• Fortunes Juan Miguel Villar Mir, will he have to sell his Rolls-Royce to save himself from ruin?
  • Friends: Francisco González, César Alierta, Villar Mir ... Juancarlismo also retires

From his mansion in Sotogrande, the exclusive Cadiz urbanization of which he was the architect, Juan Miguel Villar Mir, who was one of the most powerful men in this country, has contemplated with pain the departure from Spain of his former intimate, King Juan Carlos , who led him to be economic vice president in the first government of the monarchy and who later made him a marquis . And it has done so, perhaps evoking those golden years when its construction company OHL, emblem of its empire, was part of the Spanish consortium that in 2011 won the AVE concession to Mecca; 6,700 million euros by work and grace of the then Monarch.

Now, at 82 years old, Don Juan Carlos has been pushed into exile and Juan Miguel Villar Mir fears that the date of his 89th birthday will arrive , on September 30, because that day also expires the deadline to pay the 129 million euros that the Villar Mir Group, a colossus in ruins, owes to the former OHL, now controlled by the Mexican family Amodio. The holding company has recognized that it will not be able to pay and is desperately negotiating to offer Pacadar as a pledge , dedicated to precast concrete. A very dark picture for Villar Mir, who in November must also settle another debt of 365 million euros with Tyrus, a Monegasque vulture fund.

This downhill and steep slope has forced the old patriarch to scrap his empire with the sale since 2016 of companies such as Fertiberia, Ferroatlántica, Fertial or his part of the Canalejas project. The hecatomb culminated in May, when the Mexican brothers Luis and Mauricio Amodio sold 16% of the shares of OHL, their jewel in the crown, thus losing their control, as the Aztecs also obtained the option to acquire 9% of remaining capital. An operation made at a balance price, 50.43 million euros, when three years before there were offers of up to one billion, which Villar Mir refused to accept.

Obstinacy of the one who believes himself above good and evil, since the businessman was untouchable until a decade ago, an image that also collapsed after his name was associated with corruption scandals, such as Lezo or Púnica, although he has never been convicted.

Villar Mir claims to love his wife, Silvia Fuentes, like the first day.

The son of a Francoist military man and number 1 of his class of Civil Engineers, which he studied alongside Law, he was director of employment and deputy director of ports during the dictatorship, cementing his empire in the Transition. It acquired the real estate agency Espacio and in 1987, for one peseta, the construction company Obrascón, the embryo of OHL, which would monopolize public works by raising Villar Mir to the Forbes list of the richest. They were the germ of an empire that made up a conglomerate of companies acquired at the dizzying rate of one per year, adding more and more credits.

At the same time, he gave rise to his power by dressing his Puerta de Hierro mansion with works by Goya, Rubens and Zurbarán that compete with his collection of vintage cars, whose jewel is a vintage Rolls. Caprices that have been valued, according to their environment, in case the need arose.

In the midst of the debacle, Villar Mir is left with the consolation of his unconditional wife, Silvia Bescos, whose bust presides over his office, and his three children, not as well matched as the patriarch would like: Juan, Álvaro and Silvia, married to Javier López Madrid, Queen Letizia's companion , today also fallen out of favor with Don Felipe. Also of his unwavering faith, which led him to build on the 33rd floor of Torre Espacio (one of the four skyscrapers of the Castellana that he also had to sell, although he maintains his office there), the highest chapel in Madrid, where he goes to Pray before indulging in the arduous task of salvaging the wreck.

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