Top 10 Billionaire Richest People in Spain 2021
Here are the richest and wealthiest people in Spain.The person with the highest net worth in Spain is Amancio Ortega Gaona who lives in Galicia. How does your net worth compare to other people in this Country?
1. Amancio Ortega Gaona
Net Worth: $70 Billion
Amancio Ortega Net Worth: Amancio Ortega Gaona is a Spanish fashion executive and entrepreneur who has a net worth of $70 billion. Amancio has spent the last several decades quietly being one of the wealthiest people in the world. He keeps a famously low profile and likely wouldn’t be recognized dining in a random American restaurant.
Also known simply as Amancio Ortega, this entrepreneur makes every effort to keep his private life firmly hidden behind closed doors. Because of this, very little is known about Ortega aside from his business dealings. That being said, it’s difficult to avoid media attention when you’re one of the richest individuals on the planet. At one point, Ortega was the richest person on the planet. Today, he is the sixth-wealthiest person in the world and the second-wealthiest person in Europe. Ortega is best known for running Inditex, which is the parent company of Zara.
Early Life: Amancio Ortega Gaona was born on March 28th of 1936 in Leon, Spain. Ortega grew up in Leon until his father, a railroad worker, relocated the family to A Coruna to pursue job opportunities. Amancio Ortega was 14 at the time, and he left school when he moved to A Coruna. He soon found work at a local shop that made shirts on-site. Over the years, he learned how to make various clothes by hand, sparking his passion for fashion in the process.
Career: Not much is known about Amancio Ortega’s next few years, but he started a company that sold quilted bathrobes at the age of 36. The company was called Confecciones Goa, and it was founded in 1972. The real beginning of Ortega’s empire came three years later when he co-founded his first Zara store with his wife, Rosalia Mera.
2. Sandra Ortega Mera
Net Worth: $6.2 Billion
Sandra Ortega Mera Net Worth: Sandra Ortega Mera is a Spanish heiress who has a net worth of $6.2 billion. The eldest child of Amancio Ortega, the world’s third richest person and founder of clothing giant Inditex, she become a billionaire after she inherited a portion of the family riches.
It was in August 2013 after the sudden death of her late mother, Rosalia Mera, that Sandra and her brother Marcos got hold of a fair slice of the family wealth. Together with her brother, Sandra received 86% of the group Rosp Corunna, which owns the world’s largest clothing retailer Zara. Thus, Sandra Ortega Mera became the second-richest person in Spain, right after her father. Being only a shareholder who is not actively involved in the business, Sandra devotes her time to Fundación Paideia, a nonprofit started by her mother. She is currently vice president of the organization that supports vocational training for people with mental and physical disabilities, mainly helping them find mainstream jobs. A psychologist by vocation, Sandra Ortega Mera lives in the Galician town of La Coruña on the Atlantic coast with her husband and three kids.
3. Rosalia Mera
Net Worth: $6.1 Billion
Rosalia Mera net worth: Rosalia Mera is a Spanish businesswoman, entrepreneur and billionaire who has a net worth of $6.1 billion. Rosalia Mera is the co-founder of Inditex, and one of the richest people in Spain. She dropped out of school at the very young age of 11 to work as a seamstress.
A move that later made Mera start making dressing gowns and lingerie along with her then-husband Amancio Ortega. Nowadays, Inditex, parent company of the Zara retail stores, is has become a true textile empire. Made up of almost a hundred companies that deal with textile design, production and distribution, Inditex operates over 5,500 stores in 77 countries across the globe and owns brands like Massimo Dutti, Bershka, Oysho, Pull and Bear and Stradivarius. Although Mera and Ortega are long-divorced, Mera still holds a 5.1% stake, which has diversified after the retailer’s 2001 stock market launch. Mera invests her money in various other companies like a marine fish farming group, a company that creates sea-products for cancer treatment, as well as a maker of a fingerprinting system for newborns. She has also made a heavy investment in London’s exclusive Bulgari Hotel, and also she holds a jazz contest for young musicians in Spain. Having a physically and mentally disabled child, her son Marcus, Mera actively works on the integration of these children into society through her Paideia Foundation.
4. Isak Andic
Net Worth: $5.8 Billion
Isak Andic net worth: Isak Andic is a Spanish entrepreneur who has a net worth of $5.8 billion. Isak Andic co-founded the clothing design and manufacturing company Mango back in 1984, along with his brother Nahman Andic. Since then, Mango has grown into a company that generates 82% of sales outside Spain and oversees about 2600 stores across 109 countries worldwide, from the Dutch Antilles to China.
The group, which made its name for both producing and selling reasonably priced, trendy women’s apparel, has opened 800 “corner” stores within other retailers over the last few years. However, this didn’t stop the sales and profits drop, especially in 2011. Thus, Mango introduced some far-reaching changes including a 20% reduction in prices, a return to basic designs and shifting clothing production in-house. Today, Isak’s son and apparent heir supervises He by Mango, the retailer’s line for men, as well as he took over the position of Deputy President in 2012, just below his father on the company’s employment chart. What’s more, Kate Moss was recently replaced by Australian model Miranda Kerr as the face of the brand. In addition to Mango, Andic also owns shares in Banco Sabadell, one of Spain’s largest banking groups. The media-shy entrepreneur and his family moved to Spain from Turkey in the 1960s. Now, Isak Andic is one of the richest people in Spain who loves to spend his free time sailing on his yacht called the Nirvana.
5. Juan Roig
Net Worth: $4.9 Billion
Juan Roig net worth: Juan Roig is a Valencian entrepreneur who has a net worth of $4.9 billion. Juan Roig is the President of the Supervisory Board of Mercadona grocery store chain, founded in 1977 by his parents, who were aiming to expand their than-owned group Meat Roig overseas at the time.
Acquainted with the intricacies of the business at very young age, Juan Roig now holds a 55% stake in the 1,356-store food empire, which is present in 47 provinces and 16 of the 17 autonomous communities of Spain. He didn’t let his business wane due to Spain’s financial crises, cutting prices in stores by 14% and thus helping Spanish families get through the squeeze. Thus, Mercadona’s low-price marketing strategy made his company capture a 22% market share, the largest of any grocer. The company also prides itself on its vast number of employees, around 63,500, who enjoy company’s benefits and are 66% female. All of his daughters, Hortensia, Amparo, Juana and Carolina, sit on the supervisory board next to their dad. Apart from his shrewd business acumen, Juan has launched a seed capital fund for entrepreneurs as well as a charitable foundation that sponsors a half marathon event in Valencia. What’s more, he attends Valencia’s professional games twice a week, since he is a huge basketball fan.
6. Daniel Mate
Net Worth: $2.7 Billion
Daniel Mate net worth: Daniel Mate is a Spanish billionaire who has a net worth of $2.7 billion. A Glencore lifer, Daniel Mate entered the ranks of world’s billionaires when the multinational commodity trading and mining company went public in May 2011. Mate started working at Marc Rich & Co. in 1988 in Switzerland, which was six years before the company was bought out by its management and re-branded.
He was transferred to the zinc, copper and lead commodity department in 1991, rising to co-director of the division one year later. However, Glencore’s shares started losing of their value since their IPO debut and the future seems to be quite uncertain for the world’s leading integrated producer and marketer of commodities. The firm’s annual income dropped 75% just before finalizing its merger with mining rival Xstrata, which is waiting for a Chinese regulatory approval for its long-planned fusion. When it comes to Daniel Mate’s private life, he is a married man with two children.
7. Juan-Miguel Villar Mir
Net Worth: $2.7 Billion
Juan-Miguel Villar Mir Net Worth: Juan-Miguel Villar Mir is a Spanish entrepreneur who has a net worth of $2.7 billion. Born in 1931, Villar Mir operates the construction company Obrascón Huarte Lain S.A. (OHL) along with his three children. In 2011, this global engineering and construction empire had a revenue of $6.5 billion, and currently, it constructs railways, ports and airports, toll roads, as well as residential developments, in more than 34 countries worldwide.
Its eminent projects are the high-speed railway in Saudi Arabia linking Mecca and Medina, the Ural Polar railway in Russia, and the Marmaray railway connecting the Asian and European sides of Istanbul in Turkey. Holding a PhD in Civil Engineering and a Law Degree, as well as a Diploma in Economics from the World Bank Economic Development Institute in Washington, Villar Mir develops his career as a professor at the Polytechnic University of Madrid. Before launching his own business, he served as the chairman or senior executive in various companies including Cementos del Cibca, Hidro-Nitro, Altos Hornos de Vizcaya, Empresa Nacional de Celulosas, Altos Hornos del Mediterraneo, Puerto Sotogrande, Electra de Viesgo, and Carbonidera del Sur. Apart from OHL, Villar Mir owns Grupo Villar Mir, which operates in about 30 countries across the world. Now, Grupo Villar Mir is Spain’s major self-governing maker of hydroelectric power, the biggest producer of silicon metal in the world, a leading fertilizer manufacturer, as well as a property developer with construction in Florida, Texas, and on the Mediterranean coast. Moreover, this group holds smaller subsidiaries that produce pre-stressed concentrate; retail clothes for children; and distribute diesel oil. A former finance minister of Spain (1975-1976), Villar Mir was awarded with the title “marquis” by His Majesty the King Juan Carlos in 2011 thanks to his outstanding and enduring service to Spain and the Crown.
8. Francisco Jose Riberas Mera
Net Worth: $2.6 Billion
Francisco Jose Riberas Mera Net Worth: Francisco Jose Riberas Mera is a Spanish businessman who has a net worth of $2.6 billion. He joined the billionaire ranks thanks to Corporacion Gestamp SL, a company founded by his father, Francisco Riberas Pampliega, as a small steel trading company in 1958. By the time Francisco Jose joined the company in 1988 it was already one of the largest steel companies in the country and also diversified into auto parts in 1991.
A graduate of Law and Business Administration, he initially held junior management positions. Nowadays, he is the CEO of Corporacion Gestamp SL, which generates $11 billion in sales. A massive steel and automotive parts conglomerate as it is, the company has 96 factories worldwide, including six in China. He and his brother Juan Maria inherited an equal 50% stake in the company after their father’s death in 2010. Both brothers sit on the board of the company.
9. Juan Maria Riberas Mera
Net Worth: $2.6 Billion
Juan Maria Riberas Mera Net Worth: Juan Maria Riberas Mera is a Spanish billionaire who has a net worth of $2.6 billion. He rose to riches thanks to his father’s Corporacion Gestamp SL that was founded as a small steel trading company in 1958. Some twenty years later, the company has already earned its place among Spain’s largest steel companies and even diversified into auto parts in 1991.
Juan Maria joined the company in 1992 and he mostly held junior management positions at the time. Now, he sits on the board of the company along with his brother who also serves as CEO since their father’s death in 2010. Gestamp Sl, which makes $11 billion in sales, is a massive steel and automotive parts conglomerate with 96 manufacturing spots all over the world, including six in China. Each of the brothers has a 50% stake.
10. Hortensia Herrero
Net Worth: $2.6 Billion
Hortensia Herrero net worth: Hortensia Herrero is a Spanish businesswoman who has a net worth of $2.6 billion. Hortensia Herrero is a 28% owner of the Spanish supermarket chain Mercadona. Hortensia helped built the supermarket company with her billionaire husband Juan Roig. Hortensia Herrero is the company’s Vice President. She studied economics at the University of Valencia.
Mercadona does $24 billion in revenue. It has about 1,500 locations in Spain. Herrero has helped restore the historic city of Valencia, Spain, putting more than $10 million into it. Hortensia Herrero lives in Valencia, Spain and is married with four children.
