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Roberto Ongpin

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498:(PAGCOR)." The unexpected singling out of Ongpin by President Duterte puzzled many observers, with some speculating that he might have just been a victim of the Philippines' "murky" politics. Ongpin, however, stressed that he "bears no rancor" towards Duterte, even stating that "he is my President, and I will do all I can to support him and his policies." Ongpin's decision to sell his shares in PhilWeb to former president Marcos' son-in-law, Gregorio Araneta III, lessened the political pressure on himself and the company, and allowed him to focus on his other business interests. 465:, a resort located southwest of Polillo, Quezon Province, and the City Club, an Php 8 billion multi-use commercial residential complex with three high-rise buildings, a shopping mall, and a "3-hectare leisure, entertainment and business club." The company also owns and operates Alphaland Aviation, Inc., which as of 2016, provided charter services to Balesin Island Club located in Lamon Bay, Quezon province. In September 2017, Ongpin launched Alphaland Baguio Mountain Lodges, a 300-home development in 1866:
APC filed a P150-million suit against Ongpin... for illegally appropriating for themselves corporate opportunities and business that properly belong to APC's Philcom (Philippine Global Communications Inc.) and PhilCom Interactive Systems Inc. (Philcom Interactive). APC, a company owned 49-percent by
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At the annual stockholders' meeting on May 31, 2002, the stockholders approved the change in corporate name from "PhilWeb.com, Inc." to "PhilWeb Corporation". The stockholders also approved the inclusion of the gaming business as an additional secondary purpose of the Company. The SEC approved these
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as being part of the oligarchy, which was followed by a subsequent order to halt the online gambling industry, which was the core business of Philweb. Ongpin later clarified that Philweb is "not an online gaming company," but was merely the "software providers of e-Games, which is actually owned by
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Ongpin became a Board of Trustee member of the Philippine Institute of Pure and Applied Chemistry (PIPAC) when it was established in 1973 by faculty members of Ateneo de Manila University's Department of Chemistry, which was led by Dr. Modesto T. Chua. PIPAC was established to provide professional
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During his seven years as minister, Ongpin grappled with the deteriorating economy as political instability made funding from international agencies and banks difficult for the government. On occasion, he personally had to negotiate financing for the Philippines with other world leaders, including
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in 2000 and transformed itself into an internet company, upon the stockholders' approval of a restructuring plan which involved changes in the company's name and primary purpose, among others. The stockholders would further change the company's name to PhilWeb Corporation in 2002, a move that was
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Ongpin attended school through a scholarship. After graduating high school from the Ateneo de Manila, he went on to earn a Bachelor of Science in Business Administration (cum laude) from the Ateneo de Manila University in 1957. He became a Certified Public Accountant (CPA) in 1958, after which he
319:, a businessman and philanthropist who aided Filipino revolutionaries against the Spanish and American colonial administrations in the Philippines. The Ongpins have been named as among the "most influential and enduring families of the Philippines" for their contributions to the nation's growth. 2169:
Tycoon and former Trade minister Roberto "Bobby" Ongpin passed away on Saturday, February 4, his nephew announced on Sunday. "Roberto Velayo Ongpin, chairman of Alphaland Corporation, passed away in his sleep last night in Balesin Island. He was 86 years old," Apa Ongpin said in a Facebook
351:, Ongpin was "one of the most aggressive and effective managers" he has ever known. In 1966, two years after joining the firm, Ongpin – who was barely 30 years old at that time – was named a managing partner of SGV. He served the firm from 1964 to 1979. 418:
inquiring about the whereabouts of his security detail inadvertently alerted Enrile that Marcos may have already been aware of his plans to stage a coup d'etat. This triggered Enrile's hasty break from the government, eventually leading to the
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The case stemmed from a lawsuit filed by Mario E. Ongkiko, a shareholder of Philex, who alleged that Mr. Ongpin as director and vice-chairman of Philex violated SEC rules when he supposedly used insider information to make short-swing
330:. They have two children together, Stephen Arellano Ongpin and Anna Arellano Ongpin. He also has two other children from different mothers, Michelle Schroer Ongpin, and Julian Stone Ongpin. He has three grandchildren. 2243: 306:
Ongpin was born on January 6, 1937. He was the second of seven children by Luis Roa Ongpin and Lourdes Morales Velayo. He grew up in the neighborhood of Pinaglabanan in San Juan, which was then a suburb of the
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In 2000, the Company again changed its corporate name to PhilWeb.Com, Inc., together with a change in its primary purpose to that of an Internet company. In 2002, the corporate name was changed to the present
453:. Ongpin was also the chairman of the investment holding company Atok-Big Wedge, Inc, involved in general investment, as well as mining, real estate, manufacturing, processing, lending and borrowing money. 343:
After moving back to the Philippines in 1963, Roberto V. Ongpin was recruited by his maternal uncle, Alfredo Velayo to work for "the Philippines' largest multidisciplinary professional services firm,"
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Mr Roberto Ongpin, director of Sinophil and joint deputy chairman of Dragon, said the investment was made because "Dragon's prospects are significantly undervalued, hence my share purchase today".
766: : May 26, 2016), Roberto Luis Melchor Ongpin, January 6, 1937; citing Birth, Manila, Metropolitan Manila, Philippines, Civil Registry Office, City Hall of Manila; FHL microfilm 1,511,288. 1555: 579:, a vice-chairman of AIA Capital Corporation (Hong Kong), and a non-executive director at E2-Capital Holdings Ltd (now known as CIAM Group Ltd), Forum Energy Plc UK, and Shangri-La Asia Ltd. 326:
In 1961, Ongpin earned his Masters of Business Administration from Harvard University. It was during his time in Harvard that he met and married his wife of 55 years, Monica Arellano of
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services including chemical testing, consultancy, technical training, and research and development services. He also played a role in the construction of PIPAC's own building in 1984.
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The company went through several corporate upheavals through the years until the cigar-making unit was bought by the group of former trade minister Roberto V. Ongpin in the 1990s.
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Ongpin owned 94% of the shares of Alphaland, and was chairman of Alphaland Balesin Island Club, Inc., and the City Club at Alphaland Makati Place, Inc.; the developers of the
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PIPAC condoles with the family of Former Trade and Industry Minister Roberto V. Ongpin (RVO). RVO became a PIPAC Board of Trustee member when PIPAC was established in 1973...
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exchange rate soared to Php 30 per US Dollar (versus the official rate of Php 14 per Dollar)", Ongpin was credited with stabilizing the Philippine peso by establishing the "
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In 1979, Ongpin acquired control of South Seas Oil and Mineral Exploration Co. Inc., a mining and exploration company incorporated on August 20, 1969. The company became
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Ongpin died in his sleep Saturday night, Feb. 4, in Balesin, the exclusive island resort he built as part of a wide portfolio of investments in real estate and gaming.
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In 1979, Ongpin became the Philippines' youngest Commerce and Industry minister at the age of 42 when he accepted the invitation of then Philippine President,
1818: 1879: 1656: 526:(2006), and Philippine Global Communications, Inc. (PHILCOM; through Belle Corporation). He also served as the vice chairman of Philex Mining Corporation. 2183: 298:
of the world's richest, Ongpin was named as the Philippines' twelfth wealthiest Filipino (up from sixteenth in 2017), with a net worth US$ 3.72 billion.
1290: 992: 827: 779: 1358: 2228:... Roberto V. Ongpin – fondly called "RVO" – died in his sleep last Saturday night, cradled in the arms of his beloved Balesin island... He was 86. 1732:
Alphaland is a joint venture between a fund management by London-based private equity firm Ashmore Group, and Ongpin-led RVO Capital Ventures Group.
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Ongpin was also affiliated with various foreign companies, including Acentic GmbH (until 2017), Developing Countries Investment Corporation, and
274: 129: 1805:...Connectivity Unlimited Resource Enterprise (CURE), a telecommunications company it acquired from the group of businessman Roberto Ongpin... 1461: 2279: 519: 63: 2212: 1311: 394:," a dual exchange rate system that allowed the government to narrow the rate gap by directly intervening in black market currency prices. 2304: 2269: 2029: 495: 449:
with Benito Tan Guat. As chief executive officer of Belle Corporation, Ongpin was involved in the creation of its flagship development,
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Belle Corp., from which Ongpin and his ally Jaime Gonzales were ousted from the board during its stockholders meeting last year...
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Tycoon Roberto Ongpin—founder and chairman of Philippine real estate developer Alphaland—died peacefully on Saturday at age 86.
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After the fall of the Marcos government, Ongpin pursued his own business interests. Among his first ventures was
196: 2104: 2274: 900: 414:, he noticed that his military escorts had been pulled out. Ongpin's subsequent calls to then-Defense Minister 1116: 489:
In August 2016, Ongpin resigned his post as chairman of PhilWeb Corporation, after being tagged by President
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La Flor de la Isabela passed into Filipino hands in the 1990s when it was acquired by tycoon Roberto Ongpin.
928: 344: 1046: 878: 228: 1977: 1089: 1690: 1588: 1434: 518:, (2006–2011), La Flor dela Isabela (1996), Sinophil Corporation, RVO Capital Ventures Corporation, 576: 462: 1430: 564: 420: 238: 970: 551: 515: 273:(January 6, 1937 – February 4, 2023) was a Filipino businessman who served as the Minister of 1359:"Here's How Much It Costs to Stay at Heart Evangelista's Favorite Mountain Lodge Near Baguio" 2264: 2259: 1584: 1512: 391: 1553: 1488:"New York Times – Push to Give Marcos a Philippine Hero's Burial Finds an Ally in Duterte" 403: 8: 1094: 997: 784: 558: 360: 285:
served as the Minister of Finance of the Philippines under Marcos's successor, President
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briefly joined Philippine Manufacturing Company (now Procter & Gamble Philippines).
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Philippine Institute of Pure and Applied Chemistry (PIPAC) (February 7, 2023).
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In 1984, with "the Philippines facing a debt and foreign exchange crisis, the
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In the early hours of February 22, 1986, as Ongpin was preparing to go to
2127:"Business tycoon Roberto Ongpin, one of Philippines' richest, dies at 86" 469:. The project was developed at a cost of P5 billion, and opened in 2018. 24: 1138: 572: 523: 220: 501: 2184:"Philippine Tycoon Roberto Ongpin, Founder Of Alphaland, Dies At 86" 1880:"High Court delists Ongpin, Philex share dispute from court records" 2030:"Ongpin-led firms complete purchase of stake in European tech firm" 1291:"Ongpin airline flies, luxury yacht sails past thunderstorm Digong" 1819:"Ongpin group gives up 3G business: Smart acquires smaller rival" 1465: 478: 28: 2082: 1173: 905: 849:"The Most Influential and Enduring Families of the Philippines" 737: 466: 308: 294: 192: 1261:"Ongpin's aviation firm seeks to operate domestic flights" 529:
Ongpin was also a director in the following corporations:
1462:"PhilWeb reveals 'main reason' behind Ongpin resignation" 2213:"Billionaire, former trade minister Roberto Ongpin, 86" 1768:"Tabacalera finds right blend of tradition, innovation" 1746:"Tabacalera finds right blend of tradition, innovation" 1634:"Ongpin firm sells Eastern Telecom stake to San Miguel" 1312:"Ongpin unveils luxury Benguet real estate development" 1020:"Debt crisis and adjustment, R.S. Dohner, P. Intal, Jr" 440: 1657:"A hidden historical landmark echoes Philippine cigar" 1196:"Alphaland City Club caters to urban family lifestyle" 338: 406:
for a meeting with President Marcos, U.S. Ambassador
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Secretaries of trade and industry of the Philippines
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Chairman, CEO, and Director of Alphaland Corporation
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Other local and international business affiliations
1927: 1925: 1923: 1921: 1919: 1917: 1915: 1913: 1911: 1909: 1534:"Araneta Group acquires Ongpin shares in PhilWeb" 764:https://familysearch.org/ark:/61903/1:1:QK1C-HVTY 354: 2251: 1357:Nitura, Jam; Mistal, Samantha (March 19, 2021). 524:Connectivity Unlimited Resource Enterprise, Inc. 35: and the surname or paternal family name is 2295:Ferdinand Marcos administration cabinet members 1976:. December 31, 2009. p. 19. Archived from 397: 277:(initially as Minister of Industry) during the 16:Filipino businessman and politician (1937–2023) 2157:"Tycoon and ex-Trade chief Roberto Ongpin, 86" 1967:"Microsoft Word – SMC 17A _main body_ _final_" 1906: 2052:"Ongpin group acquires 65% of German TV firm" 1961: 1959: 1957: 1955: 1953: 1793:"CURE to replace Piltel as mobile phone unit" 2027: 1850:"Ongpin files P300-M countersuit versus APC" 1743: 1685: 1683: 1681: 1513:"Manila Bulletin – Which way Mr. President?" 1356: 516:Eastern Telecommunications Philippines, Inc. 1816: 1770:. Tabacalera Incorporada. December 11, 2017 926: 901:"Roberto V. Ongpin Forbes Magazine profile" 635:"Board of Directors and Executive Officers" 496:Philippine Amusement and Gaming Corporation 301: 2050:Dela Peña, Zinnia B. (December 24, 2009). 1950: 656:"Businessman Roberto V. Ongpin dies at 86" 565:Makati Shangri-La Hotel & Resort, Inc. 76:July 23, 1979 – February 25, 1986 2049: 1720:"Shares of Ongpin-led Alphaland jump 50%" 1678: 1609: 2210: 1817:Cuevas-Miel, Likha C. (April 29, 2008). 1485: 1459: 1330: 1328: 1285: 1283: 1163: 1161: 1041: 1039: 873: 871: 869: 867: 865: 2154: 1610:Dela Peña, Zinnia B. (March 17, 2006). 929:"Ongpin: I was a technocrat, not crony" 575:. He was also a deputy chairman of the 536:Araneta Properties, Inc., (until 2009); 512:Philippine Bank of Communications, Inc. 2252: 2181: 2155:Salting, Ed Paolo (February 5, 2023). 1744:Arceo-Dumlao, Tina (August 31, 2014). 1631: 1582: 774: 772: 684: 142:June 12, 1978 – June 30, 1984 2182:Burgos, Jonathan (February 5, 2023). 2003:"PhilWeb sells stake in Acentic GmbH" 1847: 1654: 1486:Villamor, Felipe (November 5, 2016). 1460:Dela Paz, Charisse (August 7, 2016). 1325: 1280: 1253: 1218:"Alphaland City Club opens in Makati" 1158: 1036: 862: 315:province. He was a great-grandson of 2280:20th-century Filipino businesspeople 1612:"Ongpin group takes control of ETPI" 1583:Dumlao, Doris C. (January 2, 2013). 510:Ongpin was also the chairman of the 441:Belle Corporation and Atok-Big Wedge 435: 2211:Gonzales, Iris (February 6, 2023). 1047:"US sets conditions to save Marcos" 769: 339:Sycip, Gorres, Velayo & Company 13: 2305:Filipino people of Chinese descent 2270:Ateneo de Manila University alumni 662:. February 5, 2023. Archived from 595:, on February 4, 2023, at age 86. 484:Securities and Exchange Commission 14: 2321: 2237: 2028:ABS-CBN News (January 12, 2010). 1632:Alcuaz, Coco (October 20, 2011). 780:"Stories about Roberto V. Ongpin" 685:Mydans, Seth (December 8, 1987). 427:as the new Philippine President. 345:Sycip Gorres Velayo & Company 130:Ministry of Commerce and Industry 64:Minister of Commerce and Industry 347:(SGV). According to SGV founder 2204: 2175: 2148: 2119: 2097: 2070: 2043: 2021: 1995: 1872: 1841: 1810: 1785: 1760: 1737: 1712: 1648: 1625: 1603: 1576: 1547: 1526: 1505: 1479: 1453: 1423: 1397: 1376: 1350: 1304: 1232: 1210: 1188: 1131: 1109: 1082: 1061: 1012: 985: 963: 942: 927:abs-cbnNEWS.com, Judith Balea. 920: 893: 841: 820: 807:"Roberto V. Ongpin Family Tree" 430: 333: 197:Commonwealth of the Philippines 2285:Harvard Business School alumni 1848:Felix, Rocel (March 1, 2000). 1655:Sison, Norman (June 2, 2014). 799: 752: 725: 704: 678: 648: 627: 605: 355:Minister of Trade and Industry 1: 2246:. Retrieved December 4, 2011. 1338:. BizNews Asia. July 14, 2017 879:"Roberto V. Ongpin interview" 598: 533:Sinophil Corporation (1990s); 375:, Singaporean Prime Minister 1933:"Roberto Ongpin – Biography" 1795:. Philstar.com. July 3, 2009 1418:changes on November 5, 2002. 587:Ongpin died in his sleep on 456: 398:1986 People Power Revolution 7: 2009:. GMA News. January 3, 2017 1384:"Philweb Corporate History" 371:, Malaysian Prime Minister 229:Ateneo de Manila University 10: 2326: 2310:Businesspeople from Manila 2105:"Philippines richest list" 1139:"ABW profile on Bloomberg" 472: 18: 2300:Filipino company founders 1117:"Benito Tan Guat profile" 264: 256: 248: 219: 202: 179: 174: 170: 158: 146: 135: 121: 109: 97: 87: 69: 62: 58: 46: 1722:. Rappler. March 1, 2013 1691:"Dragon stake increased" 971:"Lee Kuan Yew Interview" 582: 577:South China Morning Post 542:Corporation (2010–2013); 361:Ferdinand E. Marcos, Sr. 302:Early life and education 2244:ISM COMMUNICATIONS CORP 1169:"Life in the fast lane" 712:"Filipino billionaires" 561:, Inc. (2012–2014); and 557:PAL Holdings, Inc. and 486:(SEC) later that year. 421:People Power Revolution 363:, to join his cabinet. 292:In the 2018 ranking by 1974:San Miguel Corporation 1240:"Balesin Club profile" 1090:"Ongpin on Belle Corp" 1069:"People Power Day one" 552:San Miguel Corporation 520:Tabacalera Incorporada 379:, and Iraqi President 281:. His younger brother 2275:Filipino billionaires 2058:. The Philippine Star 1856:. The Philippine Star 1663:. The Philippine Star 1585:"Ongpin leaves PBCom" 1431:"Company Information" 1407:. PhilWeb Corporation 1336:"Alphaland on a roll" 733:"Forbes richest list" 367:the Sultan of Brunei 279:Marcos administration 275:Commerce and Industry 271:Roberto Velayo Ongpin 78:Serving with 1983:on February 10, 2023 973:. September 26, 2011 828:"Ongpin Family Tree" 514:(PBCOM) until 2012, 410:, and Special Envoy 392:Binondo Central Bank 1748:. Inquirer Business 1220:. September 6, 2013 1095:The Philippine Star 1049:. February 25, 2013 998:The Philippine Star 881:. February 24, 2013 785:The Philippine Star 687:"Jaime Ongpin dies" 666:on February 6, 2023 559:Philippine Airlines 463:Balesin Island Club 123:Mambabatas Pambansa 116:Jose Concepcion Jr. 2159:. The Manila Times 2133:. February 5, 2023 1937:marketscreener.com 1890:. January 30, 2023 1697:. January 25, 1997 1492:The New York Times 1198:. January 30, 2016 691:The New York Times 546:Petron Corporation 540:Ginebra San Miguel 451:Tagaytay Highlands 239:Harvard University 165:Position abolished 1829:on August 8, 2008 1556:"Post | LinkedIn" 479:PhilWeb.Com, Inc. 447:Belle Corporation 436:Business ventures 425:Corazon C. Aquino 416:Juan Ponce Enrile 328:Valparaiso, Chile 268: 267: 27:or maternal 2317: 2231: 2230: 2225: 2223: 2208: 2202: 2201: 2196: 2194: 2179: 2173: 2172: 2166: 2164: 2152: 2146: 2145: 2140: 2138: 2123: 2117: 2116: 2114: 2112: 2107:. August 5, 2016 2101: 2095: 2094: 2092: 2090: 2078:"Roberto Ongpin" 2074: 2068: 2067: 2065: 2063: 2047: 2041: 2040: 2038: 2036: 2025: 2019: 2018: 2016: 2014: 1999: 1993: 1992: 1990: 1988: 1982: 1971: 1963: 1948: 1947: 1945: 1943: 1929: 1904: 1903: 1897: 1895: 1884:bworldonline.com 1876: 1870: 1869: 1863: 1861: 1845: 1839: 1838: 1836: 1834: 1825:. 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Index

Philippine name
middle name
family name
The Honorable
Minister of Commerce and Industry
Luis Villafuerte
Ferdinand Marcos
Vicente Paterno
Jose Concepcion Jr.
Mambabatas Pambansa
Ministry of Commerce and Industry
Manila
Commonwealth of the Philippines
Polillo, Quezon
Alma mater
Ateneo de Manila University
BS
Harvard University
Commerce and Industry
Marcos administration
Jaime
Corazon Aquino
Forbes
City of Manila
Rizal
Román T. Ongpin
Valparaiso, Chile
Sycip Gorres Velayo & Company
Washington Sycip
Ferdinand E. Marcos, Sr.

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