Background
He was born as Eugenio Hofileña López on July 20, 1901 in Jaro, Iloilo City.
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Eugenio Lopez
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He received his education at the Ateneo de Manila University where he graduated in 1919, and later the University of the Philippines where he took up law and graduated in 1923.
Career
He is part of the prominent López family of Iloilo, one of the leading political families in the Philippines, and owners of the Lopez Group of Companies. López began as a provincial bus operator, and eventually became chairman of the Philippine"s largest media conglomerate and president of the Manila Electric Company. This was carried out by Marcos in order for Don Ening, who was at that time was in exile in United States to sell his businesses to him, his family and relatives and to his cronies.
Don Ening agreed, but his firstborn would remain in detention.
As a result, he was double-crossed by the Marcos regime and his businesses were then completely in their hands. He was later diagnosed with cancer and died on July 5, 1975.
Achievements
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Dubbed as the Father of Philippine Television, he was founder of the Manila Chronicle and Chronicle Broadcasting Network, now the ABS-Christian Broadcasting Network Broadcasting Corporation. In 1972 he accepted a Distinguished Service Award from the Harvard Business School, but several months later was compelled by President Ferdinand Marcos to sign over his shares in the electric company, was stripped of his holdings and forced into exile.
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In September 1972, President Marcos declared martial law in the Philippines, which began a period of dictatorship that lasted in the 1986 People Power Revolution and that was characterized by crony capitalism.
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Born
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Died
July 5, 1975 (aged 73) -
Nationality
Philippines -
Religion
Catholic Church -
Political Party
People Power