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Jaime Zobel de Ayala

 
Wikipedia: Jaime Zobel de Ayala

Jaime Zobel y Fitz (born 1934), also known as Jaime Zobel de Ayala, is a prominent Filipino businessman and photographer of German, Basque and Spanish descent[citation needed]. He was the last managing partner of Ayala y Compañía in 1967 when the company changed to a corporation. He served as both president and chairman of Ayala Corporation from 1983 to 2005 (succeeding his first cousin, Enrique Zobel, when he retired as president). In 2006, he retired as chairman; he is current chairman emeritus of the corporation. His eldest son, Jaime Augusto Zobel de Ayala, is chairman and chief executive officer of Ayala while his younger son, Fernando Zobel de Ayala, is president of the corporation. Honors include: Chevalier de l’Ordre des Arts et des Lettres, France, 1980; Comendador al Mérito Civil, Spain, 1968; Doctor of Laws (honoris causa), University of the Philippines, 1991; “Management Man of the Year”, Management Association of the Philippines, 1987; Senator Award, highest honor bestowed by the Jaycees, 1986; Doctor of Business Management (honoris causa) De La Salle University, Manila, 1985; FIRST Responsible Capitalism Award Winner 2004 [1].

Zobel Graduated from Harvard College in 1957 with a Bachelor of Arts in architectural sciences and attended the Advanced Management Program in the Far East conducted by the Faculty from the Harvard Graduate School of Business Administration in Baguio City, Philippines in 1963. He was Philippine ambassador to the Court of St. James's in London and the Scandinavian countries from 1970 to 1974. He is married to Beatriz Miranda Barcon Zobel de Ayala. Together they have 7 children: Jaime Augusto Zobel de Ayala, 1959, married, Elizabeth Eder;Fernando Zobel de Ayala, 1960, married, Catherine Marie Silverio; Beatriz Susana Zobel de Ayala, 1961, widow, Juan Fernandez de Araoz Urquijo (deceased);Patrisha Zobel de Ayala, 1962, married, Walter Caro H. Anderson;Cristina Zobel de Ayala, 1964, married, Ignacio Fontes Suarez de Puga;Mónica Zobel de Ayala, 1967, married, Guillermo Otañez Pla; Sofía Zobel de Ayala, 1968, married, Francisco José Roxas Elizalde.

In 2007, Jaime Zobel de Ayala tied with Henry Sy as the richest person in the Philippines with a net worth of $2.6 Billion according to Forbes magazine. Zobel de Ayala and family, however, slipped to 3rd in Forbes magazine's 2008 list of 40 wealthiest Filipinos due to 46% drop in their conglomerate Ayala Corp. shares, which were worth $800 million.[2][3][4]

The February 2008 Forbes Asia magazine’s first Heroes of Philanthropy list included four Filipinos - Jaime Zobel de Ayala, John Gokongwei, Ramon del Rosario Jr., and Oscar Lopez. The list is composed of four philanthropists each from 13 selected countries and territories in Asia.[5]

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