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Inditex's money turns to brick and mortar

Amancio Ortega, founder of Inditex, reportedly manages a real estate portfolio valued at around 20 billion euros through his holding company Pontegadea, according to Forbes. Pontegadea, led by its chief executive officer, Roberto Cibeira, reinvests a significant portion of the dividends Ortega receives from the Galician textile multinational...

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