A lberto Cortina is a high-profile Spanish financier who, with his cousin Alberto Alcocer, formed the famous investment duo known as "Los Albertos." Their ascent in the Spanish business world began when they married the two Koplowitz sisters, heiresses to the construction conglomerate Fomento de Construcciones y Contratas (FCC). The cousins took the helm of FCC and aggressively expanded the business, becoming symbols of the freewheeling financial era in Spain during the 1980s.
Their tenure at FCC ended following their highly publicized divorces from the Koplowitz sisters, but their influence in Spanish finance was far from over. They channeled their wealth and expertise into their own holding companies, building a new empire focused on banking, energy, and real estate. Today, their primary investment vehicle is Alantra, a global investment banking and asset management firm they co-founded. They also maintain a significant stake in Ence, a leading producer of eucalyptus pulp and renewable energy. Cortina's career has been a dramatic story of ambition, corporate power plays, and resilient success in the world of high finance.
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Alberto Cortina de Alcocer, born on January 20, 1947, in Madrid, Spain, is an influential Spanish billionaire businessman known for his decades in high-stakes finance. He comes from a family with deep political and civic ties: his father was Pedro Cortina Mauri, the Foreign Minister during the Francoist dictatorship, and his grandfather was a former Mayor of Madrid.
Cortina received a rigorous legal education, graduating with a Doctor of Jurisprudence in Law from the Universidad Complutense de Madrid. This legal expertise was crucial for navigating the complex mergers and corporate battles that would define his career. His ascent to the center of Spanish corporate power began in 1969 when he married Alicia Koplowitz, one of Spain's wealthiest heiresses, directly linking him to a vast industrial fortune.
Alberto Cortina’s career is famously intertwined with his cousin, Alberto Alcocer, creating the notorious Spanish business duo known simply as 'Los Albertos'. Starting in 1969, they began working at the construction company Fomento de Construcciones y Contratas (FCC), inherited by their wives (Alicia and Esther Koplowitz). They quickly rose, with Cortina becoming the CEO in 1976.
Under 'Los Albertos', FCC underwent a period of 'never before tried diversification', expanding far beyond its core construction business into banking, media, and services, greatly increasing its value despite the Spanish economic crisis of the 1970s and 80s. However, their partnership dissolved in 1991 due to personal scandals, leading to their departure from FCC. Retaining significant capital, they immediately moved into banking, running Banco Zaragozano and later selling their stake to Barclays in 2004 for over $2 billion. Cortina continues to manage his fortune through his holding companies, demonstrating immense resilience and financial acumen.
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Married Alicia Koplowitz and began working at Fomento de Construcciones y Contratas (FCC).
Became CEO of FCC.
'Los Albertos' began an aggressive acquisition strategy, taking stakes in major Spanish financial institutions.
Acquired Banco Zaragozano.
Departed from FCC amid personal and corporate scandal.
Took a controlling stake in ACS Group, leveraging it into the world's largest construction group by sales.
Sold his stake in Banco Zaragozano to Barclays for over $2 billion.
Co-founded the 'Alberto and Elena Cortina Foundation'.
Founded Banque de Dakar.
Alberto Cortina's vast fortune is managed through his investment holding company, Alcor Holding, which he co-owns with his cousin, Alberto Alcocer. The strategy is to acquire and maintain strategic stakes in large, stable, publicly traded infrastructure and energy companies.
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Alberto Cortina’s philanthropic commitment is channeled through the 'Alberto and Elena Cortina Foundation', which he co-founded with his current wife, Elena Cué, in 2011. The foundation focuses on direct, practical aid to victims of social hardship, both domestically and internationally.
This dedication to social projects that have a direct, tangible impact on vulnerable populations defines his humanitarian legacy.
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+0.17% | +$21.07M
+0.09% | +$2.13M
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