Billionaire Profile
Miguel Fluxa Rossello
Global Rank
#982

Image: Samsagas | CC BY-SA 4.0 | via Wikimedia Commons

Miguel Fluxa Rossello

CEO, Hotels
SPAIN
Real-Time Net Worth
$4.277B
Estimated based on Hotels stock value as of March 6, 2026
0% (24h)
Age
87
Source
Hotels
Industry
Service
Citizenship
SPAIN

Biography

Miguel Fluxà Rosselló, born in Majorca, Spain, in July 1938, is a prominent Spanish billionaire businessman. He is the executive chairman of Grupo Iberostar, a leading global hospitality company. Rosselló's journey began with a family footwear business before transitioning into the hotel industry. His leadership at Iberostar has led to significant growth, with the company now operating over 100 hotels and resorts across 16 countries. As of April 2022, his net worth was estimated at $3.2 billion, reflecting his success in the service industry. He is known for his commitment to sustainable tourism and has been recognized as Forbes' Best CEO of 2023 in Spain.

Fact Checked
Verified by Editorial Team
Live Data
Updated 3/6/2026

Wealth Over Time

In-Depth Profile

Early Life

Miguel Fluxà Rosselló was born in July 1938 in Majorca, Spain. He is the third-generation heir to a family with roots in the footwear industry. His grandfather, Antonio Fluxà, founded the shoe-making shop Lottusse in 1877, and his father, Llorenç Fluxà Figuerola, expanded the family business.

Rise to Success

Fluxà's career took a turn towards hospitality when he joined his father in the tourism business. In 1986, he opened his first Iberostar hotel, marking the beginning of a successful venture. He expanded the group through strategic acquisitions, including an airline and cruise company, eventually focusing on hotels. In 2006, he sold the group's tour operator and travel agency divisions to concentrate on the hotel division, Iberostar Hotels & Resorts.

Key Business Strategies

Fluxà has been instrumental in transforming Iberostar into a global hospitality brand. Key strategies include a focus on all-inclusive resorts, family ownership, and sustainability. The company now operates over 100 properties in 16 countries, with continuous expansion plans.

Philanthropy

Fluxà established the Fundacion Iberostar in 2004, a non-profit organization focused on education and improving living standards. Iberostar has also partnered with the TAMAR Project to help preserve sea turtles and built an educational center for children in partnership with UNICEF, named after Miguel Fluxà Rosselló.

Career Milestones

1986

Opened First Iberostar Hotel

Founded the first Iberostar hotels in Majorca and the Canary Islands.

1993

International Expansion

Began the group's international expansion with the first hotel opening in the Dominican Republic.

2004

Founded Fundacion Iberostar

Established a non-profit organization focused on education and improving living standards.

2022

Forbes Best CEO

Named Forbes' Best CEO of 2023 in Spain

Philanthropy & Social Impact

Education and Community Development

Fundacion Iberostar

Unknown

Supports education and improves living standards.

Environmental Conservation

TAMAR Project

Unknown

Partnership to help preserve sea turtles.

Education

UNICEF Educational Center

Unknown

Built an educational center for children in partnership with UNICEF.

Business Philosophy & Leadership

Notable Quotes

"“It is an honor to receive this recognition from Forbes Spain. We are a family company with strong values that have helped us shape Iberostar's corporate culture based on quality and long-term sustainability.”"

"“Levantar una empresa es algo difícil, pero cargársela resulta fácil.”"

Leadership Principles

Focus on Sustainability

Committed to responsible tourism and the well-being of the environment.

Family Values

Emphasizes strong family values in shaping the corporate culture.

Innovation and Digitization

Leading the company's transformation through innovation, digitization and talent.