Villar Land's share trading stopped in May due to late financial reports.

In August 2025, the company was fined 12 million pesos by the SEC.

Manuel Villar spoke at the University of the Philippines in 2010.

The SEC found that Villar Land's auditor did not agree with the value of a plot of land the company bought.

The land was bought for 5.2 billion pesos and its value was increased by 25,000%. This made Villar Land's profit for 2024 very high.

After talks, Villar Land decreased the land's value by 99%. The company's profit for 2024 was then restated to 1.4 billion pesos.

The company's stock price fell when trading started again in November 2025. It fell more in January after the SEC filed complaints against the company.

Trading was stopped again in June because the company did not submit its reports on time.

The decrease in the stock price has reduced Villar's net worth.

Villar was born in 1949 in a poor family in Manila. He studied business and accountancy before starting his own business.

Villar has many business interests, including real estate, energy, and media.

Villar was once the richest person in the Philippines with a fortune of $17.2 billion. His net worth was $23.3 billion before the stock issues.

The richest person in the Philippines now is Enrique Razon Jr. with a net worth of $21.8 billion.