What is Manuel Villar's Net Worth?
Manuel Villar is a Filipino businessman and politician who has a net worth of $10 billion. A former Philippine Senator and the incumbent president of the Nacionalista Party, he is also active in the private sector through the publicly-listed real estate companies Vista Land & Lifescapes and Polar Property Holdings. Born Manuel Bamba Villar, Jr. on December 13, 1949 in Tondo, a poor and densely populated district of Manila, he made an incredible turn from rugs into riches. Once he graduated from the University of the Philippines, he started to work as an accountant and financial analyst before launching a highly successful business in real estate. Today, the number of homes built by Villar's companies has reached more than 200,000 units, making him one of the country's wealthiest people.
He entered politics in 1992 when he got elected Congressman the district of Las Piñas-Muntinlupa. Later on, Villar became Speaker of the House of Representatives and then he was elected Senator in 2001, as well as served as Senate President from 2006 to 2008. Manuel Villar decided to withdraw from politics in 2010 when he lost the presidential bid to Benigno Aquino III. Since, he concentrated solely on his business, making two of his children actively involved in the daily operations, while one, his younger son Mark, opted to be a congressman.
