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Zara Founder Unveils $17.2 Billion Global Real Estate Empire

  • Spain’s richest man owns several iconic U.S. properties
  • His fortune has slumped as pandemic results in store closings
Amancio Ortega
Amancio OrtegaPhotographer: Iago Lopez/AP
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After making a fortune in clothing, Amancio Ortega turned his attention to real estate.

The Spanish billionaire’s property holdings have soared to 15.2 billion euros ($17.2 billion), his firm revealed Tuesday for the first time, giving him the largest real estate portfolio among Europe’s super-rich.