Rank #391
Juan Roig
Net worth $9.0B
Supermarkets · Spain
- Born
- Oct 08, 1949
- Age
- 76
- Source
- Supermarkets
- Residence
- Valencia
- Citizenship
- Spain
- Marital status
- Married
- Children
- 4
- Education
Net worth over time
Biography
- The richest grocer in Spain, Juan Roig is president and majority owner of supermarket giant Mercadona.
- Roig, his three siblings and wife Hortensia Herrero, bought the chain in 1981 from his father when it had just 8 stores.
- By 2006, Mercadona had opened its 1,000th store; it now has about 1,700 locations in Spain and Portugal.
- Mercadona's nearly 110,000 employees receive about a 25% share of the company's pretax profits.
- 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.