BillionaireNet
Herrero
Hortensia Herrero
Rank #762
SPAINFashion & RetailSupermarkets

Hortensia Herrero

Net Worth
$5.298B
0% (24h)
Hortensia Herrero, a prominent Spanish businesswoman, is known for her significant role as the Vice-President and shareholder of Mercadona, one of Europe's largest supermarket chains. Born in Valencia in 1950, she holds a degree in Economics from the University of Valencia. Her estimated net worth is $5.3 billion, with supermarkets as her primary source of wealth. Herrero is also recognized for her deep commitment to philanthropy, particularly through the Hortensia Herrero Foundation, which focuses on preserving Valencian heritage and promoting arts and culture. She has been a key figure in the success of Mercadona since 1990 and has contributed to various initiatives, making her a respected figure in both business and cultural preservation.

The Full Dossier

Early Life

Hortensia Herrero Chacón was born on May 20, 1950, in Valencia, Spain. She earned a degree in Economics from the University of Valencia, where she met her future husband, Juan Roig. Her education provided her with a strong foundation for her future business endeavors.

Rise to Success

In 1990, Hortensia Herrero became the Vice-President of Mercadona, a Spanish supermarket chain. Alongside her husband, Juan Roig, she holds a significant share in the company. Mercadona expanded rapidly, becoming a leading supermarket chain in Spain and Portugal. Her business acumen and strategic vision have been critical to Mercadona's growth and success.

Key Business Strategies

Hortensia Herrero has been instrumental in implementing Mercadona's successful business model, focused on efficiency, customer satisfaction, and quality. The company has a strong emphasis on providing quality products at affordable prices. Mercadona's strategy includes significant investment in its employees. The company also focuses on innovation, including its online platform, and sustainable practices.

Philanthropy

Herrero established the Hortensia Herrero Foundation in Valencia. The Foundation's primary objectives include the restoration and preservation of Valencian artistic heritage and the promotion of contemporary art and dance. The foundation has funded major restoration projects, including the Iglesia de San Nicolás and the Colegio del Arte Mayor de la Seda. The foundation has also launched projects related to dance, ballet, music, and art, developing a cultural hub within the Valencian community.

Career Timeline

2023

Opened Hortensia Herrero Art Centre

Opened the Hortensia Herrero Art Centre (CAHH) in Valencia.

2012

Founded Hortensia Herrero Foundation

Established the Hortensia Herrero Foundation in Valencia, focusing on cultural and artistic initiatives.

1990

Vice-President of Mercadona

Became the Vice-President of Mercadona, alongside her husband, Juan Roig.

1973

Graduated

Graduated with a degree in Economics from the University of Valencia.

Philanthropic Impact

Heritage Restoration$10M+

Restoration of San Nicolás Church

Funding for the restoration of San Nicolás Church in Valencia.

Arts and CultureUnknown

Support for Dance Programs

Funding and support for dance initiatives, including Campus Internacional Valencia Danza and the Ballet Vale+.

Arts and CultureUnknown

Hortensia Herrero Art Centre

Established an art center to promote contemporary art and culture in Valencia.

Heritage RestorationUnknown

Restoration of the Colegio del Arte Mayor de la Seda

Funding for the restoration of the Colegio del Arte Mayor de la Seda.

Wealth Trajectory