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The Guardian - UK
The Guardian - UK
Business
Sarah Butler

Billionaire Zara founder Amancio Ortega to receive €3.23bn dividend

a shopper with a brown paper Zara bag
Zara is owned by Spain’s Inditex, the world’s biggest fashion chain. Photograph: Vincent West/Reuters

The billionaire founder of Zara is to receive a company record €3.23bn (£2.8bn) dividend this year from the world’s biggest fashion retailer.

Amancio Ortega, who still controls 59% of Spain’s Inditex and whose daughter Marta Ortega Pérez is now chair, will receive half his dividend in May and half in November – as will other shareholders.

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