Amancio Ortega is not having the best welcome to the summer and, for the second consecutive week records negative figures in the assessment of its assets for the stagnation of the Price of its main source of income: Inditex.
The Spanish millionaire has lost two positions in the last fifteen days and, with it, he leaves, the least provisionally, the “top 10” of greater fortunes of the planet that Forbes updates in real time.
The difficult thing is not to arrive, it is to stay
At the beginning of 2024, the Millionaire Lions based in La Coruña, became part of the select club of 100,000 million, as prelude to sneak between the top 10 of the world’s largest fortunes. The founder of Inditex had to wait almost a year to finally ascend to the tenth position in the list of major fortunes of Forbes.
Since then, Ortega has changed his position to the stock exchange causes caused by Trump’s tariff war. However, the veteran investor had remained more or less stable between the eighth and ninth position thanks to the stability provided by his real estate investments with Pontegadea, which contributed to maintaining his fortune at about 131.8 billion dollars.
However, the assessment of his fortune has not stopped suffering setback since Inditex presented his quarterly accounts. Although the results were positive, with a growth of 1.5%, to 8,247 million euros, the investors of the multinational textile believe that they are not good enough due to their low growth.
As a consequence, the firm’s actions initiated a bearish rally dragging in its fall to the fortune of its main shareholder, with 59,294%assigned to their companies Pontegadea Inversiones (50.010%) and Partler 2006 (9,284%).
Inditex is still decisive for Ortega
To put in context the fall in its price, the day before the presentation of results, the price of the action closed at 49.21 euros, today the action is quoted at 43.39 euros, its lowest price since April 2025. With these data, the firm led by Marta Ortega is left 13.73% so far this year.
This progressive fall of this asset has had a direct impact on the assessment of fortune. In the last hours he has registered estimated falls at more than 2.3 billion dollars, placing his fortune at 117.6 billion dollars.
After this fall in the assessment of his heritage, the Spanish millionaire is in the twelfth position behind Michael Dell, which with an estimated heritage of 121.1 billion stands in the eleventh position of the Forbes ranking. However, Ortega is fair ahead of Bill Gates, which with 116.5 billion dollars as a fortune is in the thirteenth position.
The place of Amancio Ortega in the Top 10 of Millionaires of Forbes is now occupied by Jensen Huang, co -founder and CEO of Nvidia, which amounts to the tenth place with a fortune of 134,500 after adding 5.5 billion to the estimation of its heritage.
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Imagen | GTRES, Unsplash (Praswin Prakashan)
