Name
Hortensia Herrero
Hortensia Herrero
Valencia, Spain
Spain
supermarkets
$1,800,000,000
1281
#1281 Billionaires 2019
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 just over 1600 stores, employs 79,000 people, and plans to open stores in Portugal possibly in 2019.The company shares 25% of its pretax profit with employees.
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.
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