Alberto Palatchi

Net Worth

$2.959B

+0.27% (24h)

Alberto Palatchi, a Spanish billionaire, is the former owner of Pronovias, one of the largest wedding dress companies globally. His wealth source is primarily wedding dresses. Born in 1949/1950, Palatchi transformed a family store into a bridal empire. He sold a 90% stake in Pronovias in 2017. As of December 16, 2025, his net worth is estimated at $2.95 billion.

The Full Dossier

Early Life

Alberto Palatchi was born in Barcelona, Spain, around 1949 or 1950. His father fled Turkey during World War I and moved to Barcelona. In 1964, he inherited a store from his parents.

Rise to Success

Palatchi transformed the family store into Pronovias, which became one of the largest wedding dress companies worldwide. In 2017, he sold 90% of Pronovias to British private equity firm BC Partners for an estimated $550–655 million.

Key Business Strategies

Palatchi expanded Pronovias by pioneering ready-to-wear bridal gowns and presenting wedding dresses through fashion shows, modernizing the industry. He also leveraged collaborations with designers like Elie Saab and Valentino.

Philanthropy

Palatchi is known to be a philanthropist, donating to various charities.

Career Timeline

2017

Sold a majority stake in Pronovias

Sold 90% of Pronovias to BC Partners for an estimated $550–655 million.

1964

Inherited a store

Inherited a store from his parents, which he later grew into Pronovias.