The Balearic archipelago once again shines brightly in the Forbes 2025 list. Tourism and finance entrepreneurs dominate the ranking of the 100 richest Spaniards, where several names linked to Mallorca and Ibiza are among the country’s greatest wealth.
The report, published this month by the U.S. magazine, highlights Miguel Fluxà, Carlos and Juan March, the Riu brothers and Simón Pedro Barceló as the main representatives of the Balearic Islands, confirming the weight of tourism and family banking in the creation of wealth in the archipelago.
#9 Miguel Fluxà, the richest in the Balearic Islands and ninth richest in Spain
With a fortune estimated at 3,300 million euros, Miguel Fluxà Roselló, executive chairman of the Iberostar Group, consolidates his position as the ninth richest Spaniard and the first from the Balearic Islands.
Fluxà, who has earned 1.3 billion more than in 2024, controls 51% of Sayglo Holding SL, the family company that, together with his daughters Sabina and Gloria (with 24.5% each), owns 59% of Iberostar.
The tourism giant, with a presence in more than 35 countries, has been key in boosting his fortune, which has risen from 16th to 9th place in just one year.
#17, #18, #69 and #89 Los March: the financial power of the Balearic Islands
The brothers Carlos, Juan, Gloria and Leonor March Delgado continue to represent the most powerful financial core of the islands.
Carlos March ranks 17th on the list, with 2,000 million euros, thanks to his 34% stake in Banca March and his role in Corporación Financiera Alba, a family investment vehicle with stakes in Viscofan, Ebro Foods, Naturgy and Acerinox, among others.
His brother Juan March, with a fortune of 1,900 million, follows closely behind in 18th place, climbing 26 positions compared to last year.
Gloria March Delgado, with 700 million, and Leonor March Delgado, with 500 million, also appear in the ranking (positions 69 and 89, respectively), reinforcing the presence of the Mallorcan saga in Forbes.
#27 and #28 The Riu brothers: family success and international expansion
In the competitive hotel sector, Carmen (ranked 27th) and Luis Riu Güell (ranked 28th) hold the double crown as co-owners of the RIU Group, each with a fortune of 1.5 billion euros.
Both move up the list following a $300 million increase in equity. In 2025, the group completed the merger between Riu Hotels S.A. and Hotel San Francisco S.A., a move aimed at simplifying its structure and strengthening family control.
The group, with more than 100 hotels in 20 countries, recorded gross revenues of €4,082 million in 2024, up 13% from the previous year, with an average occupancy rate of 89% and 6.7 million guests.
#44 Simón Pedro Barceló, a hotel empire in transformation
With 1.1 billion euros, Simón Pedro Barceló Vadell falls to 44th place on the list, after losing some 500 million euros in the last year.
The co-president of the Barceló Group, one of Spain’s largest tourism companies, shares the presidency with Simón Barceló Tous, who will step down in January 2026.
Even so, the group posted record profits in 2024, exceeding €300 million, driven by its hotel division and its Ávoris travel subsidiary.
#64 The heiresses of the Piñero Group, a rising female dynasty
The 64th place is occupied by Isabel García Lorca and her daughters, with a combined fortune of 790 million euros, 190 million more than in 2024.
Through the company Levantur S.A., Isabel owns 34% of the Piñero group, while her daughters hold 21% each. Founded in 1975, the group evolved from a travel agency to a hotel chain with a presence in Spain and Latin America, owning brands such as Bahia Principe Hotels & Resorts.
#66 Gabriel Escarrer Jr., at the head of the Meliá Hotels legacy
Following the death of his father, Gabriel Escarrer Juliá, in 2024, Gabriel Escarrer Jaume leads Meliá Hotels International and maintains a fortune of 760 million euros, ranking 66th.
The hotel group recorded more than 2 billion euros in revenues and a consolidated net profit of 162 million euros in 2024, up 24% on the previous year, despite an overall drop of 340 million euros in its equity valuation.
Escarrer, executive chairman since 2016, now faces the challenge of consolidating the brand’ s international expansion after a year of transition marked by the loss of the founder.
#86 Abel Matutes, the power of Ibiza in the global hotel business
The Ibizan Abel Matutes Prats and his family close the Balearic representation in 86th place, with 600 million euros.
At the helm of Palladium Hotel Group, Matutes has driven record revenues of 1.202 billion euros in 2024, thanks to the group’s expansion into the Middle East and Asia.
In addition, he participates with his father, Abel Matutes Juan, in real estate projects such as a 200 million euro development on the Costa del Sol with Rafa Nadal, consolidating his weight in the Spanish tourism sector.
Tourism and banking, drivers of Balearic wealth
The Forbes 2025 list confirms a clear trend: the Balearic Islands is one of the richest regions in Spain, with an economic model dominated by luxury tourism and family finances.
Among the 100 richest Spaniards, Balearic representatives accumulate more than 12,000 million euros, concentrated in hotel companies and financial institutions that continue to be world leaders.
From the tourism empires of Iberostar, Riu, Barceló, Meliá and Palladium to the financial power of the March family, the archipelago is consolidating its position as one of the epicenters of wealth and business leadership in Spain.
