business tycoon, industrialist and politician. At the height of his wealth, from the 1950s to his death in the early 1970s, his portfolio was estimated to be $850 million American dollars, which would translate to more than $9 billion American dollars today.
Madrigal died at home in
New Manila
Mariana, is an administrative division in eastern Metro Manila, the Philippines. It is an urban barangay in Quezon City in a middle class residential and commercial area known as New Manila, which includes Barangay Mariana and the adjacent Baranga ...
,
Quezon City
Quezon City (, ; fil, Lungsod Quezon ), also known as the City of Quezon and Q.C. (read in Filipino as Kyusi), is the List of cities in the Philippines, most populous city in the Philippines. According to the 2020 census, it has a populatio ...
, under the care of his youngest daughter, Maria Luisa.
Barcelona, Spain
Barcelona ( , , ) is a city on the coast of northeastern Spain. It is the capital and largest city of the autonomous community of Catalonia, as well as the second most populous municipality of Spain. With a population of 1.6 million within ci ...
, a
Catalan
Catalan may refer to:
Catalonia
From, or related to Catalonia:
* Catalan language, a Romance language
* Catalans, an ethnic group formed by the people from, or with origins in, Northern or southern Catalonia
Places
* 13178 Catalan, asteroid #1 ...
migrant and former soldier, and Macaria López y Pardo de Tavera, a Castilian
mestiza
(; ; fem. ) is a term used for racial classification to refer to a person of mixed European and Indigenous American ancestry. In certain regions such as Latin America, it may also refer to people who are culturally European even though their ...
. Macaria was one of two natural daughters of JoaquÃn Pardo de Tavera who lived in
Albay
Albay, Madrigal did not know that money he loaned to El Hogar Filipino was used by the firm to facilitate a loan to the Pardo de Tavera family, and neither did El Hogar Filipino know that Madrigal and the Pardo de Taveras were related by blood illegitimately. This caused a scandal among business circles at that time, although, in deference to other involved families including the Legarda and Roces clans, no specific accounts were published in the leading newspapers. This is also the reason why afterwards Madrigal distanced himself from El Hogar Filipino. When its headquarters in
Escolta
Escolta Street (lit: Escort) is a historic east–west street located in the old downtown district of Binondo in Manila, Philippines. It runs parallel to the Pasig River, from Plaza Santa Cruz to Plaza Moraga and Quintin Paredes Street. The s ...
was set up for sale at a heavy discount, he refused to buy the property.
Nacionalista Party
The Nacionalista Party (Filipino and Spanish: ''Partido Nacionalista''; ) is the oldest political party in both the Philippines and in Southeast Asia in general. It is responsible for leading the country throughout the majority of the 20th ce ...
of
Incumbent
The incumbent is the current holder of an official, office or position, usually in relation to an election. In an election for president, the incumbent is the person holding or acting in the office of president before the election, whether seek ...
President Manuel L. Quezon. His wife had died a few months before his victory, in 1941.
He forbade his daughters from returning to Manila, fearing the Japanese. They remained in Washington, DC and New York, continuing their studies or furthering their careers in Diplomatic Service.
The
Philippine Congress
The Congress of the Philippines ( fil, Kongreso ng Pilipinas, italic=unset) is the legislature of the national government of the Philippines. It is bicameral, composed of a lower body, the House of Representatives, although colloquially the te ...
opened its session on June 9, 1945 but Madrigal was not able to serve due to charges of Collaboration. He had been part of the Japanese-sponsored government of
Claro M. Recto
Claro Mayo Recto Jr. (born Claro Recto y Mayo; February 8, 1890 – October 2, 1960) was a Filipino politician, jurist, and poet. He is remembered for his nationalism, for "the impact of his patriotic convictions on modern political though ...
,
Eulogio Rodriguez
Eulogio "Amang" Adona Rodriguez Sr. (born Eulogio RodrÃguez y Adona; January 21, 1883 – December 19, 1964) was a Filipino politician who twice served as President of the Senate of the Philippines.
Early life
Coming from a poor family, Rodri ...
, Emiliano Tria Tirona, Quintin Paredes, Prospero Sebastian,
Antonio de las Alas
Antonio de las Alas (October 14, 1889 – October 5, 1983) was a Filipino politician and business leader.
Biography
Antonio de las Alas was a three-term representative of the 1st district of Batangas in the Philippine Legislature and a member ...
and
Jose Yulo
Jose is the English transliteration of the Hebrew and Aramaic name ''Yose'', which is etymologically linked to ''Yosef'' or Joseph. The name was popular during the Mishnaic and Talmudic periods.
* Jose ben Abin
* Jose ben Akabya
*Jose the Galile ...
who was appointed Chief Justice during the war.
When
Manuel Roxas
Manuel Acuña Roxas (born Manuel Roxas y Acuña; ; January 1, 1892 – April 15, 1948) was a Filipino lawyer and politician who served as the fifth president of the Philippines, who served from 1946 until his death due to heart attacks in 194 ...
was elected president on 1946, Madrigal, together with other collaborators, was pardoned. He was re-elected in 1947 under the banner of
Liberal Party
The Liberal Party is any of many political parties around the world. The meaning of ''liberal'' varies around the world, ranging from liberal conservatism on the right to social liberalism on the left.
__TOC__ Active liberal parties
This is a li ...
. He ran again in 1953 but was unsuccessful.
He later sponsored his second oldest daughter Pacita Madrigal, who won handily during
Ramon Magsaysay
Ramon del Fierro Magsaysay Sr. (August 31, 1907 – March 17, 1957) was a Filipino statesman who served as the seventh president of the Philippines, from December 30, 1953, until his death in an aircraft disaster on March 17, 1957. An automo ...
's presidency.
Legacy
In 1992, a public school in
Binangonan
Binangonan, officially the Municipality of Binangonan ( tgl, Bayan ng Binangonan) is a 1st class municipality in the province of Rizal, Philippines. According to the 2020 census, it has a population of 313,631 people.
A thriving fish port and f ...
,
Rizal
Rizal, officially the Province of Rizal ( fil, Lalawigan ng Rizal), is a Provinces of the Philippines, province in the Philippines located in the Calabarzon region in Luzon. Its capital is the city of Antipolo. It is about east of Manila. The p ...
was built and was named after him, the Vicente Madrigal Municipal High School. Binangonan was once a stop-over point for Susana, who lived on the other side of the
Laguna de Bay
Laguna de Bay (Spanish language, Spanish for "Lagoon/Lake of Bay, Laguna, Bay"; tl, Lawa ng Bay, ), also known as Laguna Lake, is the List of lakes of the Philippines, largest lake in the Philippines. It is located southeast of Metro Manila, b ...
in
Pangil
Pangil, officially the Municipality of Pangil ( tgl, Bayan ng Pangil), is a 4th class municipality in the province of Laguna, Philippines. According to the 2020 census, it has a population of 25,026 people.
Etymology
According to a paper ent ...
prior to marrying Madrigal.
See also
*
Vicente Madrigal National High School
Vicente Madrigal National High School is a public high school in Binangonan, Rizal, Philippines.
It was established in 1992 as Vicente Madrigal Municipal High School, but in the virtue of the Republic Act No. 8010 it was converted to a Nation ...
*
Jamby Madrigal
Maria Ana Consuelo Madrigal-Valade (born Maria Ana Consuelo Abad Santos Madrigal; April 26, 1958), better known as Jamby Madrigal, is a Filipina politician and businesswoman. She was elected as a senator in the 2004 elections. After only one ...
Liberal Party of the Philippines
The Liberal Party ( Filipino and Spanish: ''Partido Liberal''), abbreviated as the LP, is a liberal political party in the Philippines.
Founded on January 19, 1946, by Senate President Manuel Roxas, Senate President Pro-Tempore Elpidio Quirin ...
*
Nacionalista Party
The Nacionalista Party (Filipino and Spanish: ''Partido Nacionalista''; ) is the oldest political party in both the Philippines and in Southeast Asia in general. It is responsible for leading the country throughout the majority of the 20th ce ...