Update, August 30, 2017: You probably already know that the founder of Zara, Amancio Ortega, is seriously wealthy, but the billionaire just accomplished a next-level feat. According to Forbes's real-time rankings, he is officially the richest person in the world as of Wednesday afternoon. His net worth is now a whopping $85 billion (£64 billion), beating Bill Gates by roughly $200 million (£150 million).
Originally published on March 21, 2017: You could probably guess that the founder of Zara would be quite wealthy—but exactly how much money he earns will astound you. Forbes just released its new 2017 Billionaires List, and Amancio Ortega was officially declared the fourth-richest man in the world, thanks to profits from Zara and the seven other brands owned by parent company, Inditex.
According to Ortega's Forbes profile, the 80-year-old's net worth is a staggering $74.1 billion (£56 million), and he "typically earns more than $400 million (£300 million) in dividends a year." That translates to average earnings of $1,095,890 (£823,561) per day and $761 (£572) per minute.
Clearly, Zara is the ultimate money-making machine—perhaps you can take solace in the fact that you're not the only one spending your entire paycheck on the retailer's statement-sleeve blouses and printed dresses.
Inspired by the Forbes news, scroll down to shop our best Zara picks.
Related: From H&M to Ganni, These Are My 22 Favourite Floral Dresses Right Now
Craving more shopping? See what to buy now.
-
I Just Removed Everything From My Sister's Zara Cart—Here’s What I Added InsteadYour summer wardrobe, sorted.
-
I Spend a Month in Greece Every Summer—31 Chic Zara Vacation Essentials I'm Eyeing for My Next TripNow, let's just hope it all fits in my luggage.
-
I'll Know You Have Good Taste If These 30 New Arrivals Are Already in Your Shopping CartA little summer wardrobe update.
-
If You Thought These New Zara Finds Were Designer, I Wouldn't Blame YouChic, elevated, and under $150.
-
Forget Baggy Jeans—Genie Pants Are the New Summer Trend European It Girls Can't Stop Talking AboutPlus, the viral Zara pair everyone's buying.
-
My Sellout Senses Are Tingling: This New Designer-Passing Zara Top Will Be the First to GoI give it one week.
-
I'm Revealing My Secret Hack for Finding the Most Expensive-Looking Things at ZaraShop now; thank me later.
-
I Removed Everything From My Friend's H&M, Zara, and J.Crew Carts and Added These 33 ReplacementsSorry for the snark.
