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Zara Cofounder Amancio Ortega now world’s richest real estate billionaire  

Spanish billionaire Amancio Ortega, founder of Zara and Inditex, has become the world’s largest real estate owner, with a portfolio exceeding 200 acquisitions valued at approximately $25 billion across 13 countries.

The milestone positions the 90-year-old mogul ahead of prominent global property investors including Australia’s Harry Triguboff and U.S. developer Donald Bren.

Ortega’s property holdings span more than 200 assets across 13 countries, with investments made through his investment firm Pontegadea.

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In 2025 alone, Ortega invested over $3 billion across 10 cities in eight countries, including a record-breaking $850 million acquisition of the historic Canada Post building in Vancouver, now leased to Amazon.

His total net worth is estimated by Forbes at $148 billion, making him the tenth-richest person in the world. The real estate expansion represents a strategic diversification from his fashion empire, fueled by Inditex dividends reinvested into premium commercial properties across major global cities.

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Ortega’s investment strategy is marked by a conservative, long-term approach, with Pontegadea typically acquiring “trophy assets” in prime urban locations through all-cash transactions, avoiding debt and focusing on stable, long-term rental income.

Key holdings include Madrid’s Torre Picasso skyscraper, London’s Devonshire House, and Seattle’s Troy Block office complex.The structure of his holdings allows tax optimization, with Ortega estimated to have saved roughly $800 million in wealth taxes over the past 25 years. With Ortega set to receive a record $3.8 billion dividend payout from Inditex in 2026, reports expect further expansion of his real estate empire.

Source : Nairametrics

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