A man was arrested in Costa del Sol for allegedly pointing a pistol loaded at …
Read More »Zara founder Amancio Ortega buys 500 million dollars worth of property to beat Spanish wealth taxes
Zara founder Amancio Ortega. Credit: Imaxe Press, Shutterstock Zara founder Amancio Ortega has gone on a global property shopping spree, snapping up more than $500 million (€460 million) in real estate to protect his fortune from Spain’s aggressive wealth tax laws, according to Bloomberg. Pontegadea, Ortega’s family office, purchased a 5-star hotel in Paris as well as a residential building …
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