Hortensia Herrero
Overview
- Source of Wealth
- Supermarkets
- Industry
- Fashion & Retail
- Residence
- Valencia
- Marital Status
- Married
- Children
- 4
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.
About
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.