Miguel Fluxa Rossello

$2.48B
as of 02/18/25

About Miguel Fluxa Rossello

Fluxa Rossello is the executive chairman of Grupo Iberostar, one of Europe's largest hotel companies.

In 2017 Iberostar generated more than $2.9 billion in revenues; it has hotels in 30 countries and 27,100 employees.

The roots of the Iberostar Group date to the 19th century when the Fluxa family started a footwear business in Majorca, Spain.

In 1986 Miguel joined the family company, which was still small, and founded the first Iberostar hotels in Majorca and the Canary Islands.

In 2006 he sold the group's tour operator and travel agency divisions to the Carlyle Group for $950 million.

Personal stats

Citizenship

Spain

Source of wealth

Hotels

Residence

Esporles, Spain

Marital status

Married

Birth date

07/27/38 (age 86)

Number of children

2

Self-made

inherited and growing

Miguel Fluxa Rossello’s fortune is worth

41K

troy ounces of gold

38K

median U.S. household

25K

median U.S. income

0.05%

U.S. credit card volume

0.01%

GDP of the United States

0.007%

United States debt

Net worth history

Annual ranking

Did you know?

His grandfather, Antonio Fluxa, set up the family's footwear business in 1877 and within a decade, it had 11 workshops and five leather factories.

Net worth over time

Real-time ranking

Images © Forbes.com. All rights reserved.