| Name: | Joaquin Folch-Rusinol i Corachan |
| Net Worth: | US$200 million |
| Source of Wealth: | Industrias Titan |
| Born: | June 1953 |
| Country: | Spain |
| Wife: | Unknown |
| Children: | Unknown |
| Residence: | Barcelona |
| Private Jet: | (EC-ISQ) Cessna Citation |
| Yacht: | Buka |
Joaquin Folch-Rusinol i Corachan has established himself as a leading figure in Spanish industry. Born in 1953, he has carved a niche for himself as the CEO of his family’s paint factory, Industrias Titan, and as a key player in several other sectors, further amplifying his influence.
Recognized as one of the premier producers of paints, varnishes, and coatings for home decoration and professional use, Industrias Titan forms the bedrock of Folch-Rusinol’s business empire. Since its establishment in 1917, the company has been steadily growing, currently boasting annual sales of around US$ 200 million, powered by a dedicated workforce of more than 500 employees. Industrias Titan also has a strong international presence with factories spread across Morocco, Portugal, and Spain.
Apart from his core business, Folch-Rusinol also has a significant presence in the banking industry as a shareholder and non-executive director at Banco Sabadell. He holds 1.04% of the shares of Banco Sabadell, valued approximately at $130 million. Additionally, he was previously a director and shareholder at Banco Santander, highlighting his diversified investment interests.
Joaquin Folch-Rusinol’s business endeavors extend beyond paints and banking. He also owns Fabricas Folch SL, a company active in real estate development. Furthermore, he owns Corver SA, a company involved in importing and distributing aftermarket motorcycle parts in Spain, demonstrating his strategic diversification into different sectors.
Thanks to his varied business ventures, Folch-Rusinol’s net worth is estimated to be at least US$ 200 million, reflecting his business acumen and success.
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He lives in a large house in Barcelona.
Barcelona, Spain’s second-largest city, is an eclectic fusion of Gothic architecture, vibrant street life, and innovative culinary scene. Known for its artistic heritage, the city is the home of the world-renowned architect Antoni Gaudí, whose iconic works like the Sagrada Familia and Park Güell are integral to the city’s unique aesthetic.
Its historic Gothic Quarter transports visitors back in time with narrow medieval streets filled with trendy bars, clubs, and Catalan restaurants. Meanwhile, the tree-lined La Rambla remains one of the most popular tourist destinations in Barcelona, bursting with street performers, outdoor markets, and local eateries. Barcelona is also famous for its thriving nightlife and is considered one of Europe’s trendiest cities with an abundance of chic bars and clubs.
Not to be overlooked, Barcelona is also a sports mecca, home to FC Barcelona, one of the most successful football clubs in the world. Beyond its bustling urban life, Barcelona offers stunning beaches and inviting turquoise waters of the Mediterranean Sea, providing a relaxing retreat from the city’s energetic pace. Cultural experiences like the annual La Mercè festival showcase the city’s rich traditions and vibrant community spirit.
Renowned museums such as the Museu Picasso and the Barcelona Museum of Contemporary Art house some of the world’s finest collections of modern and contemporary art. With its wealth of cultural offerings, dynamic street life, and beautiful coastal setting, Barcelona continually captures the hearts of travelers from around the globe.
He is the owner of the Heesen yacht Buka.
The Buka Yacht, a stunning representation of Heesen Yachts’ craftsmanship, is valued at an estimated $15 million.
With a design from Omega Architects, Buka is the fifth hull in Heesen’s successful 3700M series.
Capable of reaching a max speed of 31 knots and a cruising speed of 21 knots, the yacht can cover more than 1,500 nm.
The yacht can accommodate up to 10 guests and a crew of 8.
He owns a Cessna Citation private jet with registration EC-ISQ.
The Cessna 560 is a family of business jets produced by Textron Aviation. It includes two models, the Citation V and the Citation Ultra, both of which are midsize jets designed for corporate and personal use. The Citation V was first introduced in 1987 and has a range of approximately 1,900 nautical miles, while the Citation Ultra was introduced in 1994 and has a range of approximately 2,055 nautical miles. Both models can accommodate up to 8 passengers and feature advanced avionics and comfortable interiors. In 1998, the Citation V was succeeded by the upgraded Citation Encore model. The price of a Cessna 560 can vary depending on several factors, such as the age, condition, and configuration of the aircraft. The average price for a pre-owned Cessna Citation V (Cessna 560) is around $1.1 to $1.5 million. The price for a Cessna Citation Ultra (also a Cessna 560 model) is around $1.5 to $2 million.
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Yacht Owners Database 2024
