Billionaire Profile
Simón Pedro Barceló Vadell
Global Rank
#2647

Image: Public domain | via Wikimedia Commons

Simón Pedro Barceló Vadell

CEO, Barceló Hotel Group
ES
Real-Time Net Worth
$1.3B
As of December 2025
Age
59
Source
Hotels
Industry
real-estate
Citizenship
ES

Biography

Simón Pedro Barceló Vadell, born in Palma de Mallorca in 1966, is a prominent Spanish businessman and co-chairman of Barceló Hotel Group. His career has been dedicated to the family-owned Barceló Group, a leading tourism company with a rich history. Barceló Vadell is a graduate in Law from the University of the Balearic Islands. His leadership has been pivotal in expanding the Barceló Group, currently the second-largest hotel chain in Spain, with over 300 hotels and 65,000 rooms in 30 countries. His focus is on adapting to market changes and driving innovation within the hospitality industry, contributing to the group's continuous growth and success, now overseeing the transition towards the fourth generation of the family.

Wealth Over Time

In-Depth Profile

Early Life

Simón Pedro Barceló Vadell was born in Palma de Mallorca in 1966. He is a graduate of Law from the University of the Balearic Islands. Before fully committing to the family business, he was involved in politics, serving as a senator for Mallorca from 1989 to 1993. This experience provided him with a broad understanding of public affairs before his transition to the private sector.

Rise to Success

Barceló Vadell dedicated his professional life to the Barceló Group, the family business. He is currently the co-chairman of Barceló Corporación Empresarial. Under his leadership, along with that of his cousin, Simón Barceló Tous, the Barceló Group has grown to become the second-largest hotel chain in Spain and one of the top 30 largest in the world, with over 300 hotels and 65,000 rooms across 30 countries. The group’s expansion includes international ventures, especially in the Caribbean and the Americas.

Key Business Strategies

Barceló's strategy focuses on adapting to evolving market realities and anticipating future trends in the hospitality sector. The group's approach includes a multi-brand strategy to cater to different market segments, including luxury, upper upscale, upscale, and upper midscale categories. Key to their success has been a commitment to quality and service, ensuring guest satisfaction. Barceló also emphasizes sustainable tourism, with initiatives to minimize environmental impact and promote responsible practices.

Philanthropy

The Barceló Group channels its social work through the Barceló Foundation, which collaborates on projects related to health, education, economic development, and culture in underdeveloped countries.

Career Milestones

1989

Senator

Served as a senator for Mallorca.

1993

Co-president of Barceló Corporación Empresarial

Assumed leadership role in the family-owned Barceló Group.

2000

Best Businessman of the Balearic Islands

Recognized by Actualidad Económica.

2000

Entrepreneur of the Year

Awarded by Ernst & Young, IESE, La Caixa, and Cinco Días.

2014

President of the Association of Hotel Chains of the Balearic Islands

Led the association.

Philanthropy & Social Impact

Social and Economic Development

Barceló Foundation

Undisclosed

Supports projects in health, education, economic development, and culture in underdeveloped countries.