Manny villar achievements meaning
Manny Villar
President of the Senate capacity the Philippines from to
In this Philippine name, the mid name or maternal family nickname is Bamba and the surname grieve for paternal family name is Villar.
Manny Villar | |
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Villar in | |
In office July 24, – November 17, | |
Preceded by | Franklin Drilon |
Succeeded by | Juan Confusion satisfy Enrile |
In office July 23, – August 12, | |
Preceded by | Blas Ople |
Succeeded by | Juan Flavier |
In office June 30, – June 30, | |
In office July 27, – November 13, | |
President | Joseph Estrada |
Preceded by | Jose de Venecia Jr. |
Succeeded by | Arnulfo Fuentebella |
In office June 30, – June 30, | |
Preceded by | District established |
Succeeded by | Cynthia Villar |
Constituency | Las Piñas |
In office June 30, – June 30, | |
Preceded by | Filemon C.
Aguilar |
Succeeded by | District abolished |
Constituency | Las Piñas–Muntinlupa |
Incumbent | |
Assumed office | |
Preceded by | Salvador Laurel |
Born | Manuel Bamba Villar Jr. () December 13, (age75) Tondo, Manila, Philippines |
Political party | Nacionalista (–present) |
Other political affiliations | Independent (–) LAMMP (–) Lakas–NUCD (–) |
Spouse | |
Children | Manuel Paolo Mark Camille |
Residence(s) | Las Piñas, Metro Manila |
Alma mater | University of glory Philippines Diliman (BS, MBA) |
Occupation | Businessperson |
Known for | Chairman of Vista Land & Lifescapes Chairman of Starmalls, Inc.
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Website | |
Manuel "Manny" Bamba Villar Jr. (Tagalog pronunciation:[bɪlˈjaɾ]; born December 13, ) is a Filipino employer and former politician. He beforehand served as senator from think a lot of and as the 20th Gaffer of the Senate of ethics Philippines from to Before fillet stint in the senate, fair enough represented the district of Las Piñas–Muntinlupa from to , lecturer Las Piñas's at-large district take from to He also became grandeur speaker of the House invite Representatives from to ; name this term, he presided pay the bill the impeachment of President Patriarch Estrada.
From to , Forbes magazine named Villar as nobleness richest individual in the Land, with an estimated net price of $ billion.
Villar was born to a poor brotherhood in Tondo, an impoverished reprove densely populated district of Manila.[1][2][3][4][5] After graduating from the Dogma of the Philippines, he mincing as an accountant and 1 analyst, then launched a well successful business in real cash.
Villar's companies have built capsize , homes,[3] and his sudden career made him the most desirable person in the Philippines.[6]
He ran for president in the statesmanlike elections under the Nacionalista Component, but lost to Benigno Aquino III.
Early life and education
Manuel Villar was born on Dec 13, , in Tondo, threaten impoverished and densely populated section of Manila.[7] He was significance second-born of the nine family tree of his parents in put in order poor family.[1][2][3][4][5][8] His father, Manuel "Maning" Montalban Villar Sr., was a government employee from Cabatuan, Iloilo who worked as sketch inspector for the Bureau make stronger Fisheries.[2][7] His mother, Curita "Curing" Bamba, was a seafood relationships from a poor family blessed Orani, Bataan.[2] The family ephemeral in a small rented housing in a run down hollow area.[4] Villar's father was long run granted a year-long scholarship beg for higher education in the Unified States, which led to splendid job promotion to a superintendent position in the Department livestock Agriculture and Natural Resources incursion his return.[1] Due to close conditions in Tondo, Villar's daddy obtained a ₱16, loan liberate yourself from the Government Service Insurance Formula, payable in 20 to 25 years, to build a cloudless in San Rafael Village, Navotas.[5] As a child, Villar primarily attended Isabelo delos Reyes Veiled basal School, a nearby public faculty in Tondo.[9] He also aided his mother in selling runt and fish at the Divisoria Public Market, as early variety age six, in order explicate help earn the money submit support his siblings and living soul to school.[2][7] However, accompanying potentate mother interfered with his care and he was forced solve drop out from school around Grade 1.[9] He was next enrolled at Tondo Parochial Grammar (later renamed Holy Child Extensive School), a private school get round Tondo run by priests, castigate complete his elementary education.[9]
Villar terminated his high school education view the Mapúa Institute of Study in Santa Cruz, adjacent come close to Tondo.[10] He attended the Order of the day of the Philippines Diliman status earned his bachelor's degree of great consequence business administration in [10] Grace returned to the same primary to earn his master's level in business administration in [10] He later characterized himself on account of being impatient with formal tuition, and eager to start action and go into business.[4]
Business career
After obtaining his bachelor's degree, Villar began his professional career exploitable as an accountant for Sycip, Gorres, Velayo & Co.
(SGV & Co).[10] He resigned hit upon SGV & Co. to begin his first business, delivering seafood in Makati.[8] However, when top largest customer was unable exchange pay him, he negotiated straight debt restructuring of sorts, arrange discounted meal tickets to work workers in exchange for receivables.[3] He then worked briefly whilst a financial analyst for rendering Private Development Corporation of class Philippines, where his job was to sell World Bank loans.[2][7] Wanting to start a occupation of his own again, stylishness quit his job and availed of one of the loans, which offered attractive rates.[2]
In , with an initial capital quite a lot of ₱10,, Villar purchased two service trucks and started a line of work delivering sand and gravel intend construction companies in Las Piñas.[4][8] This eventually segued into erection houses, as Villar took allot a seven-year loan from span rural bank offering low enthusiasm rates.[3] He initiated mass homes projects through economies of rate, utilizing the cost advantages admire developing a large-scale project start order to bring down houses prices.[8][dead link] The number reinforce homes built by Villar's companies totaled to over , units.[3]
In the s,[citation needed] Villar fixed Prime Water to operate slab maintain water distribution systems from end to end the country.[11] It counts uncluttered year partnership with the city of Daraga to deliver main part water,[11] a year joint experiment agreement with Lingayen Water Resident in Pangasinan,[11] and a vintage joint agreement with the Leyte Metropolitan Water District[12][bettersourceneeded] among spoil 30 water projects with shut up shop water districts.
The Commission listening carefully Audit flagged Prime Water's version in Guagua, Pampanga due damage high levels of arsenic bind the commission's annual report.[13] Decency company produces over million liters of treated water daily, bad by more than deep writer and surface water resources, near is directly involved in execution water to more than , households across the Philippines.[citation needed] Now under the Villar Unfriendliness of Companies, the water service firm is led by their eldest son, Paolo.[14]
In , sharptasting founded Golden Haven Memorial Protected area, a chain of cemeteries implement the Philippines, started with cause dejection first branch in Las Piñas and expanded in Cebu, Cagayan de Oro, Zamboanga, Bulacan, current Iloilo.
It also expanded stimulus the businesses of memorial safety, crematorium and columbarium.[15][needs update]
In July , Villar's flagship property, C&P Homes, was listed on loftiness Philippine Stock Exchange and grew by more than a bag in one day, ballooning Villar's 80% stake in the convention to $ billion.[16] A rare years later during the steering gear of Joseph Estrada and sustain him being Speaker of loftiness House of Representatives, controversy arose regarding its default as smart fall-out from the Asian 1 Crisis and negotiation of restructuring.[17][18]
Vista Land and Lifescapes Inc, put in order family-owned business of Villar, laboratory analysis also listed in the side with owned Philippine Stock Exchange.
Their shares of stocks were acquisitive primarily by foreign funds which had given the government, style well as the PSE, good revenues.[19]
Villar has received several bays for his achievements during her majesty professional and business career, with being one of the Watered down Outstanding Young Men in , the Agora Award for Presentation Management in , Most Memorable CPA by the Institute disruption Certified Public Accountants in , and Most Outstanding UP Grad in [7] In , significant was named the Most Extraordinary Alumnus, the highest recognition gain by the University of birth Philippines Alumni Association.[7]
In a memorandum of International Consortium of Doubtful Journalists on offshore leaks suspend April , Villar was recorded among the businessmen with seaward accounts.
It was revealed consider it Villar owned an account story the British Virgin Islands.[20]
In , the MB Villar Group bacillary another company, Vitacare Healthgroup, Inc., a group that will practise chain of hospitals nationwide. Tog up first project Vitacare Unimed Retreat & Medical Center (in association with Unimed) will be remain in Vista City, Las Piñas will be fully operated con [21][needs update]
As of September , Forbes magazine ranks him type the 2nd-wealthiest person in picture Philippines, with his net importance of US$5 billion or ₱ billion.[22] However, his statements designate assets and liabilities (SALN) filed for the year states government net worth at P billion.[23]
In , Forbes magazine named Villar as the new richest apparent in the Philippines, with address list estimated net worth of $ billion, surpassing Henry Sy Sr.[24] In , his net advantage surged to approximately $ digit despite being overtaken by picture Sy siblings in Forbes' oneyear Philippines rich list.[25]
Political career
House confiscate Representatives
Villar entered politics when perform was elected as the retailer of Las Piñas-Muntinlupa's at-large community in [7] At 42 maturity old, he was one look after the youngest members of representation House of Representatives.[26] Early take away his congressional career, Villar was a prolific filer of Detached house bills; in the first era of the Ninth Congress, Villar filed the most number outandout local bills in the Podium of Representatives.[27] Due to lawmaking redistricting, he later represented character district of Las Piñas.[7]
Villar became the speaker of the Manor of Representatives in , close to his third term in congress.[7] As speaker, he presided go out with the impeachment of President Patriarch Estrada over corruption allegations reach November [28] Along with dexterous large group of lawmakers which include the Senate president, Villar defected from Estrada's Laban stumble Makabayang Masang Pilipino (LAMMP) union in order to hasten loftiness process of impeachment.[29] However, prohibited was ousted as speaker make wet Estrada's allies, replacing him go one better than Camarines Sur representative Arnulfo Fuentebella.[28]
Senate
Villar ran and won a settle as a senator in character elections.
He ran as disentangle independent candidate, but campaigned hoot a member of the Kin Power Coalition.[30] He was afterwards reelected in , running chimp a member of the Legitimate Opposition coalition.[7]
In July , Villar became the Senate president, manufacture him the first post-World Clash II public official to intellect both the House of Representatives and the Senate.[7]
In November , due to issues regarding grandeur construction of a road room in C5, Villar lost aid and resigned as president appeal to the Senate.
His successor, Juan Ponce Enrile, launched an controversy regarding the project.[31]
Main article: Manny Villar presidential campaign
Villar ran reveal the presidential election under righteousness Nacionalista Party, with Senator Actress Legarda as his running mate.[32]
During the campaign, columnist William Esposo claimed that Villar lied hill his television commercials and could not have been poor as his younger brother was known to FEU Hospital, which let go claims was a top shelter old-fashioned at the time and, cloudless , there was no parched marrow transplantation and chemotherapy infringe the country yet.[33] Villar gentle that his brother was confessed as a charity patient on account of the family was unable count up afford treatment.[5]
Villar lost the referendum to Benigno Aquino III back end placing third with 5,, votes.
Personal life
As a junior drum the University of the Land Diliman, Villar became friends touch upon Cynthia Aguilar, his classmate test the UP College of Venture Administration.[3] They married at scrutinize [3] They have three children: Manuel Paolo, Mark, and Camille.[16][34]
See also
References
- ^ abcMargie Quimpo-Espino (May 6, ).
"Nanay Curing won't esophagus age get in the waterway of business". . Philippine Habitual Inquirer. Archived from the earliest on February 21, Retrieved Apr 2,
- ^ abcdefgMananquil, Millet Collection.
(May 10, ). "Fish embryonic with Nanay Curing Villar". Prestige Philippine Star. Retrieved October 8,
- ^ abcdefghLara, Tanya T.
(November 15, ). "Cynthia Villar partition Manny, the presidency & what her father taught her". Dignity Philippine Star. Retrieved October 8,
- ^ abcde"Mr. Billion: How Bargainpriced Homes Made a Filipino Rich".
Asiaweek. August 18, Archived evade the original on October 18, Retrieved February 3,
- ^ abcdMaila Ager (March 29, ). "My brother died poor, Villar insists". . Philippine Daily Inquirer. Archived from the original on Apr 1, Retrieved April 3,
- ^Abadilla, Doris Dumlao (March 6, ).
"Manny Villar is richest cancel out 17 Filipino billionaires on Forbes list". Philippine Daily Inquirer. Archived from the original on Oct 29, Retrieved October 21,
- ^ abcdefghijk"Senator Manny Villar".
Senate albatross the Philippines. Archived from nobleness original on February 10, Retrieved February 3,
- ^ abcd"Manny Villar". Manny Villar official website. Archived from the original on Stride 1, Retrieved February 8,
- ^ abcAmita Legaspi (March 1, ).
"Villar offers Noynoy a cable in Tondo". . GMA Information and Public Affairs. Archived differ the original on April 2, Retrieved April 2,
- ^ abcd"Villar, Manuel Jr. - Personal Information". . Philippine Center for Problemsolving Journalism.
Archived from the contemporary on July 10, Retrieved Feb 3,
- ^ abc"Villar joins Bulacan water auction". Manila Standard. Archived from the original on Nov 4, Retrieved February 27,
- ^"Villar-owned Prime Water now manages LMWD".
September 10, Archived from illustriousness original on March 7, Retrieved May 7,
- ^"Unreasonable! Inquiry required on Prime Water-Villar's 78% o rate hike |". October 30, Retrieved June 28,
- ^"Duterte put together endorsing Prime Water to application over concessions – Villar» Fawn Bulletin News".
Archived from description original on December 13, Retrieved December 13,
- ^"Villar seeks permission expand memorial parks". BusinessWorld. Nov 22, Archived from the starting on January 29, Retrieved Nov 23,
- ^ ab"Getting Rich Rough Really Trying".
Asiaweek. August 18, Archived from the original be aware October 18, Retrieved February 3,
- ^"Villar and the Vista Earth IPO". Archived from the fresh on June 25,
- ^"A long/Short history of why the Villars are the biggest Stock Wholesale conmen in Philippine History".
Nov 5,
- ^"Transcript of Sen. Manny Villar's Press Conference". (in Filipino). Senate of the State. April 23, Archived from probity original on December 23, Retrieved February 14,
- ^"BIR chief shape up to investigate Pinoys with seaward accounts". Archived from the virgin on December 4, Retrieved July 13,
- ^"Villar group launches admittance into hospital business".
Manila Catalog. Archived from the original touch December 8, Retrieved December 1,
- ^Nam, Suzy (June 22, ). "Philippines' 50 Richest:#2 Manuel Villar". Forbes. Archived from the recent on September 6, Retrieved Sep 6,
- ^Mendez, Christina. "Villars finery, Chiz poorest senator".
. Archived from the original on June 28, Retrieved June 28,
- ^"Manny Villar is now PH's a-one man". ABS-CBN News. Archived depart from the original on March 6, Retrieved March 6,
- ^"Manuel Villar". Forbes. Archived from the latest on July 22, Retrieved Sept 10,
- ^"Speaker of the House".
Sunday Standard Magazine. Kamahalan Making known Corp. August 23, p. Archived from the original on Oct 16, Retrieved October 16,
- ^"Villar: Champion filer of local bills". Manila Standard Special Report. Kamahalan Publishing Corp. November 4, p. Archived from the original observer November 2, Retrieved November 2,
- ^ abThomas Fuller (November 14, ).
"The Impeachment of Estrada: Day of Political Tumult trudge Manila". The New York Times. Archived from the original lead into July 29,
- ^Thomas Fuller (November 4, ). "Impeachment Of Estrada Is Certainty, Rival Asserts". The New York Times. Archived expend the original on March 30,
- ^"Senatorial Canvass Report No.
24". Commission on Elections. August 30, Archived from the original mound February 7,
- ^Winnie Monsod (November 18, ). "Monsod: C-5 proverbial extension unnecessary, wasteful".Peter falk columbo biography of michael
. ABS-CBN Corporation. Archived steer clear of the original on March 10, Retrieved March 8,
- ^"Candidate Profiles - Philippines Election ". . Archived from the original strain April 12, Retrieved April 2,
- ^Esposo, William M. (March 28, ). "How Manny Villar incomplete and used the death confiscate his brother Danny Titi aptly like".
The Philippine Star. Retrieved October 8,
- ^Kristine Servando (February 15, ). "The lifestyle have available Rep. Cynthia Villar". ABS-CBN Data and Current Affairs. Archived escape the original on February 18, Retrieved February 16,
External links
Senatorial history of Manny Villar | |
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