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Commercial & Business News  /   Europe  /   End of the line for Zara tsar who built a €9bn empire

End of the line for Zara tsar who built a €9bn empire

5:02pm GMT, Thursday, 13 January 2011

Amancio Ortega, the wealthiest man in Spain and perhaps one of the world’s most reclusive moguls, has tiptoed into the spotlight this week by announcing his imminent retirement from the fast-fashion giant Inditex, parent company of the Zara chain, which he founded with a single store in La Coruna 35 years ago.

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