Forbes Rich List: Murcia’s Billionaires

TOMÁS OLIVO and Isabel García, prominent entrepreneurs in the Region of Murcia, have been recognised among the top 100 wealthiest individuals in Spain by Forbes.

Isabel García’s Journey from Travel Agency to Forbes’ Rich List

Tomás Olivo stands out as the sixth richest person in Spain, primarily due to his role as the promoter and major shareholder of General de Galerías Comerciales (GGC), a major player in the Spanish shopping centre industry with a market capitalisation of €3.7 billion. Isabel García, the owner of Grupo Piñero, secured the 73rd spot on the list. Starting as a travel agency in Murcia in 1975, Grupo Piñero has evolved into a significant hotelier in Spain and Latin America.

Spain’s Wealth Elite: A 37% Increase to €196.13 Billion

The Forbes Spain ‘Top 100 Richest Spaniards’ list for 2023 continues to be dominated by well-known figures, with Amancio Ortega, Rafael del Pino, Juan Carlos Escotet, and Juan Roig Alfonso maintaining their positions at the top. Collectively, they hold 48 per cent of the list’s total wealth, which has seen a 37 per cent increase compared to the previous year, totalling €196.13 billion.

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