Roberto 'Bobby' Ongpin dies in his sleep on February 4 in Balesin island, his nephew Apa Ongpin says.
Ongpin was the chairman of two listed firms – PhilWeb Corporation and Atok Big Wedge Incorporated. In 2022, [Forbes Magazine](https://www.forbes.com/profile/roberto-ongpin/?sh=2db365806ea2) named Ongpin as the 23rd richest Filipino with a net worth of $830 million (P44.5 billion). In 2016, then President Rodrigo Duterte singled him out as an example of the oligarchs his administration wanted to do away with. Because of his position, he was tagged as a Marcos “crony.” His remains will be brought to Manila,” he added. During the administration of the late dictator Ferdinand Marcos Sr., Ongpin served as the minister of Commerce and Industry, now the Department of Trade and Industry.
Business tycoon Roberto Velayo Ongpin died on Saturday, Jan. 4, 2023 at the age of 86. "Roberto V. Ongpin passed away in his sleep last night in Balesin ...
His remains will be brought to Manila and there are no wake details as of yet," his nephew Apa Ongpin said in a message. Ongpin passed away in his sleep last night in Balesin Island, Quezon. He was 86 years old (born in Jan.
MANILA — Business tycoon Roberto Ongpin has passed away, his nephew Apa confirmed on Sunday. He was 86. Ongpin died in his sleep in Balesin, ...
"All of the entire time I was in the Cabinet was very difficult. Because of his role in the Marcos Sr. In 2015, it was the venue of the much-talked-about wedding of actress Heart Evangelista and Sen. I was under attack from a lot of sectors, principally his cronies. Ongpin died in his sleep Saturday night, Feb. Within showbiz circles, he was known as the owner of Balesin, whose sections mimicked other international destinations such as Mykonos, St.
Filipino business tycoon Roberto Ongpin passed away on Saturday night at the age of 86, his family confirmed Sunday.
—LBG/KG, GMA Integrated News Filipino business tycoon Roberto Ongpin passed away on Saturday night at the age of 86, his family confirmed Sunday. Business tycoon Roberto Ongpin dies at 86
Bilyonaryo Roberto V. Ongpin, who served as trade minister under the late former President Ferdinand E. Marcos Sr., died in his sleep Saturday (February 4) ...
Billionaire Roberto "Bobby" Ongpin died Saturday night on exclusive Balesin Island off the coast of Polillo, Quezon, according to reports quoting his family ...
during the People Power Revolution. He was minister of commerce and industry from 1979 to 1986 before concentrating on his businesses after the ouster of Ferdinand Marcos Sr. Billionaire Roberto "Bobby" Ongpin died Saturday night on exclusive Balesin Island off the coast of Polillo, Quezon, according to reports quoting his family.
Ongpin, 86, was chair of high-end property developer Alphaland, which built Balesin Island Club.
He had come under fire from then President Rodrigo Duterte as among the "oligarchs" that he said had to be destroyed, a development that he described as being "struck by lightning." during the People Power Revolution. He was minister of commerce and industry from 1979 to 1986 before concentrating on his businesses after the ouster of Ferdinand Marcos Sr.
Roberto V. Ongpin — the accounting firm head who was drafted to serve as one of the most powerful government ministers during the Philippines' worst ...
He said then that he was leaving explicit instructions that this book be published only after his death. In its 2023 ranking of the country’s wealthiest individuals, Forbes Magazine listed Ongpin as the 23rd richest in the country with an estimated net worth of $830 million, after having peaked at $1.7 billion three years prior. As Marcos’ top technocrat, Ongpin said one of the key roles he played behind closed doors was to block self-serving policy recommendations from Marcos cronies which he felt would be detrimental to the Philippine economy. Ongpin’s final hurdle came in 2016 when then President Rodrigo Duterte unleashed a tirade against the businessman, labeling him an “oligarch”, which resulted his gaming firm Philweb Corp. Even his right hand man in the Binondo central bank, businessman Willy Ocier — who later became a business rival — told the Inquirer that Ongpin never profited from the foreign exchange operations. After demurring a couple of times, saying he was too young and inexperienced, Ongpin accepted Mr.
In a Facebook post by Apa Ongpin earlier today, he shared the news that his uncle, Roberto Velayo Ongpin had passed away in his sleep last night, Feb. 4, in ...
He has been expanding to the neighboring island of Patnanungan, which he planned to formally open this year.” This is a personal announcement, not the family’s official announcement, which will be made when wake details have been decided,” he started. He was the chairman of Alphaland Corporation.
Former Minister of Trade and Industry Roberto Velayo Ongpin or RVO, listed by Forbes as one of the Philippines' richest billionaires, has passed away on Feb ...
The brothers had attended both Ateneo and Harvard on scholarship from anonymous donors,” noted Apa. Roberto Ongpin is the great grandson of Roman T. 4, 2023 at the age of 86.
Tycoon, former trade minister, Harvard-trained businessman, empire builder and deal maker extraordinaire Roberto V. Ongpin – fondly called “RVO” – died in ...
During the time of (Fidel) Ramos, he was a hanger on as well as during the time of Gloria (Arroyo) and P-Noy (Benigno Aquino III). So every day this was the buying rate and this was the selling rate,” Ongpin said. He was influential during the time of (Ferdinand) Marcos (Sr.), trade minister, I think. and culminating in Alphaland Corp., where he built his crown jewel, Alphaland Balesin Island Club, according to his nephew Rafael “Apa” Ongpin. “He never retired and remained sharp and undiminished by age… The Philippine National Police eventually cleared Julian of any involvement in the incident. Ongpin – fondly called “RVO” – died in his sleep last Saturday night, cradled in the arms of his beloved Balesin island, the world-class paradise he built in Quezon. The other ... I have known her since she was 18,” Ongpin said. handpicked by Marcos to join his Cabinet after a successful stint as managing partner of Sycip Gorres & Velayo, which he led to become Asia’s largest accounting firm. So the only logical solution then was fear and intimidation... He was 86.
(UPDATE) Tycoon and former Trade minister Roberto "Bobby" Ongpin passed away on Saturday, February 4, his nephew announced on Sunday. "Roberto Velayo Ongpin ...
He helmed what was then known as the Minister of Commerce and Industry from 1979 to 1986. He was 86 years old," Apa Ongpin said in Facebook post. Marcos, father of current President Ferdinand Marcos Jr.
According to reports, Roberto "Bobby" Ongpin passed away in his sleep while at Balesin Island Club, the private island resort he founded.
In 2016, he stepped down from his position as chairman and director of PhilWeb, the online gambling company that he had established. The SEC imposed a fine of P174 million on Ongpin and prohibited him from holding any positions in publicly-listed companies. [alphaland.com.ph](https://alphaland.com.ph/board-of-directors/), Ongpin was the chairman of Atok-Big Wedge Company, Inc. Despite his success in various industries, Ongpin had his fair share of controversies and challenges. Within showbiz circles, he was known as the chairman of Alphaland Balesin Island Club, Inc. Ongpin was also the former Director of San Miguel Corporation (SMC), PAL Holdings, Inc. In 1989, Ongpin and former fellow Binondo Central Bank veteran Benito Tan Guat transformed the mining company Belle Mining and Oil Exploration, Incorporated (Belle Resources) into a high-end property developer with the Tagaytay Highlands among its major projects. Two years later, he was appointed as the managing partner of SGV, becoming the youngest ever to hold this position. Ongpin served in the position until 1979, after then-President Ferdinand Marcos Sr. Born on January 6, 1937, Ongpin grew up in a family of entrepreneurs. He said, "That was what my role was. (SGV and Co.).