Manuel Joff net worth
Manuel Jove Net Worth: Manuel Jove is a Spanish entrepreneur with a net worth of $2.5 billion. As a carpenter, Manuel Jove started his career in the late 1970s. With private capital mainly from Jove himself, Fadesa Inmobiliaria has become the largest independent real estate group in Spain.
Jove took the company public in 2004, and two years later sold his 55% stake to real estate group Martinsa for $3 billion. He seems to have sold it at the right time, before the Spanish property bubble burst. Two years later, Martinsa filed for bankruptcy and sued Jove in March 2011 over Fadesa’s purchase price, saying it was overstated. Jove won in court in September 2012 and paid all legal costs. At the same time, Manuel Jove started working on new projects and investments through Inveravante Corporation, which he founded in early 2007. Since then, his Inveravante investment group has continued to be active in private equity, renewable energy, residential and commercial development. as a treat. In 2012, the company struck a deal with Hilton Worldwide to open two new Hilton hotels in Tangier. Not to mention, Jove reduced his stake in Banco Bilbao Vizcaya Argentaria, one of Spain’s largest banks, from 5.1% to 2.99%. Married with two children, Jove is an avid art collector and enjoys woodworking.
