Asymmetric multicomponent reactions toward optically pure compounds are highly attractive but extremely challenging. Presented herein is a highly diastereo-and enantioselective three-component cyclization of exocyclic alkenes with aldehydes and amino esters, which was enabled by bifunctional phosphonium salt catalysts. A wide range of multiply substituted spiro pyrrolidine derivatives were prepared in high yields with excellent stereoselectivities. Of note, this is the first example of a catalytic asymmetric three-component reaction with a phase-transfer catalysis system.C hiral N-heterocycles, especially highly substituted optically pure spiro-pyrrolidine derivates, occupy a privileged position in organic and diversity-oriented synthesis, because they are core structural elements prevalent in numberous important biological activities, including pharmaceuticals and natural alkaloids (Scheme 1). 1,2 Not surprisingly, a consid-