The Amancio Ortega family office: Pontegadea Investments

Pontegadea Investments the Amancio ortega family office

This article directly stems from the research process for our European single family office database. Our list of European single family offices includes the most important family investment vehicles that invest in various areas, such as financial markets, real estate, venture capital, private equity and renewables.

Amancio Ortega Europeans fashion billionaire

Amancio Ortega began his career in the fashion industry as a 14-year-old boy, working as a shop boy for a local shirt manufacturer called Gala. He went on to become one of the world’s richest fashion retailers. In 1975 he founded Inditex with his ex-wife Rosalia Mera. Inditex has 8 brands in its portfolio, including Zara, Pull & Bear and Massimo Dutti. Together, the holding company has more than 7,500 stores around the world. Thanks to its 60% stake in the company, Ortega receives an annual dividend of 400 million dollars. This has allowed him to amass a fortune of $130 billion, making him the second richest European.

Amancio Ortega Family Office Pontegaeda

The Amancio Ortega Family Office is called Pontegadea Investments SL. The company’s main focus is on property investments around the world. Through Pontegadea Investments, Ortega has acquired the largest real estate portfolio among European billionaires, with properties in Barcelona, Madrid, London, Miami, Chicago and New York. Already in 2017, the investment fund generated an income of €385 million in rents alone, making property investment a very safe way for Ortega to invest.

Latest investments of Pontegadea Investments

The Amancio Ortega family office is a major landlord for many companies around the world. They acquired a significant portion of Amazon’s headquarters in Seattle, worth more than US$740 million, making them Amazon’s largest landlord. Pontegadea also bought the Adelphi building in London for more than €680 million. In addition to their real estate investments, the family office is beginning to invest heavily in renewable energy. In 2023, its investments in wind, solar and other energy assets totalled $765 million.

Picture source: Florian Wehde via Unsplash

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