Ortega leads record wealth ranking as only two Andalusian families remain

Forbes Spain’s 2026 list values the country’s 100 largest fortunes at a record €300.53bn. That is 16.1% more than a year earlier. Amancio Ortega remains first, while only two families based in Andalusia appear on the list.

The owners of Málaga fashion company Mayoral and Almería-based Cosentino are the region’s only entries. Nicolás Osuna and Santiago Domecq Bohórquez, who appeared last year, are no longer listed.

Ortega stays far ahead

Ortega, the founder of Inditex, has an estimated fortune of €125.2bn. It rose by 13.9% from 2025. Forbes says he holds 41.7% of all the wealth in the ranking. His daughter Sandra is second, with €11.5bn.

Juan Roig, chairman of Mercadona, moves from fourth to third place. His fortune rose by 24% to €9.8bn. Abanca chairman Juan Carlos Escotet is fourth with €8.1bn, up 31%. Rafael del Pino Calvo-Sotelo of Ferrovial falls two places to fifth, with €7.8bn.

Forbes links the wider rise to gains on the stock market, led by banking shares. Financial fortunes on the list grew by 44.4% to €17.47bn. Spanish banks added more than €6bn to the ranking, according to the reports.

Two Andalusian families remain

Manuel Domínguez de la Maza and his family rank 35th, with €1.5bn. Their fortune rose by €200m and lifted them from 41st place. They own Mayoral through the family holding company Indumenta Pueri.

The Cosentino family ranks 86th, down from 78th. Its fortune still grew by €20m to €670m. Forbes says the company had turnover of €1.42bn in 2025. It plans €350m of investment through 2028. Pilar Cosentino has served as chief executive since 2025.

The minimum fortune needed to enter the list rose from €450m to €510m. Forbes says this higher bar explains many departures, rather than sharp losses. Madrid has the most entries, with 33, followed by Catalonia with 26.

A large handover approaches

The average age of people on the list has reached 70. Forbes says Spain faces its largest transfer of company wealth through inheritance in the coming years. Andrés Rodríguez, president of Forbes Spain, called that handover a major challenge for the economy.

Sources: Europa Press, Diario de Cádiz and El Correo.