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Vicente Madrigal
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Vicente Madrigal
Vicente María Epifanio López Madrigal (April 5, 1880 – June 6, 1972) was a Spanish Filipino businessman, industrialist and politician. Madrigal died at home in New Manila, Quezon City, under the care of his youngest daughter, Maria Luisa.
Born in 1880, Vicente Madrigal grew up in Ligao, Albay. He was the only son of José María Madrigal, who emigrated from Barcelona, Spain, a Catalan migrant and former soldier, and Macaria López (Pardo de Tavera), a Castilian mestiza. Macaria was one of two natural daughters of Joaquín Pardo de Tavera who lived in Albay as a bachelor prior to his marriage to Gertrudis Gorricho, a wealthy heiress. As illegitimate children, she and her sister could not carry the Pardo de Tavera surname; thus, in surviving records she used the name Macaria Lopez y Noreña.
Growing up in meager circumstances in remote provinces, he dreamt of owning his own shipping fleet. When the monsoon rains came, he created paper boats. His mother, nicknamed Nena, teased him that his paper boats would not take him too far away and his reply was always that one day he would take his mom and dad away on his real ship across the seas to visit Spain, his father's dying wish.
He studied at Colegio de San Juan de Letran, a Manila college known for its roster of half-Spanish Filipinos and for its location in the walled city of Intramuros, once the regional bastion of Spanish power. With his father depending on a small pension, the family exploited its military connections with the Escuela Nautica who were close with the friars who owned San Juan de Letran. He graduated with the highest honors. His closest college classmates were future Presidents Manuel Luis Quezon y Molina and Sergio Osmeña, who were themselves poor relatives of rich families.
While in Manila, he came face-to-face with the staggering wealth of his maternal grandfather's family, that of Joaquin Pardo de Tavera and the Gorricho real estate portfolio spanning the Escolta and the ancestral house of the Gorricho-Pardo de Tavera. He was determined to match or even surpass the huge wealth of his Manila relatives, who did not recognize that he, his mother and his aunt existed.
Madrigal established large businesses in coal, oil, sugar, cement, shipping and real estate.
In the shipping business, his Madrigal Steamship Company did not begin to return profits until after his mother's death, frustrating his childhood dream of bringing his parents to Spain. He settled for treating his sister Rosario to an extended vacation aboard a Madrigal ship to Barcelona.
In the cement business, he acquired Rizal Cement Corporation from Ynchausti y Compañía.
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Vicente Madrigal
Vicente María Epifanio López Madrigal (April 5, 1880 – June 6, 1972) was a Spanish Filipino businessman, industrialist and politician. Madrigal died at home in New Manila, Quezon City, under the care of his youngest daughter, Maria Luisa.
Born in 1880, Vicente Madrigal grew up in Ligao, Albay. He was the only son of José María Madrigal, who emigrated from Barcelona, Spain, a Catalan migrant and former soldier, and Macaria López (Pardo de Tavera), a Castilian mestiza. Macaria was one of two natural daughters of Joaquín Pardo de Tavera who lived in Albay as a bachelor prior to his marriage to Gertrudis Gorricho, a wealthy heiress. As illegitimate children, she and her sister could not carry the Pardo de Tavera surname; thus, in surviving records she used the name Macaria Lopez y Noreña.
Growing up in meager circumstances in remote provinces, he dreamt of owning his own shipping fleet. When the monsoon rains came, he created paper boats. His mother, nicknamed Nena, teased him that his paper boats would not take him too far away and his reply was always that one day he would take his mom and dad away on his real ship across the seas to visit Spain, his father's dying wish.
He studied at Colegio de San Juan de Letran, a Manila college known for its roster of half-Spanish Filipinos and for its location in the walled city of Intramuros, once the regional bastion of Spanish power. With his father depending on a small pension, the family exploited its military connections with the Escuela Nautica who were close with the friars who owned San Juan de Letran. He graduated with the highest honors. His closest college classmates were future Presidents Manuel Luis Quezon y Molina and Sergio Osmeña, who were themselves poor relatives of rich families.
While in Manila, he came face-to-face with the staggering wealth of his maternal grandfather's family, that of Joaquin Pardo de Tavera and the Gorricho real estate portfolio spanning the Escolta and the ancestral house of the Gorricho-Pardo de Tavera. He was determined to match or even surpass the huge wealth of his Manila relatives, who did not recognize that he, his mother and his aunt existed.
Madrigal established large businesses in coal, oil, sugar, cement, shipping and real estate.
In the shipping business, his Madrigal Steamship Company did not begin to return profits until after his mother's death, frustrating his childhood dream of bringing his parents to Spain. He settled for treating his sister Rosario to an extended vacation aboard a Madrigal ship to Barcelona.
In the cement business, he acquired Rizal Cement Corporation from Ynchausti y Compañía.
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