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Billionaire Zara founder Amancio Ortega to receive €3.23bn dividend

Payment for Inditex founder, the world’s 15 richest person, tops last year’s dividend of €3.1bn

The billionaire founder of Zara is to receive a company record €3.23bn (£2.8bn) dividend this year from the world’s biggest fashion retailer.

Amancio Ortega, who still controls 59% of Spain’s Inditex and whose daughter Marta Ortega Pérez is now chair, will receive half his dividend in May and half in November – as will other shareholders.

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from The Guardian https://ift.tt/UMS2g1d
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