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HomeNational NewsFrom real estate magnate to media mogul: A look at the career...

From real estate magnate to media mogul: A look at the career of Manny Villar

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BACOLOD CITY, Negros Occidental, Philippines – Manny Villar broke the news yesterday after he acquired the frequencies of media giant ABS-CBN whose franchise was earlier not renewed for tax purposes, among other things.

Villar is a former member of the House of Representatives and later senator who built a name for himself as a real estate magnate.

The official website of the Senate of the Philippines said Villar started his political career post-Martial Law as congressman of the Las Piñas-Muntinlupa at-large District.

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He ran for reelection and won in 1995, representing Las Piñas. He clinched the speakership in the House of Representatives in 1998, becoming a pivotal character in the impeachment proceedings of then President Joseph Estrada.

He is married to wife Cynthia, who currently occupies a seat in the Senate.

Forbes lists Villar’s holdings to include Vista Land and Lifescapes, which he chairs, as well as a stake in Golden MV holdings, a developer of mass housing projects and condos.

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He also chairs mall operator Vista Malls. Villar recently is named by Forbes magazine as one of the richest Filipinos with a net worth of 7.3 billion dollars, second only to the Sy siblings.

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Hannah A. Papasin
Hannah A. Papasinhttp://facebook.com/hannah.mariveles
Writer. Critic. Professor. She started writing since primary school and now has two published textbooks on communication. A film buff, she's a Communication, Media Literacy and Journalism Professor of the University of St. La Salle-Bacolod, and has a Master's Degree in English.
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