Net Worth 2020 $ 7.3 Billion
Villar was born to a middle class family in Tondo, an impoverished and densely populated district of Manila.After graduating from the University of the Philippines, he worked as an accountant and financial analyst, then launched a highly successful business in real estate. Villar’s companies have built over 200,000 homes, and his business career made him the wealthiest person in the Philippines.
Villar entered politics in 1992 when he was elected congressman representing the district of Las Piñas-Muntinlupa, and later became Speaker of the House of Representatives. As Speaker, he presided over the impeachment of President Joseph Estrada by the House of Representatives in 2000. In 2001 he was elected Senator, and served as Senate President from 2006 to 2008. He was the candidate of the Nacionalista Party in the 2010 presidential election, which was won by Benigno Aquino III.