Combined wealth of Spain’s 100 richest surges to over $300 billion

The collective wealth of these 100 individuals has reached a record high of €300.53 billion, marking a 16.1% increase compared to the previous year. This growth is attributed to a strong stock market, economic momentum, asset appreciation, and improved earnings.

To enter the exclusive club, the “cut-off point” has risen to €510 million, a significant increase from the €300 million required in prior years, according to Andrés Rodríguez, editor and director of Forbes Spain.

Amancio Ortega, 90, has held the top position for over a decade. His fortune has increased by 13.9% since 2025, recovering ground lost due to previous stock market corrections, thanks to Inditex’s robust performance. Ortega’s wealth stands at €125.2 billion, representing 41.7% of the total wealth in the list. He also leads in wealth in Europe, surpassing Bernard Arnault, owner of LVMH.

Sandra Ortega, 57, remains the wealthiest woman in Spain with a net worth of €11.5 billion.

Juan Roig holds the third position with €9.8 billion, followed by banker Juan Carlos Escotet, president of Abanca, with €8.1 billion, and Rafael del Pino, president of Ferrovial, with €7.8 billion.

According to the Forbes report, Spain is poised for the largest corporate inheritance transfer in its history. While the transfer will be structural, the report suggests that economic power will remain within existing family branches.

The average age of those on the list is 70, reflecting the decades required to accumulate substantial wealth. Amancio Ortega is the oldest, followed by Miguel Fluxà Roselló (87) and Juan Abelló (83).

Women now comprise 26% of the ranking, with a combined wealth of €64.779 billion, a 14% increase year-over-year. Sandra Ortega accounts for nearly a fifth of this total female wealth. Hortensia Herrero, vice president of Mercadona, ranks second among women with a fortune of €5.55 billion.

Notable new entrants include Fernando Masaveu and his family, who enter at number 30 with €1.7 billion. José Manuel Cortizo, founder of Aluminios Cortizo, debuts at number 76 with €750 million, and Enrique Riquelme, of Grupo Cox, enters at number 90 with €620 million, making him the youngest on the list at 37. Ana Botín, president of Banco Santander, also makes her debut at number 97 with a net worth of €550 million.

Madrid leads as the region with the most fortunes, totaling 33 with a combined wealth of €54.6 billion. Catalonia follows with 26 fortunes and €33.04 billion. Galicia holds the most accumulated wealth, with €147.05 billion across five fortunes, largely due to the “Inditex effect.”,