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 Perez is now chair, will receive half his dividend in May and half in November - as will other shareholders.