Zara Founder Amancio Ortega's Net Worth |Best Knockoff Luxury Clothing

last updated 30 January 2018

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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.

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Erin got her start as aBest Knockoff Luxury Clothing intern in 2011—back when the site only published a single story per day. (We have since increased that number twentyfold.) She graduated magna cum laude from USC and lives in Los Angeles. In college, she also interned at Refinery29, where she was promoted to editorial assistant and then assistant editor. After nearly three years at R29, she came back to WWW in 2015, where she is now the Associate Director of Fashion News. From the Oscars to the Met Gala, she leads the site's entire red carpet coverage strategy. She specializes in celebrity and fashion news but also enjoys writing travel features and runway reports. She frequently contributes to WWW's social accounts and has a sizable following on her personal TikTok.