Rank #851
Hortensia Herrero
Net worth $5.0B
Supermarkets · Spain
- Born
- May 20, 1950
- Age
- 76
- Source
- Supermarkets
- Residence
- Valencia
- Citizenship
- Spain
- Marital status
- Married
- Children
- 4
- Education
Net worth over time
Biography
- Hortensia Herrero owns nearly 28% of Mercadona, the Spanish supermarket chain she helped build with her husband Juan Roig (also a billionaire).
- Herrero, who serves as vice president, was part of the group that bought the company from Roig's father back in 1981, when it had 8 small stores.
- Herrero and Roig's four daughters are board members of Mercadona; Roig's brother Fernando is also a shareholder and billionaire.
- Mercadona, which is privately owned, has about 1,700 stores, mostly in Spain, and employs 110,000 people.
- The company shares 25% of its pretax profit with employees.
- She met Juan Roig at the University of Valencia, where both studied economics.
- Herrero has spent at least $10 million to restore historic Valencia, Spain, where she and Roig live.