Manuel Villar, a name synonymous with success and service, has left an indelible mark on the Philippines as both a prominent businessman and a seasoned politician. From humble beginnings in the densely populated district of Tondo to becoming the wealthiest individual in the Philippines, his journey is nothing short of remarkable. Zatrun.com delves into the life of Manuel Villar, offering a comprehensive exploration of his early life, prosperous business ventures, and influential political career.

Manuel Villar: A Glimpse into Humble Beginnings

Manuel Villar’s story begins in the heart of Tondo, Manila, where he was born on December 13, 1949, into a modest family. His father, Manuel “Maning” Montalban Villar Sr., worked as a government inspector, while his mother, Curita “Curing” Bamba, earned a living as a seafood vendor. With eight siblings to support, the Villar family faced economic challenges.

Despite the financial hardships, Villar’s parents recognized the value of education and aspired for a brighter future for their children. They secured a loan to build a home in San Rafael Village, Navotas, ensuring better living conditions for their family.

Manuel Villar’s path to education was marked by determination and resilience. He began his schooling at Isabelo delos Reyes Elementary School in Tondo, but the need to assist his mother in selling seafood prompted him to drop out during Grade 1. To continue his education, he enrolled at Tondo Parochial School, a private institution run by priests.

Villar pursued his high school education at the Mapúa Institute of Technology and later attended the University of the Philippines Diliman. He graduated with a bachelor’s degree in business administration in 1970 and went on to earn his master’s degree in business administration in 1973. While many opt for formal schooling, Villar’s impatience with academia drove him to embark on a different journey—business.

Business Career: A Visionary in Real Estate and Beyond

After completing his formal education, Villar embarked on his professional career by working as an accountant for Sycip, Gorres, Velayo & Co. (SGV & Co). His entrepreneurial spirit soon led him to start his first business, delivering seafood in Makati. However, a financial setback from a large customer led him to explore a novel solution: selling discounted meal tickets to office workers in exchange for receivables.

Villar then transitioned to the Private Development Corporation of the Philippines as a financial analyst, where his role involved selling World Bank loans. Eager to initiate his business venture once again, he availed of one of the loans, setting the stage for a successful business trajectory.

In 1975, with an initial capital of ₱10,000, Villar ventured into delivering sand and gravel for construction companies in Las Piñas. This foray into construction eventually led to the creation of over 200,000 homes, solidifying his position as a key player in the real estate sector.

Villar’s prowess extended to water distribution as well. In the 1980s, he established Prime Water, a company focused on operating and maintaining water distribution systems throughout the Philippines. The company has undertaken numerous projects in collaboration with local water districts, emphasizing the importance of efficient water supply to households. Additionally, Villar diversified his interests by founding Golden Haven Memorial Park, a chain of cemeteries that expanded its services to include memorial chapels, crematoriums, and columbariums.

In the world of commerce, Villar’s influence extended to the stock exchange. C&P Homes, his flagship property, saw significant growth and success after being listed on the Philippine Stock Exchange. His family-owned business, Vista Land and Lifescapes Inc., also earned accolades as foreign funds invested in its stocks.

Manuel Villar’s accomplishments have not gone unnoticed. He has received several awards, including the Ten Outstanding Young Men in 1986, the Agora Award for Marketing Management in 1989, and Most Outstanding CPA by the Institute of Certified Public Accountants in 1990. In 2004, he was recognized as the Most Distinguished Alumnus by the University of the Philippines Alumni Association.

Zatrun.com has explored Manuel Villar’s extraordinary journey, from his formative years in Tondo to his incredible success in the business world. His dedication, resilience, and visionary leadership have made him a prominent figure in the Philippines, impacting both the economy and society. As the business magnate’s net worth continues to rise, his legacy is sure to endure, shaping the nation’s future.

Political Career: Bridging Success in Business with Politics

Manuel Villar’s contribution to the Philippines extends beyond the realm of business. He transitioned into politics, becoming a representative of Las Piñas-Muntinlupa’s at-large district in 1992. His youth and enthusiasm marked him as one of the youngest members of the House of Representatives.

Villar’s career in congress began with a flurry of legislative activity, as he filed numerous House bills, demonstrating his commitment to public service. He later represented the district of Las Piñas due to congressional redistricting.

In 1998, Manuel Villar assumed the role of Speaker of the House of Representatives, presiding over critical moments in Philippine politics, including the impeachment of President Joseph Estrada. His leadership was marked by a dedication to the democratic process.

Villar’s political journey continued with his election to the Senate in 2001, running as an independent candidate aligned with the People Power Coalition. He was reelected in 2007 as a member of the Genuine Opposition coalition.

In a historic turn of events, Manuel Villar assumed the position of Senate president in July 2006, becoming the first public official post-World War II to head both the House of Representatives and the Senate. His commitment to public service and legislative leadership earned him this distinguished role.

However, political challenges arose in 2008 when issues regarding a road extension in C5 led to a loss of support. In response, Villar resigned as the president of the Senate, paving the way for an inquiry into the project.

2010 Presidential Campaign: A Bid for the Highest Office

Manuel Villar’s political career reached its zenith with his candidacy in the 2010 presidential election, representing the Nacionalista Party, with Senator Loren Legarda as his running mate. During the campaign, there were claims of misinformation in his television commercials.

However, Villar addressed these concerns, clarifying the circumstances of his family’s financial situation and his brother’s admission to FEU Hospital. Ultimately, Manuel Villar’s bid for the presidency did not result in victory, and he placed third in the election with 5,573,835 votes.

Zatrun.com has uncovered the multifaceted journey of Manuel Villar, from his entrepreneurial success to his influential role in Philippine politics. His determination, leadership, and unwavering commitment to the betterment of his country have made him a noteworthy figure in both the business and political landscapes. As his net worth continues to rise, his legacy in the Philippines remains significant, leaving an indelible mark on the nation’s future.