The authorities of the Spanish city refused to name the street in honor of the owner of Zara

The Council of the Spanish city of Dos Hermanas blocked the proposal to rename one of the streets in honor of the owner of Zara and Massimo Dutti, billionaire Amancio Ortega.

Now the street bears the name of the former head of the Communist Party of Spain, which the right-wing forces consider to be the “chief security officer” responsible for executions during the Civil War.

The Council of the Spanish Dos Hermanas (province of Seville) decided not to rename one of the city streets in honor of the billionaire Amancio Ortega, the founder and beneficiary of the Inditex holding (owns the brands Zara, Oysho, Massimo Dutti, Pull & Bear).

A proposal to rename the street, which now bears the name of the former Secretary General of the Communist Party of Spain, Santiago Carrillo, was submitted to the Council for consideration by the far right Vox party.

 During the vote, this proposal was rejected, including representatives of the ruling Spanish Socialist Workers Party, which were ruling in the country.

The center-right faction abstained, the local newspaper Dos Hermanas Info reported.

The Vox party proposed renaming the street in honor of Amancio Orgeti, taking into account the «model behavior» of the businessman.

Among the merits of the 83-year-old billionaire, the deputies said that he created more than 170,000 jobs worldwide, pays almost € 1.1 billion in taxes and salaries in Spain annually, donates € 310 million to the national health system for the purchase of equipment for diagnosis and treatment cancer. In addition, Ortega donated € 40 million for the needs of medical institutions in Andalusia and allocates funds for training 600 Spanish students at universities in the United States and Canada.

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Deputies of the far-right party emphasized that renaming the street would fulfill the requirements of the European Parliament resolution of September 19, 2019 “On the importance of preserving historical memory for the future of Europe”, which condemns “any manifestation and dissemination of totalitarian ideologies such as Nazism and communism in the European Union”. Party spokesman Adrian Trasorras said the late Communist leader named after the street was, according to historians, the local “head of the Chekists” and was responsible for executions during the Civil War and Defense of Madrid. “Dos Hermanas should not have a single street named after a man of dubious reputation and honor,” said Trasorras.

In response, Adelante Left Alliance representative Fran Garcia Parejo said the Vox proposal only sowed “hatred and contention” among the population. He expressed doubts about the honesty of billionaire Ortega and the legitimacy of his actions, accusing the Inditex group of tax evasion of € 585 million and the use of «slave labor» in their factories abroad. Agustin Moron, a deputy from the ruling socialist party, expressed public gratitude to Ortega for his donations, but calculated that their total amount does not exceed 1% of the state of a billionaire: in this way Ortega donates to the charity only “€ 0.3 per day,” Moron said. He recalled that the leader of the Communists Carrillo was one of the most important figures during the transition of Spain from the dictatorship of Franco to democracy.

 

Amancio Ortega became the richest man on the planet

 

Deputies from the center-right parties that abstained from voting noted that “the dead are already dead,” and therefore the Vox proposal will only lead to new conflicts in society.

 

Former store clerk, Amancio Ortega founded Inditex with his ex-wife Rosalia Mera in 1975. They turned the business into an international holding company, which now owns eight brands and 7,500 stores worldwide. The capitalization of the holding, as of November 1, exceeds € 87 billion. Ortega in the holding owns 59.29%.

 

The billionaire is ranked sixth in the ranking of the richest people in the Forbes world. Forbes estimated his fortune at the beginning of 2019 at $ 62.7 billion (now $ 69.7 billion, according to Forbes Real-Time). In 2015, the owner of Zara for the first time became the richest man, but did not hold this status for long. He is now ahead of Jeff Bezos ($ 110.8 billion), Bill Gates ($ 106.3 billion), Bernard Arnault ($ 102.6 billion), Warren Buffett ($ 83.9 billion) and Mark Zuckerberg ($ 71.1 billion).

 

First in Europe: Amancio Ortega made a fortune of $ 2.2 billion per day

 

Ortega receives more than $ 400 million annually in dividends. He spends most of this money on real estate investments in New York, Madrid and London. He allocates part of the funds to charity in Spain, including the purchase of equipment for the treatment of cancer patients. And for this, traditionally criticized by left-wing politicians. “Spain is not a banana republic or a dictatorship, in order to depend on the fact that some gentleman is coming

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