Spanish billionaires saw their fortunes increase by 21.5% in 2025, to $213.1 billion (€182.6 billion), while eight more people acquired ultra-rich status, bringing the total to 32.
According to the latest edition of UBS's 'Billionaire Ambitions 2025' report, the richest Spaniards added $11.6 billion (€9.94 billion) to the national wealth, driven by the performance of some of the country's leading entrepreneurs and a greater concentration of family wealth.
It is worth noting, in particular, that Amancio Ortega 's net worth increased by $21 billion (€17.995 billion), reaching $124 billion (€106.254 billion). This amount represents 58.2% of the total wealth of Spain's billionaires.
UBS has warned that the more than $162 billion (€138.815 billion) in wealth transfers expected over the next 15 years in Spain highlight the need to strengthen long-term planning , family governance and discipline in succession processes.
In a context of increasingly international families and more complex fortunes, the entity has indicated that the challenge for Spain's great fortunes lies in combining the preservation of legacy with the empowerment of the next generation and greater attention to the social impact of billionaires.
Billionaires worldwide
Globally, the wealth of the ultra-rich reached a record high of $15.8 trillion (€13.54 trillion) in 2025 after increasing by $386.5 billion (€331.185 billion) due to the remarkable creation of companies and the biggest wave of multigenerational inheritances since the report began.
The number of billionaires grew by 8.8% , from 2,682 to 2,919, with 196 new self-made billionaires and 91 heirs who collectively inherited a record $297.8 billion (€255.18 billion). Thus, the 860 multigenerational billionaires managed $4.7 trillion (€4.03 trillion).
The study also emphasized that female billionaires continue to increase their share, with average wealth growing by 8.4% to $5.2 billion (€4.456 billion), more than double the rate of men, whose wealth increased by 3.2% to $5.4 billion (€4.627 billion).
Although they are still a minority (374 compared to 2,545), they have been surpassing men in wealth accumulation for four consecutive years, in parallel with the generational change that prioritizes innovation, impact investing and the use of wealth to generate a positive social effect.
On the investment front, North America remains the top destination for billionaires (63%), followed by Western Europe (40%) and China (34%), while 42% plan to increase their exposure to emerging market stocks within a year.
Large fortunes also plan to increase their stake in private equity, hedge funds and infrastructure , while mentioning tariffs (66%), major geopolitical conflicts (63%) and political uncertainty (59%) as the main risks in 2026.
