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.
-
Spotted at Zara: 29 Amazing New Items That Basically Say "I'm Stylish"Everything from cool tops to pretty dresses.
-
Zara Is Serving Up Dreamy "Summer in Spain" Energy—These Are the Items I'm Buying FirstI'm transporting myself to Europe through my shopping cart.
-
Dripping in Wealth Is the Vibe—These 32 ElevatedReplica Store and Zara Summer Finds Fit the Bill PerfectlyUnder $200 and guaranteed to sell out.
-
Stop Attempting to Navigate Zara—I, an Expert, Dug Up All the New Items Worth BuyingTwenty-seven of them, to be exact.
-
I Write About Shopping All Day—30 Chic and Fun Accessories From Zara,Replica Store, and RevolveFrom big beads to tassel-adorned bags.
-
These Rich-Looking Pieces Are All Under $100 and Will Transform Your Style Now Through FallAffordable and stylish.
-
The 33 Best Anti-Trend Items at Zara, According to a Fashion EditorTime for a summer basics upgrade.
-
I Went to Shop the Zara Sale But Got Distracted by These 27 New-In Buys and Never Looked BackThey are too good.
