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Businessman Juan Miguel Villar Mir dies at 92

The businessman Juan Miguel Villar Mir, founding father of the economic and actual property group that bears his identify and former vp of Actual Madrid, died this Saturday within the Spanish capital on the age of 92, in line with a press launch from Ferroglobe, an organization of the Villar Mir Group itself.

Born in Madrid in 1921, he graduated in Civil Engineering and later grew to become a health care provider after being the perfect pupil in his class. He studied in the USA and obtained two professorships by aggressive examination on the Polytechnic College of Madrid, turning into a member of 4 Royal Academies, being a full member of the Royal Academy of Ethical and Political Sciences and the Royal Academy of Engineering.

In 1967 he was appointed president of the Nationwide Fund for the Safety of Labour and later grew to become president of Altos Hornos del Mediterráneo and Hidrónitro Española.

With out ever having formally belonged to any political social gathering, Villar Mir was Minister of Finance in the course of the Authorities of Carlos Arias Navarro and Third Vice President for Financial Affairs.

Within the sporting subject, Villar Mir briefly served as vice-president of Actual Madrid underneath Ramón Mendoza. In November 1995, Mendoza resigned in a local weather of anger attributable to clashes between Lorenzo Sanz and Villar Mir himself over the principle seat within the field on the Santiago Bernabéu Stadium.

In the end, this accountability led Sanz to take over the presidential submit underneath Article 49 of the membership’s Statutes, with out the necessity to name elections. Thus, Sanz confronted his first main challenge a season later whereas Villar Mir took a backseat.

Nonetheless, in the summertime of 2006, Villar Mir opted to be the president of Actual Madrid on a ticket with the motive force Carlos Sainz. Regardless of the media impression of the two-time world rally champion, this ticket got here third in an election gained by the lawyer Ramón Calderón, who beat Juan Palacios by just a few votes.

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