Pursuits

Spain’s Richest Woman Emerges With $5 Billion Zara Stake

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The daughter of Inditex SA co-founder Amancio Ortega became Spain’s richest woman after inheriting her mother’s stake in the world's largest clothing retailer.

Sandra Ortega Mera received more than 90 percent of Rosalia Mera’s fortune, including all of holding company Rosp Corunna Participaciones Empresariales SL, after Mera died in August, according to a person with knowledge of the inheritance who asked not to be identified because the matter is private. The two had controlled the entity together prior to Mera’s death in August.