Manuel Jove Owner of the company "Fadesa Inmobiliaria" Country: Spain

1. Biography of Manuel Jove
2. Success in Real Estate
3. Recognition and Investments
4. Sale of "Fadesa Inmobiliaria"
5. Interests and Family

Biography of Manuel Jove

Manuel Jove was born in Spain in 1943. His business focus is on real estate, and he has achieved everything he has through his own efforts. In 1980, he opened his own business, "Fadesa Inmobiliaria," which later became one of the leading Spanish companies in the real estate industry.

Success in Real Estate

"Fadesa Inmobiliaria" specializes in the construction of affordable housing for Spanish residents. The company owns numerous plots of land on which homes will be built in the future. The structures created by this company are known for their reliability and durability. Additionally, Jove is involved in building housing projects in Morocco and constructing a commercial and tourist center in Tangier. His company has branches in countries such as France and Poland.

Recognition and Investments

Manuel Jove has received numerous awards from the Moroccan government for his contributions to the growth of the country's industry and tourism. In 2005, Jove acquired 3.8% of the shares of the energy company "Union Fenosa," making him the fifth-largest corporate shareholder of the company.

Sale of "Fadesa Inmobiliaria"

Recently, the "Martinsa" group offered Manuel Jove $5.1 billion for his company, "Fadesa Inmobiliaria." He agreed to sell 54.6% of the company's assets belonging to his family. The shares were withdrawn from trading with a 21% premium, resulting in a significant profit for the Jove family. One share of "Fadesa Inmobiliaria" was sold for €37.50. Currently, the company mainly focuses on constructing hotel complexes known for their exquisite design and interesting architectural concepts. Well-planned landscapes make the time spent there unforgettable.

Interests and Family

Manuel Jove is passionate about collecting paintings by Spanish artists and appreciates all things beautiful. In his free time, he also engages in wood carving and creates his own works of art. He is married and has raised two children. Jove and his family reside in La Coruna, Spain. Thanks to his business acumen and "market sense," his wealth is estimated at $2.7 billion by Forbes magazine, making him the 258th richest person in the world.