Juan Roig net worth
Juan Roig Net Worth: Juan Roig is a Valencian entrepreneur with a net worth of $4.9 billion. Juan Roig is chairman of the supervisory board of the Mercadona grocery chain, which his parents founded in 1977 with the goal of expanding their owned group Meat Roig overseas.
Juan Roig was familiar with the intricacies of business at an early age and now owns 55% of a 1,356-store food empire that spans 16 of Spain’s 47 provinces and 17 autonomous regions. He didn’t let his business decline because of Spain’s financial crisis, cutting prices in stores by 14 percent, helping Spanish families get through. As a result, Mercadona’s low-price marketing strategy has given his company a 22% market share, the largest of any grocer. The company also prides itself on having approximately 63,500 employees who enjoy company benefits, 66% of whom are women. All his daughters, Hortensia, Amparo, Juana and Carolina, sit on the board of supervisors next to their father. In addition to his savvy business acumen, Juan has set up seed funds for entrepreneurs and a charitable foundation to sponsor a half-marathon in Valencia. What’s more, he plays professionally in Valencia twice a week because he’s a huge basketball fan.
