Alberto Alcocer

$2.21 B

Ranked #1920 in World

About Alberto Alcocer

Spanish magnate Alberto Alcocer Torra, born in Madrid on December 17, 1942, is a prominent figure in the business world, co-owning Alcor Holding with cousin Alberto Cortina. This holding company significantly influences the construction and waste management sectors, owning 12.5% of Grupo ACS, Spain's largest construction firm, and 21% of Ence. Forbes listed him as Spain's 13th wealthiest individual and the 993rd globally in March 2011, with a fortune valued at $1.2 billion. With a familial legacy tied to key political and economic roles in Spain, and a solid educational background in Law from Universidad Complutense de Madrid, Alcocer's journey from working in his father-in-law's company to leading over 30 entities and making strategic acquisitions showcases his adeptness in navigating complex business landscapes. Despite legal challenges, including the notable Urbanor case, his resilience has kept him among the world’s elite, according to Forbes’ rankings.

Born

December 07, 1942 in Madrid, Spain

Age

83 years

Source Of Wealth

Investments

Industries

Finance & Investments

Citizenship

Spain

Residence

Madrid

Education

Doctor of Jurisprudence, Universidad Complutense de Madrid

Alberto Alcocer Torra was born on December 17, 1942, in Madrid, Spain. His uncle, Pedro Cortina Mauri, served as the foreign minister during the Francoist dictatorship, while his paternal grandfather, Alberto Alcocer y Ribacoba, held the position of Mayor of Madrid in the 1920s and 1930s. Alcocer Torra studied Law at the Universidad Complutense de Madrid.

Alberto Alcocer: Family

In 1969, Alberto Alcocer Torra married Esther Koplowitz, although they maintained separate property. The couple has two children together.

Alberto Alcocer: Career Highlights

Alcocer Torra's career took off when he began working at Constructions and Contracts, a company founded by Koplowitz's father, alongside his cousin Alberto Cortina. By 1976, the duo had risen to the positions of managing directors and transformed the company into a group comprising over 30 societies.

In 1978, Alcocer Torra and Cortina acquired 5% of the Development Bank, which belonged to the Central Bank. This was followed by the acquisition of shares in the cement company Portland Valderrivas in 1981, which was owned by Banesto. In 1982, they acquired Bank Zaragozano.

In 1987, Alcocer Torra and Cortina ventured into the mass media industry by establishing the group Estructura. The following year, they created the society Cartera Central with Group KIO, exchanging the majority control of Urbanor for 12% of the Central Bank held by the Kuwaiti group.

Alberto Alcocer: Companies

Alberto Alcocer Torra is the co-owner of Alcor Holding with his cousin Alberto Cortina. Alcor Holding owns a significant stake in Grupo ACS, the largest Spanish construction company, as well as a substantial share in the waste management company, Ence.

Alberto Alcocer: Major Achievements

Alcocer Torra's business acumen and strategic investments have contributed to the success of Alcor Holding. The company's ownership of a substantial portion of Grupo ACS and Ence reflects his ability to identify and capitalize on lucrative opportunities.

Alberto Alcocer: Awards & Achievements

In March 2011, Forbes ranked Alberto Alcocer Torra as the 13th richest person in Spain and the 993rd globally, with an estimated net worth of $1.2 billion.

This recognition highlights his remarkable achievements in the business world.

Alberto Alcocer: Personal Life & Legacy

Despite his professional success, Alberto Alcocer Torra maintains a relatively private personal life. He is known for his philanthropic endeavors and has made significant contributions to various charitable causes.

Alberto Alcocer: Trivia

Alberto Alcocer Torra's rise to prominence in the business world has been marked by both triumphs and challenges. Notably, he and his cousin faced accusations of racketeering in the Urbanor case, which led to the sale of their participation in Bank Zaragozano to Barclays. However, they were later absolved of these charges, and the Supreme Court granted them the right to recover 50 million Euros paid as compensation. This turn of events further solidified Alcocer Torra's reputation as a resilient and successful businessman.

Wealth History

Timeline

December 17, 1942

Alberto Alcocer Torra is born in Madrid, Spain.

1969

Alberto Alcocer Torra marries Esther Koplowitz.

1976

Alberto Alcocer Torra and Alberto Cortina become managing directors of Constructions and Contracts, transforming it into a group of over 30 societies.

1978

Alcocer and Cortina acquire 5% of the Development Bank, which belonged to the Central Bank.

1981

Alcocer and Cortina acquire shares in the cement company Portland Valderrivas, owned by Banesto.

1982

Alcocer and Cortina acquire Bank Zaragozano.

1987

Alcocer and Cortina enter the mass media industry with the group Estructura.

1988

Alcocer and Cortina create the society Cartera Central with Group KIO, selling the majority control of Urbanor in exchange for 12% of the Central Bank held by the Kuwaiti group.

2003

Alcocer and Cortina are forced to sell their participation in Bank Zaragozano to Barclays due to accusations of racketeering by an associate in Urbanor, leading to the Urbanor case.

2011

Alberto Alcocer Torra is ranked as the 13th richest person in Spain and the 993rd globally by Forbes, with an estimated net worth of $1.2 billion.

Alberto Alcocer : FAQs

What is Alberto Alcocer's current net worth?

Alberto Alcocer's current net worth is $2.21 billion.

What is Alberto Alcocer's current global rank among billionaires?

Alberto Alcocer holds the 1920th position globally among billionaires.

What is Alberto Alcocer's current ranking within the Spain?

Alberto Alcocer holds the 22nd position in Spain.

What was the change in Alberto Alcocer's net worth compared to the previous year?

Alberto Alcocer's net worth increased by 412.1 million dollars compared to the previous year 2025, when his net worth was 1.80 billion dollars.

What are Alberto Alcocer's main sources of wealth?

Alberto Alcocer's main source of income comes from Investments.

In which industry does Alberto Alcocer primarily operate?

Alberto Alcocer is primarily involved in the Finance & Investments industry.

What is Alberto Alcocer educational background?

Alberto Alcocer holds a Doctor of Jurisprudence from Universidad Complutense de Madrid.

How old is Alberto Alcocer?

Alberto Alcocer is 83 years old.

How many children does Alberto Alcocer have?

Alberto Alcocer has 5 children.

Who is Alberto Alcocer Torra and what is his connection to the Spanish business world?

Alberto Alcocer Torra is a celebrated Spanish businessman, born on December 17, 1942, in Madrid, Spain. He co-owns Alcor Holding with his cousin Alberto Cortina, a holding company with significant stakes in Grupo ACS, Spain's largest construction company, and Ence, a prominent waste management company.

How did Alberto Alcocer's career in business start and evolve?

Alberto Alcocer's business career took off when he began working at Constructions and Contracts, a company founded by his father-in-law. Alongside Alberto Cortina, he rose to become managing director by 1976, expanding the company into a conglomerate of over 30 entities, and diversifying into banking and media among other sectors throughout the 1980s and beyond.

What legal challenges has Alberto Alcocer faced, and what was the outcome?

Alberto Alcocer faced legal challenges in relation to the Urbanor case, where he was accused of racketeering. He and his business partner had to sell their participation in Bank Zaragozano in 2003. However, the judgment was later appealed, and the Supreme Court allowed them to recover 50 million Euros paid as compensation, leading to his inclusion among Forbes' 1000 wealthiest people globally after the absolution.