Jaime Zobel de Ayala

Jaime Zóbel de Ayala y Pfitz GCLH (born 18 July 1934), also known as Jaime Zóbel, is a Filipino businessman who served as the chairman of the Ayala Corporation from 1984 to 2006 and as its president from 1984 to 1994. Presently, he holds the honorary title as "Chairman Emeritus".

Jaime Zóbel de Ayala
Ambassador of the Republic of the Philippines to the United Kingdom
In office
PresidentFerdinand Marcos
Preceded byNarciso G. Reyes
Succeeded byJose Manuel E. Stilianopoulos
Personal details
Born (1934-07-18) July 18, 1934 (age 87)
Manila, Philippine Islands
Spouse(s)Beatriz Miranda Barcon
Children7 (including Jaime Augusto Zóbel de Ayala II and Fernando Zóbel de Ayala)
Alma materHarvard University

Zóbel also served as a former diplomat previously serving as the Ambassador of the Republic of the Philippines to the United Kingdom from 1970 to 1975. He is also known as a noted art photographer being the first Filipino photographer to be given a Licentiate by the Royal Photographic Society of the United Kingdom.

Early life and familyEdit

Zóbel was born on 18 July 1934 to Alfonso Zóbel de Ayala (1904–1967) and Carmen Pfitz y Herrero (1909–1999). His siblings are Maria Victoria ("Vicky") and Alfonso Jr. ("Alfonsito"). He is a grandson of Enrique Zóbel de Ayala and Consuelo de Ayala.

He is married to Beatriz Miranda. Together they have two sons (Jaime Augusto and Fernando) and five daughters (Beatriz Susana ("Bea Jr."), Patricia, Cristina, Monica, and Sofia).


After early education in the Philippines, Zóbel attended Harvard University, where he graduated in 1957 with a bachelor's degree in architectural sciences. He attended the six-week Advanced Management Program in the Far East, conducted by faculty from the Harvard Graduate School of Business Administration in Baguio, the Philippines in 1963.


Ayala CorporationEdit

Zóbel joined Ayala y Compañía in 1958 as executive assistant upon the invitation of his father. His father placed him under the wing of his cousin Enrique and uncle Col. Joseph McMicking. As an executive assistant in the company, he took down notes during management meetings and gradually learned the ropes of the family business. He was later transferred to the training section of the insurance companies of the Ayala group. In 1975, he became president of Filipinas Life Assurance Company (now, BPI-Philam Life Assurance Corporation).

In 1984, he succeeded Enrique, as chairman and president of Ayala Corporation.[1] Zóbel successfully steered Ayala through the tense, final years of the Marcos dictatorship. In 1988, the real estate division was spun off as Ayala Land, Inc. Ayala Corporation also ventured into new businesses, like automotive (Ayala Automotive Holdings Corporation).[2]

Zóbel stepped down as president of Ayala in 1994 and was succeeded by his son, Jaime Augusto. He continued as chairman until his retirement in 2006 and became the chairman emeritus of Ayala.


Zóbel joined the Camera Club of the Philippines in the mid-1970s and began taking photography more seriously.[3] He is the first Filipino amateur photographer to be confirmed “Licentiate” by the Royal Photographic Society of the United Kingdom, and has received similar commendations from the French and Spanish governments for his contributions to art and culture. He exhibits regularly in the Philippines and abroad, and has produced several critically acclaimed books. He continues to break new ground in art photography with explorations in various art media.


Between 1970 and 1975, Zóbel was appointed as the Philippine Ambassador to the Court of St. James's in London, representing the United Kingdom and ambassador of Scandinavian countries.

Honors and awardsEdit


  • In 2007, Zóbel was ranked as tied with Henry Sy as the richest person in the Philippines, with a net worth of $2.6 billion, according to Forbes magazine.
  • In 2008, Zóbel and his family were ranked 3rd in Forbes magazine's 2008 list of 40 wealthiest Filipinos, due to a 46% drop in their conglomerate Ayala Corp. shares, which were worth $800 million.[8][9][10]

See alsoEdit


  1. ^ "Jaime Zobel de Ayala: The Artist as Businessman". philstar.com.
  2. ^ "Archived copy". Archived from the original on 2013-11-11. Retrieved 2014-03-01.{{cite web}}: CS1 maint: archived copy as title (link)
  3. ^ "Don Jaime Zobel de Ayala: Zen and now". philstar.com.
  4. ^ "The FIRST International Award for Responsible Capitalism".
  5. ^ "4 Filipinos in New Forbes Heroes List"[permanent dead link], ABS-CBN News
  6. ^ "Legion of Honor Award to Don Jaime Zobel de Ayala", Manila Bulletin
  7. ^ "Japanese gov't honors Jaime Zobel de Ayala". ABS-CBN News. 2 May 2018. Retrieved 4 May 2018.
  8. ^ "afp.google.com, Philippines mall mogul rakes it in as crisis hits rich: Forbes". Archived from the original on May 20, 2011.
  9. ^ "Registrant WHOIS contact information verification". www.manilastandardtoday.com.
  10. ^ "yahoo.com, Philippines mall mogul rakes it in as crisis hits rich: Forbes". Archived from the original on 2008-10-19. Retrieved 2008-10-17.

Further readingEdit

External linksEdit