Philippine real estate billionaire Manuel Villar quickly moved on after losing the 2010 presidential election, and now is No. 2 on the Philippines’ 50 Richest list, at $7.8 billion. Twelve years ago, ...
Tag: Manuel Villar
The Double Whammy Of A Plunging Peso And A Weak Stock Market Knocked Down Collective Wealth
Teresita Sy-Coson SM INVESTMENTS This story is part of Forbes’ coverage of Philippines’ Richest 2022. See the full list here. The Philippines’ economy grew 8.3% in the first quarter of 2022, as domest...
Property Firm Owned By Philippines’ Richest Man To Raise $176 Million From Shopping Mall, Office REIT IPO
Manuel Villar, chairman of property developer Vista Land, during a political rally in 2010 … [+] presidential elections. NOEL CELIS/AFP via Getty Images Vista Land & Lifescapes—the real esta...
Philippines’ Ayala Corp. To Raise $1 Billion From Non-Core Asset Sale
Jaime Augusto Zobel de Ayala is the chairman of his family’s Ayala Corp. Courtesy of Ayala Corp. Ayala Corp.—controlled by billionaire Jaime Zobel de Ayala—aims to raise 52.5 billion pesos ($1 b...