News Conduct
    Facebook Twitter Instagram
    News Conduct
    • News
    • Entertainment
    • Tech
    • Featured
    • Games
    • Business
    News Conduct
    News

    Roberto Ongpin Philippine Tycoon and Founder Of Alphaland Dies at Age 86

    Cynthia J. BeckBy Cynthia J. BeckFebruary 6, 2023Updated:February 7, 2023No Comments2 Mins Read
    Roberto Ongpin Dies
    Roberto Ongpin Dies
    Share
    Facebook Twitter LinkedIn Pinterest Email

    Roberto Ongpin, who started and led the Philippine real estate company Alphaland, died peacefully on Saturday at the age of 86.

    His nephew Rafael Ongpin claimed on Facebook that Ongpin passed away peacefully in his sleep at his resort on Balesin Island.

    The tycoon’s vast real estate business includes a private, members-only tropical island that spans 500 hectares and is located about 115 kilometers east of Manila.

    His wife, Monica Arellano, and his children Stephen, Anna, Michelle, and Julian, as well as four grandkids, all predeceased him.

    Anna, a graduate of Wellesley College in the United States, has been serving as Alphaland’s vice chair since 2020.

    We’ve also written about the deaths of other famous people, which you can read about below if you’re interested:

    • John Moeti Former South Africa Midfielder Died at Age 55.
    • Lisa Loring Cause Of Death: Original Wednesday Addams Actress Dies At 64.

    After a difficult separation from U.K. investment business Ashmore in 2014, Ongpin, who served as trade minister under the late Philippine president Ferdinand Marcos Sr., gained control of Alphaland by delisting it from the Philippine Stock Exchange.

    Alphaland has built many upscale office and residential complexes in Makati’s core business district and a mountain resort in Baguio, roughly 240 kilometers north of Manila.

    The business is also developing Balesin Gateway, a resort on Patnanungan Island close to Balesin that will feature a 300-room hotel, a golf course, and 500 private villas.

    Ongpin, who has a history of courting controversy, was one of the corporate leaders that former Philippine president Rodrigo Duterte went after in a crackdown on corporations in 2016.

    A court order forced Ongpin to sell his majority stake in the PhilWeb online gaming company. In a 2017 interview with Forbes Asia, Ongpin revealed, “I lost $360 million—I became a pariah.”

    Before the latest publication of the Philippines’ Richest in August, Ongpin was valued at $830 million. He has 16 residences in places like Tuscany, London, Paris, Salzburg, and Saint-Tropez, in addition to the cigar manufacturer Tabacalera.

    (Source Link)

    Cynthia J. Beck

    Cynthia J.Beck is a talented author and researcher who has a passion for reading and a special capacity to delve deeply into the rumors and news surrounding famous people. She can't get enough of the latest gossip about famous people and the glitz and glamour of the entertainment world. She works in the fields of journalism, research, and writing. She is well-known for her ability to create articles that are both engaging and perceptive about famous people.

    Related Posts

    Brightline Train Accident

    Safety Concerns Rise As Brightline Train Accident Occurs In Delray Beach!

    September 23, 2023
    Liv Teverino Car Accident

    Liv Teverino Car Accident: Marietta High School Student Dies Aged 16

    September 21, 2023
    Russell Hubbard Missing Update 

    Russell Hubbard Missing Update: Has He Been Located?

    September 15, 2023

    Leave A Reply Cancel Reply

    Recent Posts
    • Safety Concerns Rise As Brightline Train Accident Occurs In Delray Beach!
    • Lana Del Rey Net Worth: How Much the Summertime Singer Earns?
    • Liv Teverino Car Accident: Marietta High School Student Dies Aged 16
    • Is Tyreek Hill Injured? Chiefs Star Will Not Be Placed
    • What Happened to Jordan Belfort? See His Age, Career, Wife and More
    Categories
    • 4th of July
    • Business
    • Celebrity
    • Credit Card
    • Crime
    • Education
    • Entertainment
    • Featured
    • Finance
    • Games
    • News
    • Social Media
    • Tech
    • Uncategorized
    About Us
    About Us

    Welcome to News conduct, your number one source for all things [product]. We’re dedicated to giving you the very best of Newsconduct.

    News conduct has come a long way from its beginnings in Canada. When first started out, Newsconduct passion for the message – e.g. “eco-friendly cleaning products drove them to action: quit a day job, do tons of research, etc.

    Email Us: [email protected]

    Latest Post
    Brightline Train Accident

    Safety Concerns Rise As Brightline Train Accident Occurs In Delray Beach!

    September 23, 2023
    Lana Del Rey Net Worth

    Lana Del Rey Net Worth: How Much the Summertime Singer Earns?

    September 21, 2023
    Liv Teverino Car Accident

    Liv Teverino Car Accident: Marietta High School Student Dies Aged 16

    September 21, 2023
    • ABOUT US
    • DISCLAIMER
    • Privacy Policy
    • Contact Us
    • Terms & Conditions
    • DMCA
    • Fact-Checking Policy
    • Correction Policy
    • Grievance Redressal
    • Editorial Policy
    • Cookie Policy
    • Write For Us- News Conduct
    © 2023 Newsocnduct.com All right reserved.

    Type above and press Enter to search. Press Esc to cancel.