Zobel de Ayala family

The Zóbel de Ayala clan is a Filipino business family of German-Spanish ancestry. Since the 19th century, they have created the Ayala Corporation, a holding company for a combination of businesses related to the heart of Philippines business, industry and finance.

History

The Ayala ancestors were from northern Spain’s mountainous region of the Basque Country, where Juan Larrazabal Ayala (circa 1475) was an influential landowner^{[citation needed]}. The immigrant ancestor Antonio de Ayala sailed for Manila in the 19th century. There he established an industrial partnership with Domingo Roxas, and later with Dr. Johannes Andreas Zobel, a German pharmacist from Hamburg, who settled in Manila in 1832^{[citation needed]}. Roxas was a descendant of Mexican immigrant Antonio Fernández de Roxas of Acapulco, who migrated to the Philippines in 1695 as an early colonist^{[citation needed]}.

The Roxas clan has resided in the Philippines for more than 20 generations^{[citation needed]}. Historically, the family has been well known for their socio-economic and cultural contributions to the country, such as the pioneering of Manila's first rail system in the 20th century, establishing the oldest existing financial institution in Southeast Asia, as well as the construction of the first steel bridges in the Philippines^{[citation needed]}. They had the first private plane in the Philippines, which they named Prima Zobelina.

The Zóbel de Ayalas own and control the Ayala Corporation, the country's largest and oldest conglomerate that includes the Bank of the Philippine Islands, Ayala Land Inc., the Manila Water Company, and Globe Telecom, one of the largest mobile phone networks in the Philippines. The Ayala Corporation was also responsible for developing large areas of Makati City into residential subdivisions (gated communities) between the 1940s and 1960s. These subdivisions include Forbes Park, Dasmariñas Village, Bel-Air Village, San Lorenzo Village, Urdaneta Village, San Antonio Village, and Magallanes Village. In addition, Ayala Corporation later developed the center of Makati into a mixed-use industrial development now known as the Ayala Center and its surrounding throughfares (Ayala Avenue, Makati Avenue, Paseo de Roxas & Sen. Gil Puyat Ave.), which now comprise the Makati skyline. In 2001, the family acquired the 54-hectare Fort Bonifacio Global City development in Metro Manila. Other industrial and real estate developments also exist in other parts of Luzon and Cebu including several international partnerships in banking, construction and Information Technology^{[citation needed]}.

Public service

• The family established the Premio Zobel Award 80 years ago, which they award annually to recognize outstanding citizens who encourage the intellectual development of the Philippines.
• The Ayala Foundation has assisted preservation and development of the country's cultural heritage and businesses.

Legacy and honors

• The De La Salle-Santiago Zóbel School was named after Jacobo Santiago Zóbel (1954–1965), the eldest son of Enrique Zobel and Rocio Urquijo.

• The Zobel de Ayala siblings are among the three Filipino families included in the Forbes magazine's list of the "World's Richest Families"a.

• 2007 Harvard Alumni Achievement Award was awarded to Jaime Augusto Zobel de Ayala, then the 48-year-old chairman of the Ayala Corporation. It is the highest honor of the Harvard Business School. Zobel was the first Filipino and the youngest alumnus to be so honored, for his exemplary leadership in business.

Language

Most of the members of the Zobel de Ayala Family are or have been polyglots, traditionally having Spanish, but more recently English as their mother language.

Prominent family members

• Enrique Zobel
• Fernando Zobel de Ayala
• Fernando Zóbel de Ayala y Montojo
• Jaime Augusto Zobel
• Jaime Zobel de Ayala

External links

• Ayala Corporation
• Ayala at 175 Magazine
• Ayala 2009 Annual Report
• Ayala Land
• Ayala Foundation
• Enrique Zobel Foundation