The 100 great Spanish fortunes their income increases every day an average of 565,000 euros. The pandemic has passed in economic terms on tiptoe around the rich Spaniards, those who have a personal fortune measured in billions of euros. According to the latest classification of the ‘Forbes’ magazine, the great fortunes have recovered from the pandemic and are even close to the levels prior to the 2018 crisis. The 100 richest people in Spain, with a total of 153,575 million euros, have hoarded 17% more money than in by 2020. Each millionaire of the ‘club of 100’ has increased their accounting assets by 565,000 euros a day. The 100 most powerful Spanish families totaled 198,430 million, 14.7% more than last year.
The founder of Inditex, Amancio Ortega, remains the first fortune in Spain, with a net worth of 67,000 million euros, followed by his daughter Sandra Ortega and the president of Ferrovial, Rafael del Pino. All three lead the list of the 100 great national fortunes made by the magazine ‘Forbes’.
The owner of 60% of Inditex, concentrates a good part of the patrimonial wealth of Spain, and his personal fortune has grown by 10,000 million in one year and is equivalent to what the next 52 millionaires in the classification have. Ortega received 646.8 million euros this Tuesday for the second and last remuneration of the year that Inditex will pay to its shareholders, which has brought in a total of 1,293.6 million euros this year.
Behind the founder of Inditex is his daughter Sandra, the only woman in the top five on the list, with a fortune of 6,300 million euros, 12.5% more than last year, and the president of Ferrovial, Rafael del Pino, who surpasses the president of Mercadona, Juan Roig, in the list and rises to the third position with 3,800 million compared to the 3,700 million of the president of the supermarket chain. In fifth place is the president of Abanca, Juan Carlos Escotet, who has a fortune of 2,700 million euros (he is the founder of the Banesco bank and president of Banesco Internacional).
The four great Spanish millionaires (Escotet is Venezuelan, but Spanish by adoption according to ‘Forbes’) concentrate more than 50% of the total global fortune of Hispanic millionaires with 83,500 million euros. The rise of the Chairman of Ferrovial from fourth to third stands out thanks to the good performance of the company on the stock market and its self-dividend policy. Renewable energies are reinforced in the list with the presence, among others, of José Elías, majority shareholder of Audax Renovables (900 million euros); José María Galíndez, vice president of the board of Solarpack (400 million); Dolores Larrañaga, main shareholder of Solaria (375 million) or Enric Asunción, president and co-founder of Wallbox (325 million), specialized in charging points for electric vehicles. In total, these 19 new additions contribute a total of 2,800 million euros.
The presence of women in the ranking is still a minority (only 30% occupy it). In fact, the average wealth of men is 1,511 million euros, and that of women, 993 million. With Sandra Ortega at the helm, they are followed by Alicia Koplowitz, owner of Omega Capital, and Hortensia Herrero, Mercadona shareholder, in sixth and seventh place with 2,300 million respectively.
By region, Madrid is the community that contributes the most multimillionaire women to the ranking with 19 fortunes that accumulate 12,875 million; followed by Catalonia, with 18 women and a sum of 8,550 million euros. At the other extreme are Extremadura and Navarra, where no woman has more than 30 million euros.
Madrid continues to lead the ranking of the richest communities thanks to an aggressive fiscal policy that has allowed it to attract wealth from other communities. In this way, the capital has 36 natives who accumulate a total of 32,825 million euros, but adds another 14 fortunes that have their main headquarters in Madrid, although they come from other regions.
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After Madrid and Catalonia, the Basque Country and Murcia gain weight in terms of accumulated wealth. Murcia has five of the 100 richest families in Spain, with a combined fortune of 4,525 million euros, and three of the 100 richest Spaniards. On the part of the Basque Country, the fortunes of Daniel Maté, Juan Luis Arregui, Víctor Urrutia and the Sendagorta, Ormazabal and Zardoya families are added.
In the opposite situation are the Balearic and Canary Islands, whose fortunes from tourism have been hit by the covid, although they are recovering. Among the most prominent Canarian businessmen are Eustasio and Aurelio López, owners of Lopesan, and Wolfgang Kiessling, of German origin, promoter of Loro Parque.
Reference-www.elperiodico.com