Amancio Ortega is a person.
Amancio Ortega Gaona ( [ aˈmanθjo orˈteɣa ɣaˈona ] ; born 28 March 1936 ) is a Spanish business tycoon . He is the founder and former chairman of Inditex fashion group , best known for its chain of Zara clothing and accessories retail shops . According to Forbes Magazine , he is currently the richest person in Europe , and the second richest in the world with an estimated net worth of $ 85.7 billion . He is also the wealthiest retailer in the world .