Miguel Fluxa Rossello was born in 1938 in Esporles, Spain. His family had been in the footwear business since the 19th century, and in 1956 they entered the tourism industry. In 1986, Miguel joined the family business and founded the first Iberostar hotels in Majorca and the Canary Islands. International expansion followed in 1993, and in 2006 Rossello sold the group's tour operators and travel agencies divisions to the Carlyle Group for $950 million. Today, Grupo Iberostar generates more than $1.5 billion in revenues, has hotels in 27 countries, and employs 22,000 people. Fluxa Rossello serves as the group's executive chairman.
Miguel Fluxa Rossello is a member of Service
Miguel Fluxa Rossello's net worth is estimated to be $2.7 billion in 2024. He is a well-known figure in Spain, where he is recognized for his contributions to the service industry. Miguel Fluxa Rossello has made significant advancements in various sectors, particularly in the tourism and hospitality space. His entrepreneurial ventures and strategic investments have led to immense success, propelling his net worth to remarkable heights. With his extensive experience and innovative mindset, Miguel Fluxa Rossello continues to make a significant impact in Spain's service industry.
2016
$2 Billion
2017
$3.3 Billion
2018
$4.53 Billion
Biography/Timeline
1938
He was born in Majorca, in July 1938, the son of Lorenzo Fluxà, and the grandson of Antonio Fluxà.
