Manuel Jove’s profile picture

Manuel Jove

Manuel Jove’s profile picture
Net worth 2018: $2.15 Billion
Industry: Real Estate
Residence: La Coruna, Spain
Country: Spain
BirthDay: 1941
Children: 2
BIOGRAPHY

Manuel Jove was bornon 1941 in La Coruna, Spain, Spain. Manuel Jove is #1134 in List Billionaires People In The World. Manuel Jove's fortune stems from Fadesa Inmobiliaria, a business he founded in 1980 and developed into one of Spain's leading property companies. Jove, a carpenter by trade, took the company public in 2004 and then sold his 55% stake to real estate group Martinsa for $3 billion in 2006, just before the collapse of the Spanish real estate bubble. Martinsa filed for bankruptcy two years later and in March 2011 sued Jove for $2 billion, claiming that the purchase price of Fadesa had been inflated. Jove prevailed in court in 2012, even winning his legal costs. His Inveravante investment group is now investing more than $450 million into two luxury developments in Morocco. Jove collects art from the Spanish province of Galicia and enjoys woodworking.

NET WORTH STATISTIC
2009

$1.9 Billion

2010

$2.4 Billion

2011

$3 Billion

2012

$2.6 Billion

2013

$2.7 Billion

2014

$2.4 Billion

2015

$2 Billion

2016

$1.9 Billion

2017

$1.8 Billion

2018

$2.15 Billion

TIMELINE
1941

Manuel Jove Capellán (born July 1941) is a Spanish billionaire, and the founder of property development company Fadesa

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