We all love Zara, that’s a given, and so it’s no surprise that a sizeable portion of our paycheck is handed over each month to the faithful high street store. But, what we didn’t realise - that is until today - just how much of it is lining the pockets of its fair founder, Amancio Ortega.
Ortega is one heck of a businessman, not only does he own Zara, but also seven other brands, like Pull & Bear, Massimo Dutti, Bershka and Uterque. Hence, he sits pretty in fourth place on Forbes 2017 list of Billionaires.
The octogenarian is worth a mighty $74.1billion (£59bill), which according to Forbes means he ‘typically earns more than $400million (£320mill) in dividends a year’. If you care to break out the calculator, you’ll see that’s $1,095,890 (£878,680) per day, or $761 per minute (£610). AKA, the man, is raking in more per minute than most of us earn a week, which if you’re curious is around £530. If that’s not a sign we need to kerb our Zara habit, nothing is.
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This article originally appeared on The Debrief.