In 2024, Puig’s company had the largest IPO in Europe, with a market capitalization of over 13.9 billion euros. The family retained 72% of the shares, giving them a valuation of 10 billion euros and making them one of the world’s richest individuals overnight. Despite their newfound wealth, they maintained tight control over the company, with 92.5% of the shares remaining in their hands.
Apart from their company, Puig’s family has investments in other listed companies such as Inmobiliaria Colonial and Fluidra. They are the third-largest shareholders of Colonial and have seen significant growth in their investment in Fluidra, which has increased sevenfold in value over the last decade. Additionally, they are the largest shareholders of fashion group Adolfo Dominguez, having acquired Myrurgia perfumery group in the early 2000s and eventually becoming a shareholder in Adolfo Dominguez.
Puig Brands is just one aspect of Puig’s diverse portfolio of patrimonial companies and family offices that invest in securities such as Inmobiliaria Colonial and Fluidra. These investments have yielded substantial returns for the family, making them one of the most successful investment groups in Spain and Europe. The Puig family’s wealth continues to grow as they expand their reach into new markets and industries.