Jose Roberto Antonio Explained

Robbie Antonio
Birth Name:Jose Roberto Antonio
Education:Stanford Graduate School of Business & Northwestern University
Occupation:Real Estate Developer
Nationality:Filipino

Jose Roberto "Robbie" Antonio (born 1977) is a Filipino businessman and real estate developer. He is the son of José E. B. Antonio, one of the Philippines' 40 richest people.[1]

Education

Antonio attended Northwestern University where he got a first degree in Economics and pursued his MBA at the Stanford Graduate School of Business.[2]

Career

Antonio, along with Pei Partnership, developed Centurion in New York City.[3] [4]

Revolution Precrafted

Antonio is also the producer of Revolution Precrafted, a Manila-based series of prefabricated structures by other designers such as Daniel Libeskind, Sou Fujimoto, and Lenny Kravitz.[5] Revolution Precrafted was recognized as the first ‘Unicorn’ startup in the Philippines, in 2017.[6] [7] [8] [9]

In the Philippines, Antonio is the founder and CEO of Resident Holdings Group. Antonio is also the founder of Renegade Branding Concepts,[10] it was founded in 2019 and has partnered with local and international personalities who create their own brand of products and services. Renegade worked with Senator Emmanual “Manny” D. Pacquiao,[11] [12] Jinkee Pacquiao,[13] supermodel Helena Christensen,[14] and others.

In February 2020, Nikkei Group publication DealStreetAsia published a two-piece investigative report on Revolution Precrafted.[15]

According to DealStreetAsia citing sources, Antonio sought to raise from several venture capitalists in order to bolster its "unicorn" valuation. In an email exchange seen by DealStreetAsia, Antonio tried to raise $1-3 million at a $1.85 billion valuation in 2017.[16] Revolution Precrafted also showed little progress in the delivery of its multi-million dollar luxury prefab projects in Manila, which include Flavorscapes at Lakeshore in Pampanga province; Revolution Hills in Rizal province; and Batulao Artscapes in Batangas, which was being developed with Century Properties.

In February 2021, Antonio stepped down from the board of Century Properties amidst a National Bureau of Investigation probe on financial woes allegations against Revolution Precrafted.[17] [18] [19] However, the complaint and investigation was later dismissed due to no probable cause.[20]

Personal life

Antonio is an art collector.[21] In 2013, his 25,000 square foot Manila home was completed. The house, which Antonio named "Stealth", was designed by Dutch architect Rem Koolhaas and includes a dedicated private gallery of portraits he has commissioned of himself by famous artists.

A profile by Vanity Fair commented on the extreme disparity between Antonio's wealth and the average income of the Philippines.[22] In a 2013 op-ed in the Manila Times, the article claimed that the Antonio family was on the Forbes list of top 40 wealthiest Filipinos and that they were not listed in the top 500 taxpayers of BIR's. The author characterized Antonio's personal spending on vanity projects and relatively modest philanthropic spending as indicative of inequality in the Philippines where the average family income in 2013 was $4,988.[23]

BIR records show that the Antonios were among the top 500 taxpayers in the Philippines in 2012[24] and 2013.[25]

He was a board director of Operation Smile Philippines when it was unveiled in 2012 by Donald Trump Jr. and Eric Trump, executive vice presidents of The Trump Organization.[26]

Notes and References

  1. Web site: Paris Hilton's work ethic praised; Google exec in town . Maurice . Arcache . Philippine Daily Inquirer . 2 September 2011.
  2. News: Robbie Antonio: Renaissance Man of the Century . Millet M. . Mananquil . 5 October 2011 . The Philippine Star.
  3. News: 14 July 2014. Century Properties' Robbie Antonio: Making his mark in real estate industry. The Philippine Star.
  4. Web site: A Lightning Rod at 91 . Francis . Morrone . 11 April 2008 . 20 September 2014.
  5. Web site: Interview with Robbie Antonio, Producer of Revolution Precrafted Properties. 5 May 2016.
  6. Web site: Meet The Man Behind The First 'Unicorn' Startup In Philippines - Valued At Over US$1B In Under 2 Years. Salim. Zafirah. 2018-05-14. Vulcan Post. en-US. 2019-12-16.
  7. Web site: Tech in Asia - Connecting Asia's startup ecosystem. www.techinasia.com. en-US. 2019-12-16.
  8. Web site: The First Unicorn. www.magzter.com. en. 2019-12-16.
  9. Web site: For Robbie Antonio, the Revolution Will Be ‘Precrafted’. www.commercialobserver.com. en. 2023-02-13.
  10. Web site: Antonio-led start-up offers licensing concepts for celebrity entrepreneurs BusinessWorld. Charm. Neil. . 10 June 2019. en-US. 2020-01-12.
  11. Web site: Pacquiao headlines new PH start-up company. ABS-CBN News. 10 June 2019. en. 2020-01-14.
  12. Web site: Manny Pacquiao endorses celebrity-curated licensing marketplace. Akhaya. Prisca. e27. en. 2020-01-14.
  13. Web site: Jinkee Pacquiao reveals her family's newest business venture. www.msn.com. 2020-01-14.
  14. Web site: Planting expressions into people's dream homes Revolution Precrafted The breath of prefabricated establishments. 2019-08-02. The CEO Magazine - India. en-GB. 2020-01-14.
  15. Web site: [Republished] DSA's two-part investigative series into Philippines' Revolution Precrafted ]. 2023-12-07 . DealStreetAsia . en.
  16. Web site: [Republished] DSA's two-part investigative series into Philippines' Revolution Precrafted ]. 2023-12-07 . DealStreetAsia . en.
  17. Web site: Tech in Asia - Connecting Asia's startup ecosystem. 2021-05-04. www.techinasia.com. en-US.
  18. Web site: Cabuag. V. G.. 2021-04-08. Century Properties names new director VG Cabuag. 2021-05-04. BusinessMirror. en-US.
  19. Web site: Dumlao-Abadilla. Doris. 2021-02-22. Robbie Antonio quits Century Properties board amid woes in separate firm. 2021-05-04. INQUIRER.net. en.
  20. Web site: 2021-11-24 . Court junks estafa case against businessman Robbie Antonio for lack of probable cause . 2022-04-19 . Manila Standard . en-US.
  21. News: Meet 20 of the World's Most Innovative Art Collectores . 29 October 2014.
  22. Loos. Ted. July 2013. The Museum of Me. Vanity Fair. 14 April 2016.
  23. News: A P1-billion 'Museum of Me'. Manila Times. 23 June 2013.
  24. News: [ftp://ftp.bir.gov.ph/webadmin1/pdf/top_500_individual_tp_ty2012.pdf Top 500 Individual Taxpayers for 2012].
  25. News: Top 500 Individual Taxpayers for 2013.
  26. Web site: What makes Donald Trump Jr. smile . Marge C. . Enriquez . Philippine Daily Inquirer . 15 August 2012.