Richest Philippines

  • May 2020
  • PDF

This document was uploaded by user and they confirmed that they have the permission to share it. If you are author or own the copyright of this book, please report to us by using this DMCA report form. Report DMCA


Overview

Download & View Richest Philippines as PDF for free.

More details

  • Words: 489
  • Pages: 2
1. Henry Sy $4 billion 82. Married. 6 children. Philippines' leading retailer opened his biggest mall yet in May on Manila's waterfront. Now on verge of becoming nation's second-largest banker, once merger with his Banco de Oro and Equitable PCI is finalized ( Click here for story). 2. Lucio Tan $2.3 billion 72. Married. 6 children. The Filipino-Chinese magnate made his fortune from a variety of sources, including tobacco and beer. Also owns Philippine Airlines. With Hong Kong property portfolio, cashed in on booming Asian real estate market. 3. Jaime Augusto Zobel de Ayala $2 billion 72. Married. 7 children. Patriarch (otcbb: PRRH.OB - news - people ) of Ayala Corp., Philippines' oldest conglomerate, founded in 1834. Interests in real estate, water, telecom. Officially retired in April, though sons Jaime Jr. and Fernando have run daily operations for the past decade. 4. Eduardo Cojuangco $840 million 71. Married. 4 children. Known as "Danding." Shares of San Miguel Corp., the food and beverage group he chairs, briefly suspended in November, after alleged inflation of sales figures of its CocaCola (nyse: KO - news - people ) Bottlers. Company denies allegations. 5. George Ty $830 million 74. Married. 5 children. Founder and chairman of Metrobank, one of the Philippines' largest financial institutions with branches in Asia, U.S. and Europe. Known to wear suit and tie to office every day. May soon relax a bit: founder handed over chairmanship earlier this year. 6. John Gokongwei Jr. $700 million 80. Married. 6 children.

Lived on street at age 13 after wealthy father died. Peddled thread, soap, candles during World War II. Later founded JG Summit, a conglomerate with telecom, property, food, airline and textiles interests, that is celebrating fiftieth anniversary this year. Chairman emeritus, leaves daily operations to son Lance, who is president. 7. Tony Tan Caktiong $575 million 53. Married. 3 children. Got start with 2 ice cream parlors; soon switched to hamburgers. Today his fast-food group Jollibee, which he still runs, has almost 1,500 locations operating under 6 brands. Also 167 restaurants abroad, including 100-plus in China. Plans to open locations on U.S.' East Coast and in Las Vegas, and to enter India next year. 8. Andrew Tan $480 million 57. Married. 4 children. Chairs Megaworld Corp., large real estate company known for its Manila complexes that integrate office, residential and commercial units. Now developing technology parks. Just broke ground on a new Marriott hotel in Newport City. 9. Emilio Yap $350 million 81. Married. Controls Manila Bulletin, one of the nation's oldest and largest dailies. Hands-on chairman reportedly approves story lineups. Has investment in historic Manila Hotel. Son Enrique helps run the business. 10. Oscar Lopez $315 million 76. Harvard grad heads family holding company Lopez Inc., which has controlling stake in ABS-CBN Broadcasting Corp., founded by late father, Eugenio. Now nation's largest media group, run by late brother's son, Eugenio III. Group also has interests in power generation, construction.

Related Documents

Richest Philippines
May 2020 6
Forbes Richest
May 2020 12
Philippines
December 2019 16
Philippines
November 2019 18
Philippines
May 2020 18
Philippines
November 2019 10