Juan Villalonga

January 6, 2024
Businessperson

Quick Facts

Juan Villalonga
Full Name Juan Villalonga
Occupation Businessperson
Date Of Birth Apr 8, 1953(1953-04-08)
Age 71
Birthplace Madrid
Country Spain
Birth City Community of Madrid
Horoscope Aries

Juan Villalonga Biography

Name Juan Villalonga
Birthday Apr 8
Birth Year 1953
Place Of Birth Madrid
Home Town Community of Madrid
Birth Country Spain
Birth Sign Aries
Spouse Vanessa von Zitzewitz , Adriana Abascal
Children(s) Diego Villalonga Abascal, Paulina Villalonga Abascal, Jimena Villalonga Abascal

Juan Villalonga is one of the most popular and richest Businessperson who was born on April 8, 1953 in Madrid, Community of Madrid, Spain. Juan Villalonga is a native of Madrid, Spain, and was born on April 8th 1953. He is a member of a renowned Spanish family that is deeply involved in the politics and economics that govern the state. His paternal grandparents owned the Tramway and Railway Company of Valencia between CTFV up to 1917. His great-uncle, Ignacio Villalonga, was the Governor of Catalonia during the time Generalitat was suspended in 1935. He was the chairman of one of Spain’s biggest banking institutions, Banco Central (1943-1970) and was a vocal opponent against Francoist Spain.

Villalonga was a student at Colegio Nuestra Senora del Pilar in Madrid. He made close to Jose Maria Aznar, who was the the Prime Minister from Spain from 1996 until 2004. In 1970, Villalonga began studying at his great uncle’s alma home that was Deusto University, University of Deusto, to get a degree in law. He was awarded his degree in 1975. While pursuing his MBA in the IESE in Barcelona, Spain, University of Navarre from 1975 until 1977, he served his military service and rose into the ranks of Lieutenant Alferez (Second Lieutenant) (1974-1975).

In 1998, Villalonga launched Telefónica Interactiva (also known as Terra Networks), Telefónica’s Internet portal. He aggressively acquired several local start-ups in Spain and the main Latin American markets, turning Terra into a major internet company. These acquisitions included Ole (Spain), Zaz (Brazil), Infosel (Mexico), Gauchonet y Donde (Argentina) and Chevere (Venezuela). In November 1999, Terra had a high-profile IPO in the U.S. and Spain, and its shares rose from the initial price of €11.81 to €157.65 within three months.

In June 2000, the Madrid daily El Mundo claimed that Villalonga had been involved in insider trading. Amid these rumors and pressure from the Spanish government, Villalonga resigned as chairman of Telefónica in July 2000. In August 2000, the Spanish stock market commission, the Comisión Nacional del Mercado de Valores (CNMV), cleared Villalonga of insider trading charges.

It was in 1996 that Villalonga became the position of CEO of Telefonica which was a proposal from shareholders Argentaria, Banco Bilbao, La Caixa, and with approval from Aznar. Spanish Minister of the Interior, Jose Maria Aznar. In four years under his leadership,Telefonica’s market cap increased by $127 billion, securing the company’s leadership position in Spain and turning Telefonica into an international telecommunications power. He also devised a highly efficient model for acquisitions in which transactions were completed by stocks.

Juan Villalonga Net Worth

Net Worth $5 Million
Source Of Income Businessperson
House Living in own house.

Juan Villalonga is one of the richest Businessperson from Spain. According to our analysis, Wikipedia, Forbes & Business Insider, Juan Villalonga 's net worth $5 Million. (Last Update: December 11, 2023)

Juan Villalonga Navarro (born April 8th 1953) is a Spanish businessman. The former partner was in McKinsey & Company in the 1980s, and was CEO of Credit Suisse First Boston and Bankers Trust in Spain in the 1990s and early 2000s, as well as the CEO of Telefonica between 1996 and 2000.

He began his career at McKinsey & Company in 1980 and was an associate across his native United States, Portugal, Brazil, Italy and Spain. The time he was there he was in charge of McKinsey clients, such as Banco Santander, which is considered to be the biggest bank of the Eurozone. McKinsey opened its Rome office in 1987.

In 1997, the European telecommunications market was liberalized, and Telefónica ceased to have a monopoly in Spain. Villalonga used the event to expand the company beyond Spain into other Spanish-speaking markets. In 1997, he entered the company into pre-BRIC Brazil.

Height, Weight & Body Measurements

Juan Villalonga height Not available right now. Juan weight Not Known & body measurements will update soon.

Who is Juan Villalonga Dating?

According to our records, Juan Villalonga married to Vanessa von Zitzewitz , Adriana Abascal. As of December 1, 2023, Juan Villalonga’s is not dating anyone.

Relationships Record : We have no records of past relationships for Juan Villalonga. You may help us to build the dating records for Juan Villalonga!

He then had Telefónica purchase the American Internet search company, Lycos, creating one of the world’s largest Internet companies. It opened the U.S. market of 30 million Spanish speakers to Terra and provided access to parts of the world where Telefónica did not yet have a foothold, such as Asia. The purchase for $12.5 billion in stock in May 2000 created a new company known as Terra Lycos Inc., which had a pro-forma revenue of approximately $500 million, an estimated 50 million new users, and 175 million page views per day.

Facts & Trivia

Juan Ranked on the list of most popular Businessperson. Also ranked in the elit list of famous people born in Spain. Juan Villalonga celebrates birthday on April 8 of every year.

Top Facts about Juan Villalonga

  1. Juan Villalonga is a Spanish businessman born in 1953.
  2. He was the CEO of Telefonica from 1996 to 2000.
  3. During his tenure, Telefonica’s market value increased by $100 billion.
  4. Villalonga was also involved in the privatization of Spain’s state-owned companies.
  5. He has been criticized for alleged insider trading and conflicts of interest.
  6. In 2002, he was fined €2 million for insider trading by the Spanish stock market regulator.
  7. Villalonga has also served on the boards of several other companies, including Endesa and Repsol YPF.
  8. He is known for his flamboyant lifestyle and love of luxury cars and yachts.
  9. Villalonga is married with three children and lives in Madrid.
  10. His net worth is estimated at around $300 million as of 2021.

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