Age, Biography and Wiki
| Birth Day | October 08, 1949 |
| Birth Place | Valencia, Spain, Spain |
| Age | 73 YEARS OLD |
| Birth Sign | Scorpio |
| Residence | Valencia, Spain |
| Education | Economics, University of Valencia Advanced Management Program, IESE Business School of the University of Navarra |
| Occupation | Owner & President of Mercadona |
| Spouse(s) | Hortensia Herrero |
| Children | 4 |
Net worth: $3.6 Billion (2024)
Juan Roig is a prominent figure in the fashion and retail industry in Spain, and his net worth is projected to reach a staggering $3.6 billion by 2024. As the co-owner and president of the Spanish chain of supermarkets, Mercadona, Roig has played a significant role in transforming the company into one of the largest and most successful grocery retailers in the country. With his innovative business strategies and emphasis on customer satisfaction, Roig has not only brought significant financial success to himself, but has also made Mercadona a leading brand in the Spanish retail sector. His dedication and entrepreneurial spirit have undoubtedly contributed to his remarkable net worth.
Biography/Timeline
Juan Roig was born on 8 October 1949 in Valencia. He studied in a Jesuit school in Valencia, then in a boarding school, and graduated in economics at Valencia, but was not an outstanding student.
Roig teaches at a school for young entrepreneurs on Saturdays. He plays paddle tennis and watches basketball. At university he met Hortensia Herrero, and they were married in 1973. They have had four children - Amparo, twins Hortensia and Carolina, and Juana - and seven grandchildren. His wife is now vice-president of Mercadona. He is said to favour family ownership in Business, provided that the family members contribute positively.
With three of his five brothers, Juan Roig bought the shops from his parents in 1981. He largely bought out his brothers in 1991, and went on to build up the Mercadona supermarket chain, which now runs over 1,400 stores. His success in Retail has been based on a risky strategy of competitive pricing, and on technological innovations such as barcode scanners and automated distribution facilities. He introduced full-time contracts for all employees in the late 1990s.
Forbes magazine in October 2013 reported that Roig was worth 5,800 million euros, the second largest fortune in Spain. This in fact is the estimated value of the 78% stake in Mercadona jointly owned by himself and his wife. But since Mercadona shares are not publicly quoted, the figure is somewhat speculative. As of October 2015, Forbes estimated his net worth at US$5.3 billion. The shareholding yielded dividend income totalling over $400 million between 2006 and 2013 for Roig and his wife jointly.
Some Juan Roig images
