Billionaire Profile
Alberto Alcocer
Global Rank
#2156

Image: Public domain | via Wikimedia Commons

Alberto Alcocer

CEO, Alcor Holding
ES
Real-Time Net Worth
$1.7B
As of December 2025
Age
82
Source
Investments
Industry
finance-investments
Citizenship
ES

Biography

Alberto Alcocer Torra, born in Madrid, Spain on December 17, 1942, is a prominent figure in the Spanish business world. He is known for his investments and co-owns Alcor Holding with his cousin, Alberto Cortina. Alcor Holding has significant stakes in Grupo ACS, the largest construction company in Spain, and Ence, a waste management company. Alcocer's career has seen him transform companies into large groups and navigate the complexities of the financial sector. He has a net worth of $1.7 billion as of December 5, 2025. Beyond his business endeavors, Alcocer is also involved in philanthropy.

Wealth Over Time

In-Depth Profile

Early Life

Alberto Alcocer Torra was born in Madrid, Spain, on December 17, 1942. His family had connections to Spanish politics and business, with his grandfather serving as the Mayor of Madrid. He studied Law at the Universidad Complutense de Madrid.

Rise to Success

Alcocer's business career began at Constructions and Contracts, later becoming managing director. By 1976, he and his cousin Alberto Cortina were already managing directors, transforming the company into a group of over 30 societies. They expanded their business interests, acquiring stakes in various banks, media, and cement companies throughout the 1970s and 1980s. In 1982, they acquired Bank Zaragozano. They were also involved in the mass media industry. Alcocer and Cortina, known as "Los Albertos", married sisters and managed the business empire for many years.

Key Business Strategies

Alcocer's key strategies involved strategic acquisitions and investments, particularly through Alcor Holding. Alcor Holding owns significant stakes in Grupo ACS, the largest Spanish construction company, and Ence. They sold their 40% stake in Banco Zaragozano to Barclays in 2004. Alcocer and Cortina continue to invest together.

Philanthropy

Alcocer is known for his philanthropic endeavors and has made significant contributions to various charitable causes.

Career Milestones

1976

Managing Director

Became managing director of Construcciones y Contratas, transforming the company into a group of over 30 societies.

1978

Development Bank Acquisition

Acquired 5% of the Development Bank.

1982

Bank Zaragozano Acquisition

Acquired Bank Zaragozano.

2004

Banco Zaragozano Sale

Sold the stake in Banco Zaragozano to Barclays.

2011

Forbes Ranking

Ranked as the 13th richest person in Spain and 993rd globally by Forbes.

Controversies & Challenges

2003

Urbanor Case

Accusations of racketeering in the Urbanor case, leading to the sale of their participation in Bank Zaragozano to Barclays.