Manny Villar
Overview
 
Manuel "Manny" Bamba Villar, Jr. (born December 13, 1949) is a Filipino
Filipino people
The Filipino people or Filipinos are an Austronesian ethnic group native to the islands of the Philippines. There are about 92 million Filipinos in the Philippines, and about 11 million living outside the Philippines ....

 businessman and politician. He is currently a Philippine Senator
Senate of the Philippines
The Senate of the Philippines is the upper chamber of the bicameral legislature of the Philippines, the Congress of the Philippines...

, president of the Nacionalista Party
Nacionalista Party
The Nacionalista Party is the oldest political party in the Philippines today and was responsible for leading the country throughout the majority of the 20th century since its founding in 1907...



Villar was born to a poor family in Tondo
Tondo, Manila
Tondo is a district of Manila, Philippines. The locale has existed prior to the arrival of the Spanish, referred to as "Tundun" in the Laguna Copperplate Inscription. One of the most densely populated areas of land in the world, Tondo is located in the northwest portion of the city and is primarily...

, an impoverished and densely populated district of Manila
Manila
Manila is the capital of the Philippines. It is one of the sixteen cities forming Metro Manila.Manila is located on the eastern shores of Manila Bay and is bordered by Navotas and Caloocan to the north, Quezon City to the northeast, San Juan and Mandaluyong to the east, Makati on the southeast,...

. After graduating from the University of the Philippines
University of the Philippines
The ' is the national university of the Philippines. Founded in 1908 through Act No...

, he worked as an accountant and financial analyst, then launched a highly successful business in real estate. The number of homes built by Villar's companies has totaled to over 200,000 units, and his business career made him one of the country's wealthiest persons.

Villar entered politics in 1992 when he was elected Congressman
House of Representatives of the Philippines
The House of Representatives of the Philippines is the lower chamber of the...

 representing the district of Las Piñas-Muntinlupa, and later became Speaker of the House of Representatives
Speaker of the Philippine House of Representatives
The Speaker of the House of Representatives of the Philippines is the presiding officer of the lower house of Congress, the House of Representatives....

.
Encyclopedia
Manuel "Manny" Bamba Villar, Jr. (born December 13, 1949) is a Filipino
Filipino people
The Filipino people or Filipinos are an Austronesian ethnic group native to the islands of the Philippines. There are about 92 million Filipinos in the Philippines, and about 11 million living outside the Philippines ....

 businessman and politician. He is currently a Philippine Senator
Senate of the Philippines
The Senate of the Philippines is the upper chamber of the bicameral legislature of the Philippines, the Congress of the Philippines...

, president of the Nacionalista Party
Nacionalista Party
The Nacionalista Party is the oldest political party in the Philippines today and was responsible for leading the country throughout the majority of the 20th century since its founding in 1907...



Villar was born to a poor family in Tondo
Tondo, Manila
Tondo is a district of Manila, Philippines. The locale has existed prior to the arrival of the Spanish, referred to as "Tundun" in the Laguna Copperplate Inscription. One of the most densely populated areas of land in the world, Tondo is located in the northwest portion of the city and is primarily...

, an impoverished and densely populated district of Manila
Manila
Manila is the capital of the Philippines. It is one of the sixteen cities forming Metro Manila.Manila is located on the eastern shores of Manila Bay and is bordered by Navotas and Caloocan to the north, Quezon City to the northeast, San Juan and Mandaluyong to the east, Makati on the southeast,...

. After graduating from the University of the Philippines
University of the Philippines
The ' is the national university of the Philippines. Founded in 1908 through Act No...

, he worked as an accountant and financial analyst, then launched a highly successful business in real estate. The number of homes built by Villar's companies has totaled to over 200,000 units, and his business career made him one of the country's wealthiest persons.

Villar entered politics in 1992 when he was elected Congressman
House of Representatives of the Philippines
The House of Representatives of the Philippines is the lower chamber of the...

 representing the district of Las Piñas-Muntinlupa, and later became Speaker of the House of Representatives
Speaker of the Philippine House of Representatives
The Speaker of the House of Representatives of the Philippines is the presiding officer of the lower house of Congress, the House of Representatives....

. As Speaker, he presided over the impeachment of President Joseph Estrada
Joseph Estrada
Joseph "Erap" Ejercito Estrada was the 13th President of the Philippines, serving from 1998 until 2001. Estrada was the first person in the Post-EDSA era to be elected both to the presidency and vice-presidency.Estrada gained popularity as a film actor, playing the lead role in over 100 films in...

 by the House of Representatives in 2000. In 2001 he was elected Senator
Senate of the Philippines
The Senate of the Philippines is the upper chamber of the bicameral legislature of the Philippines, the Congress of the Philippines...

, and served as Senate President
President of the Senate of the Philippines
The President of the Senate of the Philippines, or more popularly known as the Senate President, is the presiding officer and the highest ranking-official of the Senate of the Philippines. He/she is elected by the entire body to be their leader...

 from 2006 to 2008. He was the candidate of the Nacionalista Party in the 2010 presidential election
Philippine presidential election, 2010
-Timeline:The COMELEC-mandated election period for this election was from January 10 to June 9, 2010.-2008:*August 26 - Then Metro Manila Development Authority Chairman Bayani Fernando announces bid for presidency....

, which was won by Benigno Aquino III
Benigno Aquino III
Benigno Simeon Cojuangco Aquino III , also known as Noynoy Aquino or PNoy, is a Filipino politician who has been the 15th and current President of the Philippines since June 2010....

.

Early life and education

Manuel Bamba Villar, Jr. was born on December 13, 1949 in Tondo
Tondo, Manila
Tondo is a district of Manila, Philippines. The locale has existed prior to the arrival of the Spanish, referred to as "Tundun" in the Laguna Copperplate Inscription. One of the most densely populated areas of land in the world, Tondo is located in the northwest portion of the city and is primarily...

, an impoverished and densely populated district of Manila
Manila
Manila is the capital of the Philippines. It is one of the sixteen cities forming Metro Manila.Manila is located on the eastern shores of Manila Bay and is bordered by Navotas and Caloocan to the north, Quezon City to the northeast, San Juan and Mandaluyong to the east, Makati on the southeast,...

. He was the second-born of the nine children of his parents in a poor family. His father, Manuel "Maning" Montalban Villar, Sr., was a government employee from Cabatuan, Iloilo
Cabatuan, Iloilo
Cabatuan is a 3rd class municipality in the province of Iloilo, Philippines. According to the 2007 census by the National Statistics Office of the Philippines, it has a population of 50,861 people. It is described as a cultural and religious town in the heart of Panay Island and is about 24...

 who worked as an inspector for the Bureau of Fisheries. His mother, Curita "Curing" Bamba, was a seafood vendor from a poor family in Orani, Bataan
Orani, Bataan
Orani is a 1st class municipality in the province of Bataan, Philippines. According to the latest census, it has a population of 59,530 people in 10,810 households.-Barangays:Orani is politically subdivided into 33 barangays.-External links:*****...

. The family lived in a small rented apartment in a run down slum area. Villar's father was eventually granted a year-long scholarship for higher education in the United States
United States
The United States of America is a federal constitutional republic comprising fifty states and a federal district...

, which lead to a job promotion to a director position in the Department of Agriculture and Natural Resources
Department of Agriculture (Philippines)
The Philippines' Department of Agriculture , abbreviated as DA, is the executive department of the Philippine government responsible for boosting the income of farmers as well as reducing the incidence of poverty in the rural sector, as stipulated inthe Government's Medium Term Philippine...

 upon his return. Due to cramped conditions in Tondo, Villar's father obtained a P16,000 loan from the Government Service Insurance System
Government Service Insurance System (Philippines)
The Government Service Insurance System is a government-owned and -controlled corporation in the Republic of the Philippines. Created by Commonwealth Act No...

, payable in 20 to 25 years, to build a home in San Rafael Village, Navotas.

As a child, Villar initially attended Isabelo delos Reyes Elementary School, a nearby public school in Tondo. He also assisted his mother in selling shrimp and fish at the Divisoria Public Market, as early as age six, in order to help earn the money to support his siblings and himself to school. However, accompanying his mother interfered with his education and he was forced to drop out from school during Grade 1. He was then enrolled at Tondo Parochial School
Holy Child Catholic School
Holy Child Catholic School is located at Plaza Hernandez in Tondo, Manila, the Philippines. It sits beside the Sto. Nino Church.-History:During the Liberation Period immediately following World War II, Rt. Msgr. Jose N. Jovellanos, together with four Jesuit priests, founded the Tondo Parochial...

 (later renamed Holy Child Catholic School), a private school in Tondo run by priests, to complete his elementary education.

Villar finished his high school education at the Mapúa Institute of Technology
Mapúa Institute of Technology
Mapúa Institute of Technology is a private, non-sectarian, Filipino tertiary institute located in Intramuros, Manila and in Makati....

 in Intramuros
Intramuros
Intramuros is the oldest district in the present day city of Manila, the capital of the Republic of the Philippines. Nicknamed the "Walled City", Intramuros is the historic fortified city of Manila, the seat ot the government during the Spanish Colonial Period. Its name in Latin, intramuros,...

. He attended the University of the Philippines - Diliman and earned his bachelor's degree
Bachelor's degree
A bachelor's degree is usually an academic degree awarded for an undergraduate course or major that generally lasts for three or four years, but can range anywhere from two to six years depending on the region of the world...

 in business administration in 1970. He returned to the same school to earn his master's degree
Master's degree
A master's is an academic degree granted to individuals who have undergone study demonstrating a mastery or high-order overview of a specific field of study or area of professional practice...

 in business administration in 1973. He later characterized himself as being impatient with formal schooling, and eager to start working and go into business.

Business career

After obtaining his bachelor's degree, Villar began his professional career working as an accountant for Sycip, Gorres, Velayo & Co.
Sycip, Gorres, Velayo & Co.
SyCip Gorres Velayo & Co. is the Philippines' largest multidisciplinary professional services firm with eight offices across the country...

 (SGV & Co), the country's largest accounting firm. He resigned from SGV & Co. to start his first business, delivering seafood in Makati. However, when his largest customer was unable to pay him, he negotiated a debt restructuring of sorts, selling discounted meal tickets to office workers in exchange for receivables. He then worked briefly as a financial analyst for the Private Development Corporation of the Philippines, where his job was to sell World Bank
World Bank
The World Bank is an international financial institution that provides loans to developing countries for capital programmes.The World Bank's official goal is the reduction of poverty...

 loans. Wanting to start a business of his own again, he quit his job and availed of one of the loans, which offered attractive rates.

In 1975, with an initial capital of P10,000, Villar purchased two reconditioned trucks and started a business delivering sand and gravel for construction companies in Las Piñas. This eventually segued into building houses, as Villar took out a seven-year loan from a rural bank offering low interest rates, and began what would become the country's largest home building company, with an emphasis on low-priced mass housing. A notable innovation of Villar's companies was to sell house and lot packages, when the common practice at the time was to sell lots for future homeonwers to build upon. He initiated mass housing projects through economies of scale, utilizing the cost advantages of developing a large scale project in order to bring down housing prices. The number of homes built by Villar's companies totaled to over 200,000 units.

In July 1995, Villar's flagship property, C&P Homes, was listed on the Philippine Stock Exchange
Philippine Stock Exchange
The Philippine Stock Exchange is the national stock exchange of the Philippines. It is one of the oldest stock exchanges in Southeast Asia, having been in continuous operation since its inception in 1927...

 and grew by more than a third in one day, ballooning Villar's 80% stake in the company to $1.5 billion. Villar had concentrated on low-cost housings which were bought by the home buyers themselves, giving opportunities for the low and middle income Filipino families to acquire homes. He also wanted to set an example to Filipino entrepreneurs that what they set their mind on can be achieved.

Vista Land and Lifescapes, Inc. , a family owned business of Villar , is also listed in the privately owned Philippine Stock Exchange. Their shares of stocks were bought primarily by foreign funds which had given the government, as well as the PSE, good revenues.

Villar has received several awards for his achievements during his profesional and business career, including being one of the Ten Outstanding Young Men in 1986, the Agora Award for Marketing Management in 1989, Most Outstanding CPA by the Institute of Certified Public Accountants in 1990, and Most Outstanding UP Alumnus in 1991. In 2004, he was named the Most Distinguished Alumnus, the highest recognition given by the University of the Philippines Alumni Association.

As of 2011, Forbes
Forbes
Forbes is an American publishing and media company. Its flagship publication, the Forbes magazine, is published biweekly. Its primary competitors in the national business magazine category are Fortune, which is also published biweekly, and Business Week...

 magazine ranks him as the 17th wealthiest person in the Philippines, with his net worth of US$620 million or ₱ 26.95 billion (43.47 exchange rate).

House of Representatives

Villar entered politics in 1992 when he was elected to the House of Representatives
House of Representatives of the Philippines
The House of Representatives of the Philippines is the lower chamber of the...

, representing the district of Las Piñas-Muntinlupa. Due to congressional redistricting, he later represented the district of Las Piñas City. He served for three consecutive three-year terms, consistently posting landslide election victories.

Villar was chosen Speaker of the House of Representatives in 1998, during his third term in congress. As speaker, he presided over the impeachment of President Joseph Estrada
Joseph Estrada
Joseph "Erap" Ejercito Estrada was the 13th President of the Philippines, serving from 1998 until 2001. Estrada was the first person in the Post-EDSA era to be elected both to the presidency and vice-presidency.Estrada gained popularity as a film actor, playing the lead role in over 100 films in...

 over corruption allegations in November 2000. Along with a large group of lawmakers which include the Senate President, Villar defected from Estrada's Laban ng Makabayang Masang Pilipino
Laban ng Makabayang Masang Pilipino
Laban ng Makabayang Masang Pilipino was the umbrella political coalition party of the opposition during the 1998 Philippine Presidential Elections that led to the presidency of then Vice President Joseph Estrada...

 (LAMMP) coalition in order to hasten the process of impeachment. Seconds after the opening prayer, and skipping the traditional roll call, he immediately read a resolution sending the impeachment case to the Senate for trial, bypassing a full vote and ignoring attempts by Estrada allies to delay the proceedings.

Hours after the impeachment proceedings, congressmen allied with the president led a move to oust Villar from his post as speaker, replacing him with Camarines Sur
Camarines Sur
Camarines Sur is a province of the Philippines located in the Bicol Region in Luzon. Its capital is Pili and the province borders Camarines Norte and Quezon to the north, and Albay to the south...

 representative Arnulfo Fuentebella
Arnulfo Fuentebella
Arnulfo P. Fuentabella was the Speaker of the Philippine House of Representatives from 2000 to 2001. He is now a representative of Camarines Sur.-Speakership:...

, an ally of President Estrada.

In 2001, barred by constitutional term limits from seeking re-election to a fourth term in the House of Representatives, Villar was succeeded by his wife, Cynthia Villar
Cynthia Villar
Cynthia Aguilar Villar is a Filipino politician who is the member of the House of Representatives for the Lone District of Las Piñas City. She is the sister of Las Piñas mayor Vergel Aguilar and the wife of Senator Manny Villar...

.

Senate

Villar ran for Senator
Senate of the Philippines
The Senate of the Philippines is the upper chamber of the bicameral legislature of the Philippines, the Congress of the Philippines...

 in the 2001 election. Having recently resigned from Estrada's LAMMP coalition, he ran for Senator as an independent
Independent (politician)
In politics, an independent or non-party politician is an individual not affiliated to any political party. Independents may hold a centrist viewpoint between those of major political parties, a viewpoint more extreme than any major party, or they may have a viewpoint based on issues that they do...

 politician, but campaigned as a member of the People Power Coalition
People Power Coalition
People Power Coalition ' was the Philippine administration's coalition party in the May 14, 2001 midterm Legislative elections. The coalition was created after the EDSA Revolution of 2001 that ousted Joseph Estrada from the presidency on January 20...

, the administration coalition party which was supportive of the recent 2001 EDSA Revolution. He was elected to the Senate with more than 11 million votes, ranking seventh out of 37 candidates. He later won re-election in 2007, running as a member of the Genuine Opposition
Genuine Opposition
Genuine Opposition is the umbrella political coalition of the parties' senatorial line-up for the 2007 Philippine midterm elections, which is in opposition to President Gloria Macapagal-Arroyo...

 coalition, ranking fourth out of 37 candidates.

In July 2006, Villar was chosen Senate President
President of the Senate of the Philippines
The President of the Senate of the Philippines, or more popularly known as the Senate President, is the presiding officer and the highest ranking-official of the Senate of the Philippines. He/she is elected by the entire body to be their leader...

, making him the first post-World War II
World War II
World War II, or the Second World War , was a global conflict lasting from 1939 to 1945, involving most of the world's nations—including all of the great powers—eventually forming two opposing military alliances: the Allies and the Axis...

 public official to head both the House of Representatives and the Senate. He had previously held the position of Senate President pro tempore
President pro tempore of the Senate of the Philippines
The President Pro-Tempore of the Senate of the Philippines is the second highest-ranking official of the Senate of the Philippines. During the absence of the Senate President, the Senate President pro tempore presides over the Senate....

, as well as the chairmanship of the Committees on Finance, Foreign Relations, Public Order, and Committee on Agriculture and Fisheries.

In November 2008, Villar lost the support of the Senate majority, due to fabricated accusations thrown on him by political enemies on the C5 project. He then resigned as President of the Senate and was succeeded by Juan Ponce Enrile
Juan Ponce Enrile
Juan Ponce Enrile is a Filipino politician. As a protege of President Ferdinand Marcos, he served as Justice Secretary and then Defense Secretary under the Marcos regime. He later became one of the leaders of the 1986 People Power Movement that drove Marcos from power...

 who later on investigated Villar for C5 scam.

2010 presidential campaign

Villar was a candidate for President of the Philippines
President of the Philippines
The President of the Philippines is the head of state and head of government of the Philippines. The president leads the executive branch of the Philippine government and is the commander-in-chief of the Armed Forces of the Philippines...

 in the May 2010 presidential election
Philippine presidential election, 2010
-Timeline:The COMELEC-mandated election period for this election was from January 10 to June 9, 2010.-2008:*August 26 - Then Metro Manila Development Authority Chairman Bayani Fernando announces bid for presidency....

, as the standard bearer of the Nacionalista Party
Nacionalista Party
The Nacionalista Party is the oldest political party in the Philippines today and was responsible for leading the country throughout the majority of the 20th century since its founding in 1907...

. He filed his certificate of candidacy for president on November 30, 2009, along with his running mate, Senator Loren Legarda
Loren Legarda
Loren Legarda is a Filipino broadcast journalist, environmentalist, and politician of Visayan ancestry, notable as the only female to top two senatorial elections . During the 2004 Philippine general election, she ran for the position of Vice-President as an Independent with Fernando Poe, Jr...

. His popular campaign line was "Sipag at Tyaga" (Hardwork and Patience). Villar's campaign platform includes combating poverty and corruption, two major problems between which he believes there is a strong link.

According to a January 2010 survey by polling firm Pulse Asia
Pulse Asia
Pulse Asia, Inc. is a public opinion polling body in the Philippines. It was launched by professional academics recognized as experts in their respective fields of study. It monitors salient socio-economic, political and cultural issues in the minds of the Filipino public.-Profile:According to its...

 and the February 2010 survey from Social Weather Stations
Social Weather Stations
The Social Weather Stations or SWS is a public opinion polling body in the Philippines. It is a private, independent, non-partisan, non-profit scientific institute in the Philippines which conducts social surveys and does survey-based social science research and other educational activities, using...

, Villar was statistically tied in the lead with his main rival in the election, Senator Benigno Aquino III
Benigno Aquino III
Benigno Simeon Cojuangco Aquino III , also known as Noynoy Aquino or PNoy, is a Filipino politician who has been the 15th and current President of the Philippines since June 2010....

. In a March survey rival Aquino had regained a significant nine-point lead. Other significant rivals in the presidential race included former President Joseph Estrada
Joseph Estrada
Joseph "Erap" Ejercito Estrada was the 13th President of the Philippines, serving from 1998 until 2001. Estrada was the first person in the Post-EDSA era to be elected both to the presidency and vice-presidency.Estrada gained popularity as a film actor, playing the lead role in over 100 films in...

 and former Defense Secretary Gilbert Teodoro.

During the presidential campaign, opinion columnist William Esposo claimed that Villar has lied in his TV ads and could not have been poor because his younger brother Danny was admitted to FEU Hospital
Far Eastern University
Far Eastern University in the University Belt area, West Sampaloc, City of Manila, is a nonsectarian, private university in the Philippines. Created by the merger of Far Eastern College and the Institute of Accounts, Business and Finance, FEU became a university in 1934 under the guidance of...

, which he claims was a top hospital at the time and in 1962, there was no bone marrow transplantation and chemotherapy yet and everyone whether rich or poor died from contracting leukemia
Leukemia
Leukemia or leukaemia is a type of cancer of the blood or bone marrow characterized by an abnormal increase of immature white blood cells called "blasts". Leukemia is a broad term covering a spectrum of diseases...

. Villar clarified that his brother was admitted as a charity patient, because the family was unable to afford treatment.Any family member, who is on the verge of death, will definitely be bought to the nearest possible hospital to try and save him, regardless of their status in life.

Villar placed third in the election, behind Senator Noynoy Aquino and former President Joseph Estrada
Joseph Estrada
Joseph "Erap" Ejercito Estrada was the 13th President of the Philippines, serving from 1998 until 2001. Estrada was the first person in the Post-EDSA era to be elected both to the presidency and vice-presidency.Estrada gained popularity as a film actor, playing the lead role in over 100 films in...

. On May 11, 2010, a day after the election, Villar was among the first to concede to Aquino.

Personal life

In his third year of college at the University of the Philippines, Villar became friends with Cynthia Aguilar
Cynthia Villar
Cynthia Aguilar Villar is a Filipino politician who is the member of the House of Representatives for the Lone District of Las Piñas City. She is the sister of Las Piñas mayor Vergel Aguilar and the wife of Senator Manny Villar...

, his classmate in the UP College of Business Administration. Her father was then mayor of Las Piñas City
Las Piñas City
The City of Las Piñas is a city in the National Capital Region of the Philippines...

. They married at the age of 25. They have three children, Manuel Paolo III (born c. 1977), Mark (born c. 1978), and Camille Linda (born c. 1985). Villar's two sons studied at the Wharton School of the University of Pennsylvania
Wharton School of the University of Pennsylvania
The Wharton School is the business school of the University of Pennsylvania, an Ivy League university in Philadelphia, Pennsylvania. Wharton was the world’s first collegiate business school and the first business school in the United States...

 for their college education, while Camille attended Ateneo de Manila University
Ateneo de Manila University
The Ateneo de Manila University is a private teaching and research university run by the Society of Jesus in the Philippines. It began in 1859 when the City of Manila handed control of the Escuela Municipal de Manila in Intramuros, Manila, to the Jesuits...

. All three children graduated with degrees in finance or business management.

Villar lives in a two-bedroom house with his family in Las Piñas City. In early 2010, a political smear was disseminated on the Internet, claiming falsely that Villar owned an extravagant mansion in the United States
United States
The United States of America is a federal constitutional republic comprising fifty states and a federal district...

, which was debunked by Snopes.com.

External links

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