Amancio Ortega

Being one of the richest men on Earth sure makes it easy to outflank the competition — and Amancio Ortega, the founder of fast-fashion giant Zara, is taking full advantage.

The mogul is worth an estimated $150 billion, thanks to owning nearly 60 percent of Zara’s parent company, Inditex. Last year, he collected $3 billion in dividends — the largest payout ever approved by the Zara board. The tycoon has put those proceeds to work across South Florida, through his family office called Pontegadea. Ortega has expanded his already impressive commercial real estate portfolio in the region, dipping into each of the industry’s asset classes.

Pontegadea paid $275 million for the 1 million-square-foot 1111 Brickell office tower, making it Miami’s largest office purchase last year. The acquisition made him one of the largest owners of Class A office space in Miami’s central area. A decade ago, the billionaire had bought the Southeast Financial Center office tower in Downtown Miami for $517 million, which remains the city’s most expensive office sale.

On the retail front, Pontegadea bought a building in the uber-luxury Miami Design District mall for $110 million. The property is home to about 20,000 square feet of retail, and counts Rolex and Oliver Peoples as tenants. Ortega beat out other impressive suitors, such as Uniqlo’s parent company and the owners of the Miami Design District, which includes LVMH.

The acquisition complements the retail block that Ortega owns on Lincoln Road, which holds Nike and Apple stores. The mogul purchased the asset for $370 million in 2015, setting a record for retail real estate sales in Miami-Dade County.

Pontegadea also entered new terrain in the multifamily and industrial sectors, purchasing a new, luxury 259-unit tower in Fort Lauderdale for $165 million and a cold-storage warehouse in Hialeah for $113 million.