Marta Ortega, future heir to the textile giant, was born in Vigo, Galicia, in 1984, the result of the second marriage of Amancio Ortega.
Source: Vanitatis
She is the daughter of the founder of Inditex, who is neither more nor less than the sixth richest person in the world, with an estimated fortune of 45,500 million euros.
Source: Forbes
The path to reach that figure has not been easy. In the 1960s, Amancio Ortega and his first wife, Rosalía Mera, sewed wadding gowns by hand.
Source: Shbarcelona
The gowns that used to cost around 800 pesetas –and which today would have an approximate value of 30,000 pesetas (about 180 euros)– are now sold in collectors' shops for 800 euros.
Source: Public
In 1963, Confecciones GOA —the initials of Amancio Ortega Gaona backwards— began to be a reality. It was a modest workshop, in which women's dresses and gowns were made for distribution.
Source: Inditex
After 12 years dedicated to textile manufacturing, Amancio Ortega opened his first Zara store in the center of La Coruña in 1975.
Source: Inditex
In 1985 the Inditex group was created, which integrates all the company's activities.
Inditex
Source: Shbarcelona
Today, Zara is one of the world's best-known fashion brands, with more than 2,000 stores worldwide.
Inditex
Source: Business Insider
The group, which also owns Bershka, Massimo Dutti and Stradivarius, expects to generate 25% of its turnover this year through online business.
Inditex
Source: Modaes
And at the head of this entire empire will soon be Marta Ortega, who is a director of Partler, a company in which the founder of Inditex transferred control of 9.28% of Inditex's capital.
Source:Five Days
Since 2012, she has also been a director of Grilse, a company dedicated to the rental of real estate, chaired by her mother, Flora Pérez.
Source: Five Days
This is how Amancio Ortega, the richest Spaniard in the world, lives and spends his fortune: he has more than 55,000 million euros, his own private jet and a 67-meter yacht
Marta Ortega's parents, who sealed their engagement in 2002, have been together for almost 40 years.
Source: Vanity Fair
Flora Pérez Marcote is a director of Inditex, which represents Pontegadea Inversiones.
Source: La Opinion A Coruña
Pontegadea Inversiones is the umbrella that covers a good handful of subsidiaries in Spain and abroad. Together with Partler, she owns almost 60% of Inditex and has a real estate portfolio currently valued at around 13,000 million euros.
Source: Cotizalia
Sandra Ortega, eldest daughter of the founder and the result of her marriage to Rosalía Mera, is the richest Spaniard in Spain, with assets close to 6,300 million euros.
Source: ABC
Marta Ortega, however, opted for the business world and graduated in International Trade from the European Business School in London.
Source: Digital Economy
But before this, Ortega studied at the Santa María del Mar Jesuit school in La Coruña and continued her studies at a boarding school in Switzerland.
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Source: The Huffington Post
Marta Ortega became part of the textile giant in 2007 and began with a training period in different international destinations and business areas.
Inditex
Source: Digital Economy
During her time in London, she worked as a shop assistant in Bershka's Oxford stores.
Source: The Huffington Post
In addition to Spanish and Galician, Ortega speaks English, French and Italian.
Source: The Huffington Post
Since 2015, she is a member of the Amancio Ortega Foundation.
Source: The Confidential
In 2017, the foundation donated more than 300 million euros to Spanish public hospitals for the fight against breast cancer.
Source: The Newspaper
During the COVID-19 pandemic, the foundation bought 63 million euros worth of medical supplies that were allocated to Spanish hospitals.
Source: Cope
Marta Ortega attended the group's shareholders' meeting for the first time in 2017.
Source: Vigo Lighthouse
Inditex will close all its Bershka, Pull&Bear and Stradivarius physical stores in China to focus on online sales
In 2019, he was also present at another important moment within the company: the appointment of Carlos Crespo as CEO of Inditex.
Source: Vanity Fair
Amancio Ortega advised his daughter to have Pablo Isla, until now president of Inditex, as a reference.
Source: The Confidential
Marta has been involved in the world of fashion for years. In 2019, she attended the CFDA awards gala, known as the fashion Oscars, in New York, where she posed alongside heavyweights from the sector.
Source: Vanity Fair
But she doesn't pretend to be any it-girl. Her instagram profile is private and she has about 1,200 followers.
Source: The Huffington Post
Inditex reflects in its new regulations the commitment to increase the presence of women in senior management positions
However, she always manages to be a trend. The Galician occupied all the digital ones by wearing a Zara coat of almost 400 euros.
Inditex
Source: The Vanguard
For years she competed as an Amazon. Now, one of her mares, Dana Blue, has just established herself as the best of her breed internationally.
Source: Vanitatis
She is also a fan of running, so much so that it is quite common to find her participating in the 'San Silvestre Coruñesa'.
Source: Vanity Fair
But we know more: among her main authors are Paul Auster, Haruki Murakami or the novelist Irène Némirovsky.
Source: The Huffington Post
She is very familiar and leads a discreet life in La Coruña. In fact, it is common to see her at Christmas with her friends at Rialto, a well-known cocktail bar in the city.
Source: Vanity Fair
Until now, Marta Ortega worked in the product design area at Zara Woman at the Inditex headquarters in Arteixo (Galicia).
Iniditex
Source: ABC
Although she also has unaffordable tastes: her favorite firms are Balenciaga, Valentino, Lanvin or Chloé.
Source: Europe Press
According to the Valentino website, her handbags have an average price of 2,000 euros, while an evening dress can be close to 8,000 euros.
valentine
Source: Valentine
While a bag from the Chloé firm can reach 1,390 euros, one from Lavin is close to 6,000 dollars, almost 4,900 euros.
Lanvin
Source: Chloé, Lanvin
In 2018, she bought a property in Madrid, in the Salamanca neighborhood. Real estate sources detail that square meter in the area can reach up to 14,000 euros.
Source: The Country
With this property, Ortega became a neighbor of Diego Pablo Cholo Simeone, the coach of Atlético de Madrid.
Atletico Madrid
Source: The Country
The Ortega family usually enjoys the Costa Azul aboard the yacht 'Drizzle', a 67-meter boat owned by Amancio Ortega and valued at 30 million euros.
Source: ABC
Amancio Ortega owns a building on Paseo de Gracia in Barcelona and, according to El Mundo, one of these flats, which would be an "authentic bunker" of 520 square meters, would have gone to Marta Ortega. However, from Pontegadea they assure that no house with these characteristics has been given to the young heiress.
World TravelBlog
Source: The World
However, companies in the sector have explained to Business Insider Spain that the prices of the bunkers could range from 3 million to 12, depending on its characteristics.
monapart
In 2018, she was seen on the red carpet. Yes, she at the Oscar ceremony and she did it hand in hand with her partner, Carlos Torretta.
Source: The Huffington Post
After the event, she attended the after party that Vanity Fair has organized since 1994, and in which most of the guests are celebrities such as Emma Stone or Sofía Vergara.
Source: Vanity Fair
There, Marta Ortega coincided with another Spanish: the winner of Wimbledon, Garbiñe Muguruza.
Source: Vanity Fair
Her first wedding altar was the work of influential sculptor Anish Kapoor. His creations can cost 23 million euros.
Source: Europe Press
If the first wedding was spectacular, the second together with Carlos Torretta, son of designer Roberto Torretta, was a worldwide event.
Source: Vanity Fair
Media such as Vanity Fair estimated that the wedding, held in 2018, exceeded 4 million euros, but the truth is that the magnitude of the event raises that figure.
Source: Vanity Fair
400 guests attended and international artists such as Chris Martin, Norah Jones and Jamie Cullum performed.
Source: Vanity Fair
A leak from the Degy Entertainment agency placed the minimum price for private performances by the Coldplay group, of which Chris Martin is its singer, at 620,000 euros.
Source: Digital Economy
Norah Jones and Jamie Cullum's caches range from $50,000 to $75,000.
Antenna 3
Source: Digital Economy
Marta Ortega wore up to 4 Valentino dresses from her haute couture collection. More than 100,000 euros per garment, according to industry estimates.
Source: Digital Economy
All the dresses had the signature of Pierpaolo Piccioli, creative director of Valentino, who did not miss the event.
Source: Telva
The bride's bouquet and floral decoration were the work of Belgian Thierry Boutemy, one of the best florists in the world.
Source: Digital Economy
To decorate the Casas Novas equestrian club, where the event was held, 300 trees were brought from Belgium.
Source: Digital Economy
The wedding photos, captured in the Ortega family home, were the work of acclaimed German photographer Peter Lindbergh, a close friend of Marta Ortega.
Source: The Vanguard
Lindbergh has portrayed from Meghan Markle to actresses of the stature of Julianne Moore or Nicole Kidman.
Source: The Vanguard
The couple celebrated their honeymoon in India. They stayed at the Ahilya Fort Hotel, located on the banks of the holy Narmada River, in Maheshwar province.
booking.com
Source: Vanity Fair
The hotel, which only has 18 rooms, was recognized in 2016 as one of the best hotels in the world, according to the Town & Country Travel 100.
booking.com
Source: Ahilya Fort
According to the reservation portal Booking.com, a suite with river views is priced at 283 euros per night.
booking.com
Source: Booking.com
In the labor field, in September 2019, Carlos Torretta began to take charge of Zara.com's communication management.
Source: The Vanguard
In 2020, Marta Ortega slipped into the Forbes list of the most influential people in Spain. Ranking led by Queen Letizia Ortiz, followed by Ana Botín, president of the Santander Group.
Spanish Royal House
