The founder of Inditex (Zara), Amancio Ortega and his daughter Sandra, Rafael del Pino (Ferrovial), the Venezuelan Juan Carlos Escotet (Abanca) and Juan Roig Alfonso (Mercadona) remain one more year as the five great Spanish fortunes, adding a total of 102.7 billion euros of assets, 48% of the total ranking on the list of ‘The 100 richest Spaniards’ by Forbes Spain.
Specifically, the sum of the 100 Spanish fortunes in 2023 amounts to 196,130 million euros, which represents an increase of 37% more than last year.
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So, Amancio Ortega, the majority shareholder of Inditex, who handed over the presidency to his daughter Marta. It maintains its leadership in this ranking, after increasing its wealth by 53% compared to 2022, and has a net worth of 81.8 billion euros, equivalent to more than double the sum of the rest of the fortunes that make up the ‘top 10’. Ortega “has managed to recover in global terms from a quite negative 2022, in which Inditex suffered a significant stock market setback,” the publication highlights.
However, in the current year, the textile firm of which it is the majority shareholder has appreciated in the markets by more than 35%, which has allowed it to increase its assets significantly. Furthermore, he has managed to climb from twenty-first place in the world ranking to thirteenth (at the time of publication), increasingly closer to re-entering the top 10.
Behind him stands his daughter Sandra Ortega -the only woman among the top five positions on the list and daughter of -‘s first marriage, whose fortune grows to 7.1 billion euros, a figure that contrasts with that amassed by the current president of Inditex, Marta Ortega, with 80 million euros , which is left out of the ‘top 100’. Sandra Ortgea, like her father, diversifies her investments through the Rosp Corunna holding company. Through this company she controls her position in Inditex. She also has stable stakes in other companies, such as 5% of Pharma Mar. Ortega, like all previous years, stands out in philanthropy and donations.
For its part, Rafael del Pino, president of Ferrovial, a company whose headquarters decided to move to Amsterdam, closes the ‘top 3’ with a fortune valued at 5.9 billion euros, while Juan Carlos Escotet, president of Abanca, of which he owns 84.7% of the capital, rises to fourth position with 4,000 million euros, while the president of Mercadona, Juan Roig, It is fifth with 3.9 billion euros.
In this edition, Tomas Olivo, owner of General de Galerías Comerciales, one of the most important Spanish groups in the shopping center sector; and second largest shareholder of Unicaja Banco, he has seen his fortune double to 3.5 billion euros, which has allowed him to rise from seventeenth to sixth position, while Leopoldo del Pino, shareholder of Ferrovial and with a capital of 2,700 million euros, rises from fourteenth place to ninth.
In this way, the businessmen complete the ‘top-10’ of Spanish fortunes. Daniel Maté, which is in sixth place with 2,900 million euros; Juan Abelló (2.9 billion euros) and the president of Mango, Isak Andic, which closes in tenth place with a fortune of 2.7 billion euros.
For his part, the president of Acciona, José Manuel Entrecanales, which last year ranked 42nd, does not appear this year in this ranking due to the penalty that Acciona has received from investors.
One in three, woman
On the other hand, this year there are up to 33 women on the list of ‘The 100 richest Spaniards’ by Forbes, which represents a drop of 20% compared to last year, where it was close to reaching equality, with 59 them and 41 women.
Once again, Sandra Ortega continues to be the richest woman in Spain, although this time she is the only one who manages to be in the ‘top 10’ with a second place, while María del Pino and Alicia Koplowitz, both with a net worth of 2,500 million euros, are ranked twelfth and thirteenth, respectively.
Hortensia Herrerothe wife of Juan Roig (Mercadona), is in fifteenth place with 2.2 billion euros, while the president of Coca-Cola Europacific Partners, Sol Daurellaranks sixteenth with 2,000 million euros.
The total wealth of Spanish women is close to 47,000 million euros. A figure that is 75.7% lower than that of the 100 richest men who accumulate 193,813 million euros.
Catalonia, the one that most
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By autonomous community, 57% of the great Spanish fortunes are taxed in Madrid or Catalonia, which are divided into 28 for the Spanish capital and 29 for Catalonia.
Thus, Madrid accumulates a wealth of 38,548 million euros, while the Catalan territory, which has the most billionaires in the ranking, amasses 26,102 million euros, 48% less, while Galicia remains in third place with nine large estates, while the Valencian Community and the Balearic Islands tie for fourth place, with seven fortunes each.