Juan Roig’s profile picture

Juan Roig

Juan Roig’s profile picture
Net worth 2018: $4.64 Billion
Residence: Valencia, Spain
Country: Spain
BirthDay: 8 October 1949
Sigh: Scorpio
Children: 4
BIOGRAPHY

Juan Roig was bornon 8 October 1949 in Valencia, Spain, Spain. Juan Roig is #470 in List Billionaires People In The World. The richest grocer in Spain, Juan Roig is president of grocery store giant Mercadona, hauls in $22.8 billion in revenues a year. Roig, his brother Fernando and wife Hortensia Herrero, also billionaires, bought the chain in 1981 from the Roigs' father when it was just an eight-store operation. By 2006, they had opened their 1,000th store. The economic crisis slammed most of Spain's economy but did nothing to slow down Mercadona's growth. Today the Roig family has 1,614 locations spread across the country. The company prides itself on the long tenure of its 79,000 employees, who get a 25% cut of the company's pretax profits. Juan Roig created an "innovation cluster" in Valencia, Spain, where he invests in young entrepreneurs. He is the largest shareholder of the Valencia Basket Club, a professional basketball team in his hometown.

NET WORTH STATISTIC
2011

$2.9 Billion

2012

$4.7 Billion

2013

$5.5 Billion

2014

$4.8 Billion

2015

$5.4 Billion

2016

$5.4 Billion

2017

$5.1 Billion

2018

$4.64 Billion

TIMELINE
2015

As of October 2015, Forbes estimated his net worth at US$5

2013

Forbes magazine in October 2013 reported that Roig was worth 5,800 million euros, the second largest fortune in Spain

2010

Roig was awarded the Prince Felipe Prize for Business Excellence in 2010

2006

The shareholding yielded dividend income totalling over $400 million between 2006 and 2013 for Roig and his wife jointly

1991

He largely bought out his brothers in 1991, and went on to build up the Mercadona supermarket chain, which now runs over 1,400 stores

1990

He introduced full-time contracts for all employees in the late 1990s

1981

With three of his five brothers, Juan Roig bought the shops from his parents in 1981

1973

At university he met Hortensia Herrero, and they were married in 1973

1949

Juan Roig was born on 8 October 1949 in Valencia

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