Hipólito de Villegas y Fernández Manzanares (13 August 1761 – 12 April 1838) was a Chilean political figure, who participated actively in the war of independence in that country, and served as its first Minister of Finance.

Villegas was born in Buenos Aires, Argentina, but his family moved to Chile when he was very young.

On September 25, 1811, he was elected deputy for "Coquimbo" to the first National Congress, to replace Marcos Gallo, who was a known royalist, and he went on to become Vice President of the Assembly on November 22.

He finally returned to Chile with the army in 1817, and was appointed Minister of Finance by Bernardo O'Higgins, a position he held from February 18, 1817, until March 30, 1818.

He was again elected a deputy, this time for "Huasco", in 1823, but resigned a month later after the exile of O'Higgins.