Juan-Miguel Villar Mir

About Juan-Miguel Villar Mir

Birth Year: 1931
Birth Place: Madrid, Spain, Spain
Residence: Madrid, Spain
Title: Chairman and CEO, Obrascón Huarte Lain
Board member of: Santander
Spouse(s): married
Children: 3

Juan-Miguel Villar Mir Net Worth

Juan-Miguel Villar Mir was bornon 1931 in Madrid, Spain, Spain. Juan-Miguel Villar Mir controls the construction firm Obrascon Huarte Lain S.A. together with his children. The $5 billion (2015 revenues) giant trades on Madrid's stock exchange and builds roads, railways, ports and airports in 30 countries. Separately from OHL, his privately-held Grupo Villar Mir is the largest independent producer of hydroelectric power in Spain, a major fertilizer producer, and a real estate developer. Its silicon producer Grupo FerroAtlántica agreed to a $3.1 billion merger with Nasdaq-listed Globe Specialty Materials in 2015 to create Ferroglobe, currently Villar Mir's most valuable asset. Grupo Villar Mir also has smaller subsidiaries that trade, transport and distribute diesel oil, make pre-stressed, reinforced concrete, and produce children's clothes. In 2011 the King of Spain gave Villar Mir the title of "marquis."
Juan-Miguel Villar Mir is a member of Construction & Engineering

💰 Net worth: $2.4 Billion (Updated at 22 June 2018)

2013 $1.8 Billion
2014 $2.5 Billion
2015 $5.7 Billion
2016 $3.1 Billion
2017 $2.9 Billion
2018 $3.43 Billion

Biography/Timeline

1931

He was born in Madrid in 1931. He has a degree in Industrial Organisation, and a doctorate in Civil Engineering.

1975

From December 1975 to July 1976, he was the Minister of Economy and Finance. In 1976, he was Deputy Prime Minister of Spain for about six months, as a member of the Falange Española Tradicionalista y de las Juntas de Ofensiva Nacional Sindicalista party, under Prime Minister Carlos Arias Navarro.

1980

Obrascón Huarte Lain fell into financial difficulties in the late 1980s, however, and was bought from bankruptcy for one penny in 1987 by Villar Mir, who remains the company's chairman today. Villar Mir turned around the firm's fortunes, and it listed on the Bolsa de Madrid in 1991.

2013

He has been a non-executive Director of Santander since 2013.