Spain's largest fortunes have marked their fifth consecutive year of growth and set a new historical record. The figure reaches 373,450 million euros, 14.3% more than last year. The driving force behind this increase is the stock market, with the Ibex 35 rising by 50%. Unlisted companies such as Mercadona and Mango also contribute solid results. Amancio Ortega, Rafael del Pino, and Juan Roig repeat on the podium.
The Ibex 35 and the technological push behind the numbers 📈
The rise of the Ibex 35 explains a large part of the wealth increase. Sectors such as banking and energy have led the gains. But the relevant fact is diversification: fortunes linked to technology and unlisted family businesses are also growing. Mercadona optimizes its logistics with AI, and Mango automates its distribution. This suggests that wealth comes not only from buying and selling stocks, but from digitizing internal processes.
The crisis of those not on the list 😅
While the usual suspects add zeros, the rest of the country wonders if that 14.3% growth will be reflected in their paycheck. Spoiler: no. But that's okay, because at least we can console ourselves by watching Amancio Ortega remain the richest without having to get up early to go to the office. Of course, if anyone knows how to get in on that dynamic, raise your hand.