{"id":1198,"date":"2016-07-14T18:59:21","date_gmt":"2016-07-14T10:59:21","guid":{"rendered":"http:\/\/primer.com.ph\/business\/?p=1198"},"modified":"2022-09-28T22:42:00","modified_gmt":"2022-09-28T14:42:00","slug":"the-empire-that-started-it-all-the-ayala-success-story","status":"publish","type":"post","link":"https:\/\/primer.com.ph\/business\/the-empire-that-started-it-all-the-ayala-success-story\/","title":{"rendered":"The Empire that Started it All: The Ayala Success Story"},"content":{"rendered":"<p><span style=\"font-size: 12pt\">If there\u2019s one word you\u2019d associate with the \u201cRich men of the Philippines,\u201d it would be Ayala. Consistent in the top spots of the country\u2019s richest, the Ayala Empire has now evolved into one of Philippine\u2019s largest conglomerates, having various businesses that range from real estate, business process outsourcing, telecommunications to financial services, and several infrastructures, among others.<\/span><\/p>\n<p><span style=\"font-size: 12pt\"><em>\u00a0<\/em><\/span><\/p>\n<p style=\"text-align: center\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-1199\" src=\"https:\/\/primer.com.ph\/business\/wp-content\/uploads\/sites\/9\/2016\/07\/the-ayalas.jpg\" alt=\"the-ayalas\" width=\"600\" height=\"315\" srcset=\"https:\/\/primer.com.ph\/business\/wp-content\/uploads\/sites\/9\/2016\/07\/the-ayalas.jpg 600w, https:\/\/primer.com.ph\/business\/wp-content\/uploads\/sites\/9\/2016\/07\/the-ayalas-300x158.jpg 300w\" sizes=\"auto, (max-width: 600px) 100vw, 600px\" \/><\/p>\n<p style=\"text-align: center\"><em>From left to right: Don Jaime Zobel de Ayala, Ayala\u2019s chairman emeritus; Jaime Augusto Zobel de Ayala (JAZA), CEO of Ayala Corp.; and Fernando Zobel de Ayala, Chairman of Ayala Land Inc.<\/em><\/p>\n<p><span style=\"font-size: 12pt\">\u00a0<\/span><\/p>\n<p><span style=\"font-size: 12pt\">Ayala\u2019s story started in 1834 when entrepreneur Domingo Roxas and young industrial partner Antonio de Ayala created a distillery, which is an agribusiness company that grew and became popular as they started exporting products to Europe. They then garnered recognition that made them a name in the international scene. From rural to urban, they brought with them their bestselling brand that is Ginebra San Miguel.<\/span><\/p>\n<p><span style=\"font-size: 12pt\">When the Spanish royal decree established Southeast Asia\u2019s first private commercial bank, it was Antonio de Ayala who was the appointed director. There, Ayala became involved in banking and that same bank is now known as the Bank of the Philippine Islands (BPI).<\/span><\/p>\n<p><span style=\"font-size: 12pt\"><em>\u00a0<\/em><\/span><\/p>\n<p style=\"text-align: center\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-1201\" src=\"https:\/\/primer.com.ph\/business\/wp-content\/uploads\/sites\/9\/2016\/07\/Picture4-1024x287.jpg\" alt=\"Picture4\" width=\"850\" height=\"238\" srcset=\"https:\/\/primer.com.ph\/business\/wp-content\/uploads\/sites\/9\/2016\/07\/Picture4-1024x287.jpg 1024w, https:\/\/primer.com.ph\/business\/wp-content\/uploads\/sites\/9\/2016\/07\/Picture4-300x84.jpg 300w, https:\/\/primer.com.ph\/business\/wp-content\/uploads\/sites\/9\/2016\/07\/Picture4-768x215.jpg 768w, https:\/\/primer.com.ph\/business\/wp-content\/uploads\/sites\/9\/2016\/07\/Picture4.jpg 1904w\" sizes=\"auto, (max-width: 850px) 100vw, 850px\" \/><\/p>\n<p style=\"text-align: center\"><span style=\"font-size: 12pt\"><em>Some of the well-established companies that Ayala owns or are principal stakeholders of<\/em><\/span><\/p>\n<p><span style=\"font-size: 12pt\">\u00a0<\/span><\/p>\n<p><span style=\"font-size: 12pt\">When de Ayala got married, they still continued to do business. As many decades later, the Ayala engaged at real estate development as parts of the Hacienda Makati were developed. With all these developments and business engagements with regards to real estate, Philippines\u2019 first modern Central Business District was known. Since then, more and more businesses were made that helped the lives of merchants, employees, micro-entrepreneurs, and its officials. To this day, Ayala is still rich not only with money, but also with social purpose that also helps in Philippines\u2019 economy.<\/span><\/p>\n<p><span style=\"font-size: 12pt\">Ayala Corporation is recognized as the country\u2019s largest corporation in terms of assets. Just this 2014, Ayala celebrated its 180<sup>th<\/sup> anniversary, led by Jaime Augusto Zobel de Ayala. The Ayala Group owns Ayala Land Inc., BPI, Globe Telecom, Manila Water Company Inc., Ayala Automotive Holdings Corporation, Affinity Express, and nonprofit organizations such as Ayala Museum, Filipinas Heritage Library, and CENTEX.<\/span><\/p>\n<p><span style=\"font-size: 12pt\">\u00a0<\/span><\/p>\n<p><em>Source: <a href=\"http:\/\/www.ayala180.com\/ayala-in-changing-times.php\" target=\"_blank\" rel=\"noopener\">ayala180.com<\/a>; <a href=\"http:\/\/www.ayala.com.ph\/about_us\/page\/ayala-at-180-years\" target=\"_blank\" rel=\"noopener\">ayala.com.ph<\/a><\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>If there\u2019s one word you\u2019d associate with the \u201cRich men of the Philippines,\u201d it would be Ayala. Consistent in the top spots of the country\u2019s richest, the Ayala Empire has now evolved into one of Philippine\u2019s largest conglomerates, having various businesses that range from real estate, business process outsourcing, telecommunications to financial services, and several [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":1202,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[271],"tags":[],"class_list":["post-1198","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-success-story"],"acf":[],"_links":{"self":[{"href":"https:\/\/primer.com.ph\/business\/wp-json\/wp\/v2\/posts\/1198","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/primer.com.ph\/business\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/primer.com.ph\/business\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/primer.com.ph\/business\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/primer.com.ph\/business\/wp-json\/wp\/v2\/comments?post=1198"}],"version-history":[{"count":2,"href":"https:\/\/primer.com.ph\/business\/wp-json\/wp\/v2\/posts\/1198\/revisions"}],"predecessor-version":[{"id":7015,"href":"https:\/\/primer.com.ph\/business\/wp-json\/wp\/v2\/posts\/1198\/revisions\/7015"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/primer.com.ph\/business\/wp-json\/wp\/v2\/media\/1202"}],"wp:attachment":[{"href":"https:\/\/primer.com.ph\/business\/wp-json\/wp\/v2\/media?parent=1198"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/primer.com.ph\/business\/wp-json\/wp\/v2\/categories?post=1198"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/primer.com.ph\/business\/wp-json\/wp\/v2\/tags?post=1198"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}