Billionaire Zara founder Amancio Ortega to receive €3.23bn dividend

The Guardian - World NewsEN 3 min read 100% complete by Sarah ButlerMarch 11, 2026 at 07:38 PM

AI Summary

medium article 3 min

Zara founder Amancio Ortega is set to receive a record €3.23 billion dividend from Inditex, the world's largest fashion retailer, due to the company's strong financial performance. Inditex, which owns brands like Bershka and Massimo Dutti, announced a 4% dividend increase following a 3.2% rise in sales to €39.9 billion and a 5.8% increase in pre-tax profits to €8 billion for the year ending January 31, 2026. Ortega, who controls 59% of Inditex, will receive his dividend in two installments in May and November. Inditex plans to expand its store space by 5% this year and continue online growth, with sales already up 9% in early 2026. Ortega has previously used dividend payouts to invest in real estate.

Key Entities & Roles

Key Player Opposition Context

London 30% New York 30% Massimo Dutti 40% Bershka 40% Pull&Bear 40% Stradivarius 40% Oysho 40% Spain ×260% Marta Ortega Pérez ×270% Zara ×280% Inditex ×9100% Amancio Ortega ×7100%

Keywords

dividend 100% amancio ortega 90% inditex 90% fashion retailer 70% financial performance 60% wealth tax 50% store expansion 50% property investment 40%