Preview

Successful Story of the Ayala

Powerful Essays
Open Document
Open Document
1263 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Successful Story of the Ayala
l. Success Story of the Ayala’s

Almost all Filipinos probably know the Ayala’s. There is the famous Ayala Avenue along Makati. It houses one of the business districts here in the Philippines. Ayala is one of the prominent names in Philippine business.
They own one of the country’s largest banks, Bank of the Philippine Islands. They own one of the country’s top telecommunication networks, Globe Telecom. They own one of the country’s leading real estate developer, Ayala Land. Other businesses of the Ayala’s include water distribution business Manila Water Company, information technology business Integrated Microelectronics, Inc., business process outsourcing company Integreon,
These businesses all form the Ayala Group of Companies. The Ayala’s, through its private holding company, Mermac Inc. (after Mercedes Macmicking, aunt of Jaime and Fernando) owns roughly 58% of Ayala Corp.
Ayala Corp. owns roughly 35% of Globe, 35.1% of BPI, 46.2% of Manila Water and majority of Ayala Land. With this empire of businesses, the Ayala’s are considered as the second richest person in the Philippines according to Forbes, next to retail tycoon Henry Sy.
The Ayala’s roots can be traced back 170 years ago when Domingo Roxas and Antonio de Ayala shook hands and set up Casa Roxas in March 1834. Since then, the Ayala Group has gone through life-changing events and made landmark business decisions that have allowed it to emerge stronger than before. It has become the Philippines’ oldest commercial house and one of the most profitable diversified conglomerates.
Currently, it is now on the hands of the eight generation of the Zobel de Ayala’s, led by brothers Jaime Augusto Zobel de Ayala (also known as JAZA) as the Chief Executive Officer of Ayala Corp. and Fernando Zobel de Ayala as the Chairman of Ayala Land, Inc.
Both brothers were prepared to face the challenges as soon as they got their Bachelor of Arts degrees from the famous Harvard University. Jaime majored in Economics and

You May Also Find These Documents Helpful

  • Satisfactory Essays

    IRAC 37.3

    • 436 Words
    • 2 Pages

    Francis and Carla Caneva, own 3.25%, each. Caneva managed the operations of Midnight Star while receiving a salary/bonuses for the work.…

    • 436 Words
    • 2 Pages
    Satisfactory Essays
  • Better Essays

    Erik Ayala Case Study

    • 914 Words
    • 4 Pages

    On Janury 24, 2009, plaintiff’s decedent, Martha Paz de Noboa Delgado (“Ms. Paz de Noboa”) was fatally shot by Erik Ayala. Erik Ayala was a mentally disturbed diagnosed schizophrenic who exhibited obvious signs of mental illness. Erik Ayala purchased the gun that he used to shoot Ms. Paz de Noboa from defendant respondent Bryan Kellim dba 99 Pawn & Guns (“99 Pawn & Guns”).…

    • 914 Words
    • 4 Pages
    Better Essays
  • Powerful Essays

    It is considered to be a Family Company as it globes more than 230 subsidiaries. This “Family” comprises:…

    • 1780 Words
    • 8 Pages
    Powerful Essays
  • Powerful Essays

    Week 6 Problem Set

    • 655 Words
    • 3 Pages

    Jack and Jill are owners of UpAHill, and S-corporation. They own 25 and 75 percent, respectively.…

    • 655 Words
    • 3 Pages
    Powerful Essays
  • Good Essays

    ‘Bernard and his oldest son Leo Lewis, also a senior executive, are the largest shareholders, but other directors with significant shareholdings include Clive Lewis, River Island 's chief executive, and Bernard 's nephew Ben Lewis. The group 's six directors, all family members, are thought to be worth about £1.4bn. River Island managing director Richard Bradbury is the only non-family member to hold a senior post. In total, about 11 members of the extended family are thought to hold stakes in the parent company through offshore trusts, although some stakes are relatively small.’ – The Guardian.co.uk…

    • 1013 Words
    • 5 Pages
    Good Essays
  • Powerful Essays

    Week 5 case team 1 rev 1

    • 1622 Words
    • 5 Pages

    It was in 1975, almost forty years ago when Zara, a small unknown Spanish apparel firm began its operations in La Coruna, a small seaside town located along the northwest Spanish coastline, approximately 300 miles from Madrid. Now the once small local apparel manufacturer has evolved into a flagship international group (The Inditex Group), the parent of eight global retail chains, including Zara, Bershka, Massimo, Dutti, Stradivarius, and Oysho with a combined annual revenue of close to $21 billion in 2012, making its founder, Amancio Artego, one of the world’s wealthiest individuals.…

    • 1622 Words
    • 5 Pages
    Powerful Essays
  • Satisfactory Essays

    Ayala Land Case

    • 373 Words
    • 2 Pages

    Ayala Land is the largest and most diversified company in the real estate sector, with businesses in residential development, commercial leasing and other services. This report provides an analysis and evaluation of ALI’s financial, stock, and industry performance in order to arrive at a decision whether to hold or sell existing ALI shares, or buy new shares (based on closing price of Php17.98). This report is based on a long-term investment plan of at least 10 years.…

    • 373 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    The chairman of the board of directors is R.H. (Dick) Auchinleck, the chief executive officer/president is Darren Entwistle, chief financial officer is Doug French. The corporate directors are Donald Woodley and John S. Lacey.…

    • 1142 Words
    • 5 Pages
    Powerful Essays
  • Powerful Essays

    1. What is the brief history of the company and its line of business is it involved in?…

    • 2501 Words
    • 11 Pages
    Powerful Essays
  • Powerful Essays

    Founded by Charles Dolan and operating as a publicly listed company, the Dolan family are reported to the major shareholders of the business, accounting for at least 10% as of March 2011 (Wäscher 2015).…

    • 1657 Words
    • 7 Pages
    Powerful Essays
  • Powerful Essays

    Gap Study

    • 2277 Words
    • 10 Pages

    | |USA; China; Vietnam; Philippines; India; |Donald and Doris Fisher - Founders |Public Traded |…

    • 2277 Words
    • 10 Pages
    Powerful Essays
  • Satisfactory Essays

    Dn Binh Minh

    • 433 Words
    • 2 Pages

    A group of shareholders invested to set up a business called Binh Minh Co., who trades Mobile phones.…

    • 433 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    history of wheeltek

    • 516 Words
    • 2 Pages

    The PEER MARKETING, WHEELTEK MOTOR SALES CORPORATION, R-CYCLE MOTORS, HONDA MOTORISTA, MOTORTEK, MOTOMURA and SUZUKI AUTO MAKATI are subsidiaries and likewise affiliated with AMADA PLAZA HOTEL, RBO FINANCING CORPORATION and TITANS BIO-ORGANIC all operating steadily and progressively all over the archipelago.…

    • 516 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    tour

    • 1155 Words
    • 5 Pages

    In 1970’s Cebu started to expand its population and up to present the city is already considered as one of the most prosperous city in the Philippines. Big establishments and big building can also be found in Cebu.…

    • 1155 Words
    • 5 Pages
    Good Essays
  • Good Essays

    Business

    • 1101 Words
    • 4 Pages

    What type of ownership does this business have? Explain this type of ownership in detail.…

    • 1101 Words
    • 4 Pages
    Good Essays