Zara Mogul Ortega Invests in Paris, Barcelona, and Florida Real Estate

Spanish billionaire Amancio Ortega, the founder of global fashion retail giant Inditex SA, has acquired a five-star hotel in the heart of Paris, Bloomberg reports with reference to a representative of Pontegadea, the investment firm that manages Ortega’s assets. The hotel, purchased from Derby Hotels, is located in a prime district near the historic Grand Opera. The transaction is valued at $113 million (approximately 8.7 billion rubles), highlighting Ortega’s continued focus on high-end real estate investments across major global cities. Pontegadea holds a 59% stake in Inditex SA — the parent company of brands such as Zara, Bershka, and Pull & Bear — and reinvests its substantial dividends into property, infrastructure, and energy assets.