Portrait of Simón Pedro Barceló Vadell

Rank #2847

Simón Pedro Barceló Vadell

Net worth $1.3B

Hotels · Spain

Born
Jan 01, 1966
Age
60
Source
Hotels
Residence
Citizenship
Spain
Marital status
Married
Children
3
Education

Net worth over time

Biography

  • Simón Pedro Barceló Vadell is the co-chair and largest shareholder of the Barceló Group, one of Spain's largest hotel operators and tourism companies.
  • The group traces its roots to Simon Barceló, who founded the business in 1931 as a transportation company and expanded to tourism in 1954.
  • In 1962, the company opened its first hotel on the island of Majorca, and through a series of acquisitions expanded overseas, starting with the Caribbean, then Costa Rica and later the U.S.
  • Today Barceló has more than 300 4-star and 5-star hotels with 65,000 rooms in 30 countries.
  • Barceló Vadell's cousin, Simón Barceló Tous, is co-chair but is expected to step down in 2025, when he turns 65 years of age.