https://feeds.thelocal.com/ Read the latest news and views from Spain in English en-us news@thelocal.com (TheLocal) webmaster@thelocal.com (TheLocal) TheLocal RSS Feed Spanish billionaire Amancio Ortega, founder of the biggest fast fashion group in the world, has entered the renewable energy sector with the purchase of a stake in a wind farm run by energy giant Repsol. https://www.thelocal.es/20211112/zara-founder-amancio-ortega-enters-renewable-energy-sector Fri, 12 Nov 2021 11:14:40 +0100 zara-founder-amancio-ortega-enters-renewable-energy-sector Bill Gates is the number one richest man in the world and an internationally known name. But how much do you know about the Spaniard at spot number two? https://www.thelocal.es/20160302/five-things-you-didnt-know-about-the-worlds-second-richest-man Wed, 02 Mar 2016 16:58:12 +0100 five-things-you-didnt-know-about-the-worlds-second-richest-man Zara co-founder Amancio Ortega surpassed Bill Gates as the world's richest man on Friday by nearly $2 billion, according to Forbes magazine's real-time calculator. https://www.thelocal.es/20151023/spanish-fashion-tycoon-beats-out-bill-gates-to-become-worlds-richest-man Fri, 23 Oct 2015 14:17:23 +0200 spanish-fashion-tycoon-beats-out-bill-gates-to-become-worlds-richest-man Spanish global clothing giant Inditex, owner of fast-fashion brand Zara, announced Wednesday a rare fall in quarterly profits even as it pushed ahead with an aggressive international expansion. https://www.thelocal.es/20140611/spains-inditex-profits-dip Wed, 11 Jun 2014 16:42:07 +0200 spains-inditex-profits-dip Spanish textile titan Inditex, owner of global fashion brand Zara, reported Wednesday slower profit growth in 2013 as it poured money into new stores, with up to 500 more to open this year. https://www.thelocal.es/20140319/inditex-profits-slip-amid-global-expansion-push Wed, 19 Mar 2014 11:22:00 +0100 inditex-profits-slip-amid-global-expansion-push Spain's Amancio Ortega, the head of the Inditex textile group and Europe's richest man, saw his fortune grow by $8.9 billion (€6.52 billion) in 2013, Bloomberg reported on Thursday, highlighting what was a great year for the world's wealthy. https://www.thelocal.es/20140103/we-dont Fri, 03 Jan 2014 11:35:25 +0100 we-dont With 2014 just around the corner, The Local takes a look at ten key figures who have shaped the news in Spain over a dramatic 12 months. https://www.thelocal.es/20131210/ten-spaniards-who-made-the-news-in-2013 Tue, 10 Dec 2013 18:22:00 +0100 ten-spaniards-who-made-the-news-in-2013 With a whopping €47.6 billion ($64 billion) in the bank, it comes as no surprise that Inditex co-founder Amancio Ortega tops Forbes's Spain Rich List. The Local takes a look at some of the other Spanish multimillionaires living la vida rica. https://www.thelocal.es/20131104/forbes-crowns-zara-boss-as-spains-richest Mon, 04 Nov 2013 15:50:00 +0100 forbes-crowns-zara-boss-as-spains-richest Spanish textile giant Inditex, owner of global fashion brand Zara, reported Wednesday a slight rise in profits in the first half of 2013 and a solid start to sales in the second half. https://www.thelocal.es/20130918/textile-giant-inditex-posts-weak-profit-growth Wed, 18 Sep 2013 15:47:16 +0200 textile-giant-inditex-posts-weak-profit-growth Amancio Ortega, the founder of Zara, has taken over the title of richest man in Europe from Ikea boss, Swede Ingvar Kamprad, according to the Swiss financial magazine Bilan. https://www.thelocal.es/20130711/zara-founder-named-europes-richest-tycoon Thu, 11 Jul 2013 19:09:00 +0200 zara-founder-named-europes-richest-tycoon Spanish clothing billionaire Amancio Ortega has found himself on the wrong side of the country´s tax office and will now have to cough up almost €33 million (42.5 million) in unpaid taxes. https://www.thelocal.es/20130705/zara-king-amancio-ortega-falls-foul-of-tax-office Fri, 05 Jul 2013 12:18:00 +0200 zara-king-amancio-ortega-falls-foul-of-tax-office Spanish textile giant Inditex, owner of the Zara brand, announced on Wednesday a rise in quarterly profit as it pursued a global expansion with a string of new stores including in Japan, China and Russia. https://www.thelocal.es/20130612/zara-sales-soar-as-brand-goes-global Wed, 12 Jun 2013 13:25:00 +0200 zara-sales-soar-as-brand-goes-global Amancio Ortega's life is a real rags-to-riches tale. The son of a railway worker, he built up a global clothing empire and was recently named by Forbes magazine as the third richest man in the world. https://www.thelocal.es/20130314/amancio-ortega-the-richest-man-youve-never-heard-of Thu, 14 Mar 2013 19:40:00 +0100 amancio-ortega-the-richest-man-youve-never-heard-of Spain's Inditex fashion group have announced its net earnings were up a 22 percent in the 12 months to the end of January but the stockmarket was not impressed with shares in the textile behemoth falling 4 percent. https://www.thelocal.es/20130313/inditex-stitches-up-huge-earnings-win Wed, 13 Mar 2013 12:55:00 +0100 inditex-stitches-up-huge-earnings-win The recession ravaging Spain's economy has not held back Amancio Ortega, who has just leaped to third place in Forbes magazine's listing of the richest people in the world after raking in a whopping €28.7 billion in 2012. https://www.thelocal.es/20130305/rich-list-zara-chief-ortega-hits-top-three Tue, 05 Mar 2013 11:10:00 +0100 rich-list-zara-chief-ortega-hits-top-three