CITY OF MALOLOS — Pampanga billionaire and business visionary Liberato “Levy” Laus, founder and chair of the LausGroup of Companies, died in a helicopter crash on Thursday, police said. Development advocacyOne of the proponents of countryside development, Laus took that advocacy to heart since Corazon Aquino rose to the presidency in 1986 by investing in northern and Central Luzon. In 1978, despite a rising career in the banking industry, Laus left his job as a bank manager to put up a small automotive dealership—with meager capital and just three cars on display. His CarWorld showroom in San Fernando was once used as a meeting place and stock room for Pinatubo-related works. Laus also served as chair of the San Fernando Pampanga Heritage Foundation (SFPHF).

Source: Philippine Daily Inquirer April 25, 2019 21:33 UTC