The Past of PH Today: Margarita Roxas de Ayala - PH Trending

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Monday, 20 July 2015

The Past of PH Today: Margarita Roxas de Ayala


July 20, 1826, Margarita Roxas de Ayala was born.



July 20, 1826
Margarita Roxas de Ayala, one of the Philippines' greatest businesswomen, and founder of La Concordia College, was born in San Miguel, Manila.
eldest child of Domingo Roxas founder of Casa Roxas, and Maria Saturnina Ubaldo, a Spaniard.

During her early life she suffered great indignity and injustice when her father was incarcerated three times.

Don Domingo one of the earliest industrialists of the Philippines, was an advocate for liberal reforms. He died in prison in 1843.

Assuming control of her father's company, Margarita acquired her vast wealth as she diversified into real estate, mining, and alcohol production.

Margarita Roxas de Ayala became the foremost philanthropist of her time, donating her own summer residence called La Concordia in Santa Ana, Manila in 1868 to the Colegio de la Concordia which survives to this day as La Concordia College.

The school upon her instruction was staffed by a Spanish order of nuns, the Sisters of Charity, and dedicated to educating and giving scholarships to marginalized women.

She died on November 1, 1869 at age 43 leaving Don Antonio to run the company until his death in 1876. They had three daughters. The first daughter Carmen Roxas de Ayala would marry her cousin Don Pedro Pablo Roxas and their daughter Margarita Roxas de Ayala y Roxas would later marry Eduardo Soriano. They would become the parents of San Miguel Corporation industrialist
Andres Soriano.

married to her father's partner who was 25 years her junior, Don Antonio de Ayala, a Spaniard from the Basque region of Alava de Ayala, Spain.
Don Antonio de Ayala
one of the first directors of Banco EspaƱol-Filipino de Isabel II currently known as Bank of the Philippine Islands.


References:

Philippines News Agency
Photo: Wikipedia Commons
http://kahimyang.info/

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