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Last week was the 80th birthday of the President and founder of Inditex, Mr. Amancio Ortega. His birthday surprised him working, as he has been doing daily since the 50s when he opened a small store and atelier and where work gowns were sold. The employees of Inditex worldwide threw him a surprise celebration where Mr. Ortega became really emotional, so much that it became a Trending Topic. Inditex´s employees are themselves company´s shareholders, and his founder shares the success with them all. Inditex has even become a case study in the best worldwide Business Schools such as Harvard, Yale and MIT.
With the Inditex group and its different fashion brands like Zara, Left, Zara Home, Massimo Dutti, Uterqüe, etc., the fashion has reached to all the budgets. The company has created thousands of jobs worldwide and he is recognized for his great generosity with all the € millions donated each year to foundations such as Caritas (€ 40 million last year) or the Spanish Food Bank Foundation.
Since the 80th birthday of Zara´s founder, from the stalest and extreme left of the populist party Podemos, have rushed to launch attacks on Amancio Ortega´s wealth, that came alone as a result of his hard work along the years.
If a result of bad luck Inditex disappeared tomorrow, it would be a catastrophe in jobs, in taxes which would no longer were raised, in donations to organizations in need. While this gentleman created hundreds of thousands of jobs, creates wealth, he has not even been charged with tax fraud, and his name never appeared on tax paradises, such as the recent infamous Panama Papers. Nobody would want that to happen.
If ´Podemos´ of Mr. Pablo Iglesias disappeared tomorrow, whose members are dedicated to criticize and cast aspersion against Mr. Ortega while collecting € millions from Maduro´s Venezuela, a great interference issue by the way; who created companies to avoid paying taxes, and who are seeking to live the exchequer, if that happened, it would be totally irrelevant.