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Ortega’s Irish Property Empire
Description
Amancio Ortega, Zara’s billionaire founder, is quietly building an empire in Irish real estate worth €324 million — just one piece of his €20 billion global property portfolio. Over the past three years, his Irish ventures have surged, turning a profit while snapping up prime assets like the €104 million Opus 6 apartment block and a massive €225 million logistics hub near Dublin — now used by Amazon. His latest Dublin docklands office building cost €70 million. Revenue and profits are climbing, with last year’s Irish properties earning €19.5 million and netting €5.8 million after tax. All this is fueled by his massive Inditex dividends — he’s set to pocket over €3.2 billion from his stake this year alone.
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