'Miguel Fluxa: Leading business leader and tourism market visionary is Spain's 11th richest man'

'wealth up 53% on last year.

The list of richest Spaniards also includes Inditex shareholder Sandra Ortega Mera, whose fortune this year reached a record €6.3 billion from Inditex. In addition to Ortega, other notable figures such as Ferrovial president Rafael del Pino Calvo-Sotelo, Abanca president Juan Carlos Escotet and Mercadona president Juan Roig Alfonso are also among the top five.

Many descendants or relatives of Spain's richest people are also on the list, such as the daughter of Amancio Ortega, whom we mentioned earlier, or Rafael del Pino's sister, Maria del Pino Calvo Sotelo, president of the Rafael del Pino Foundation. But in front of her is Miguel Fluxa, also known as the executive chairman''of the Iberostar group.

Miguel Fluxa began his career at Viajes Iberia, which was acquired by his father Lorenzo Fluxa in 1956. He turned the company into one of Spain's leading issuers. He distinguished himself by creating Iberojet in 1973 and Sunworld in 1991, the first Spanish tour operator in England.

"Yes, it was the first school of economics in Spain. A man starts to learn under the influence of his father, but he starts to really learn what it means to run a business when the bull comes at him. Those of us who know that far back Spain realize how much we have improved a lot in that respect. We were a very poor country in terms of education," Fluxa says in an interview with Forbes.

"In our hotels, for example, we didn't have cooks, we had cooks who came from the army. They only knew how to cook''simple dishes.