her mother. She was very much interested in the arts and she cultivated singing. La Ilustración Filipina magazine reported on March 28, 1892 that she was invited to sing in Malacañang with other sopranos of the period. In 1898, upon the death of her husband and with her brother-in-law, Pedro Pablo Róxas (1847–1913), away in Paris, France, Ayala divested her husband's tramcar and pharmacy businesses, and various assets of Ayala y Compañia. Showing extreme astuteness, she redeployed capital into marketable securities in hotels and trade, which later boomed after the Philippine–American War and World War I. She increased the family's holdings in Banco Español Filipino, bought into The Hong Kong & Shanghai Banking Company Ltd. and invested in Hong Kong real estate. Under her stewardship, Banco Español Filipino expanded into branch banking, opening an office in Iloilo City. She funded the development of Manila's first community water system, known as the Carriedo waterworks. In 1898, she led Ayala y Compañía into its first real estate development. Upon the death of her brother-in-law Pedro Pablo Róxas in 1912, she took over his interests in Ayala y Compañia. In 1914, she gave Hacienda San Pedro de Macati to her grandchildren – Jacobo Zóbel, Alfonso Zóbel and Mercedes Zóbel (the children of her son Enrique with his first wife, Consuelo). She died in 1918 at the age of 62. Descendants Jacobo Zóbel and Trinidad de Ayala had five children – Fernando Antonio A. Zóbel (1876–1949); twins Enrique (1877–1943) and Alfonso (1877–1882); Margarita (1881–1963); and Gloria – who were the first-generation Zóbel de Ayalas. Among the children, Fernando Antonio and Enrique would assume leadership of Ayala y Compañía. Enrique's descendants would inherit Ayala y Compañía after his death in 1943. After the end of World War II, the family's fortunes would increase with the development of Hacienda San Pedro de Macati. In 1968, Ayala y Compañía shifted from a partnership to a corporation, becoming Ayala Corporation. Bloodline Domingo Róxas (1792-1843) m. Maria Saturnina Ubaldo Margarita Róxas (1826-1869) m. Antonio de Ayala (1803-1876) Camilla de Ayala m. Andres Ortiz de Zarate Carmen de Ayala (d. 1930) m. Pedro Pablo (Perico) Róxas (1847-1912) Consuelo Róxas de Ayala (1877-1908) m. Enrique Zóbel de Ayala (1877-1943) José Róxas de Ayala Margarita Róxas de Ayala m. Eduardo Soriano y Sanz Pedro Róxas de Ayala Antonio Róxas de Ayala Trinidad de Ayala (1856-1918) m. Jacobo Zóbel y Zangroniz (1842-1896) (see