The Puig family has recently made headlines in the financial markets due to the successful IPO of their company, Puig Brands. The family is not only involved in this patrimonial company but also runs various family offices that invest in securities such as Inmobiliaria Colonial and Fluidra, both listed on the Ibex 35. These investments have proven lucrative, with Fluidra’s market value increasing sevenfold in the last decade alone.
The IPO of Puig Brands was Europe’s largest in 2024, with a market capitalization exceeding 13.9 billion euros. Despite retaining 72% of the shares and being valued at 10 billion euros overnight, the family maintains tight control over the company with 92.5% of the shares remaining in their hands. Their substantial investments in real estate and venture capital funds reserved for high-net-worth clients have contributed significantly to their wealth.
Apart from their company, Puig’s family has other significant investments, including Inmobiliaria Colonial and Fluidra. They hold a significant stake in Colonial, making them the third-largest shareholders of the company. Additionally, they are the largest shareholder of Adolfo Dominguez fashion group, a relationship that dates back to early 2000s when they acquired Myrurgia perfumery group, which manufactured perfumes for Adolfo Dominguez. Over time, Puig Brands began marketing fragrances for the fashion brand and eventually became a shareholder.
In conclusion, Puig’s family has become one of Spain’s wealthiest families due to their strategic investments in various industries such as real estate and venture capital funds reserved for high-net-worth clients. Their recent IPO success further solidified their position among world’s richest individuals while maintaining tight control over their companies with substantial ownership stakes.