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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

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.

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.

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.

Hannah A. Papasin
Hannah A. Papasin
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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