Monday, June 13, 2011

Top 10 richest man in the Philippines (2010)

2010 Forbes List of Richest Filipinos1. Henry Sy
2009 Rank: #1 (unchanged)
Networth: $5.0 billion
Age: 85
Marital Status: Married, 6 children

Starting with small shoe store in Manila, he built SM Prime into country’s largest mall developer. Run by son Hans, it’s expanding in China, where it will open a fourth mall later this year. Stock of his SM Investment, family’s biggest asset, up more than 25% in past year. Scrapped plans for a Las Vegas-style casino complex in Manila Bay, which was scheduled to open this year. Son Henry Sy Jr. recently bought Enrique Razon Jr.’s (No. 7) stake in power transmission company National Grid Corp. and became its president and CEO in June. Banco De Oro Unibank, country’s largest bank, is run by daughter Teresita Sy-Coson.

2010 Forbes List of Richest Filipinos2. Lucio Tan
2009 Rank: #2 (unchanged)
Networth: $2.1 billion
Age: 76
Marital Status: Married, 6 children


Owns nation’s largest cigarette maker, Fortune Tobacco, second-largest beermaker, Asia Brewery, and stake in Philippine Airlines. Biggest chunk of fortune comes from Hong Kong-based Eton Properties, which is selling land in one of its township developments to Henry Sy’s SM Prime. Much of former electrical engineer’s wealth still sequestered by the presidential commission on good government, while cases make their way through country’s court system.

2010 Forbes List of Richest Filipinos3. John Gokongwei
2009 Rank: #5 (+2)
Networth: $1.5 billion
Age: 83
Marital Status: Married, 6 children


His JG Summit Holdings outperformed market, making him a billionaire for the first time. Shares hit 2-year peak earlier this year partly on plans to list group’s budget carrier, Cebu Pacific, whose IPO subsequently got delayed. Brother James Go chairs JG Summit, son Lance is president. Group’s retail unit, Robinsons, has stores in 7 countries.

2010 Forbes List of Richest Filipinos4. Jaime Zobel de Ayala
2009 Rank: #3 (-1)
Networth: $1.4 billion
Age: 76
Marital Status: Married, 7 children


His Ayala Corp., Philippines’ largest conglomerate by market capitalization, plans to invest $1.6 billion in various projects, including power generation. Interests include real estate, hotels, financial services, telecom, utilities. While he is chairman emeritus, family stake held by his 7 children. Jaime II, eldest, is chairman, son Fernando vice chairman and president.

2010 Forbes List of Richest Filipinos5. Andrew Tan
 Rank: #4 (-1)
Networth: $1.2 billion
Age: 58
Marital Status: Married, 4 children


Son of factory worker put himself through college, worked in appliance store. Later made his first fortune in brandy. Holding company Alliance Global Group’s businesses include food and beverage, real estate, gaming. Shares up 25% from last year. Co-owns casino Resort World Manila with Genting Hong Kong.

2010 Forbes List of Richest Filipinos6. Tony Tan Caktiong
2009 Rank: #6 (unchanged)
Networth: $980 million
Age: 60
Marital Status: Married, 3 children
Founded Jollibee Foods in 1975, with an ice cream parlor. Now country’s largest fast-food company, with 700 American-style Jollibee burger outlets and numerous other brands in Asia, Middle East and the U.S. Opened its first Chowking, a Chinese food outlet, in Qatar in November; plans to expand that brand in the Middle East this year.

2010 Forbes List of Richest Filipinos7. Enrique Razon Jr.
2009 Rank: #8 (+1)
Networth: $975 million
Age: 50
Marital Status: Married, 2 children


Port operator recently sold his stake in power unit National Grid to Henry Sy Jr. Profits from sale boosted his fortune. Shares in his International Container Terminal Services, which he runs, have nearly doubled since last year on uptick in global trade. Avid golfer.

8. Beatrice Campos
2009 Rank: #13 (+5)
Networth: $840 million
Age: NA
Marital Status: Widowed, 5 children
Late husband Jose Campos cofounded drug firm Unilab, which accounts for biggest portion of family’s wealth. Also has controlling stake in Singapore-listed Del Monte Pacific, run by son Joselito, who recently invested in San Miguel Corp. with Roberto Ongpin (No. 21) and Inigo Zobel (No. 11).

2010 Forbes List of Richest Filipinos9. George Ty
2009 Rank: #10 (+1)
Networth: $805 million
Age: 77
Marital Status: Married, 5 children


Founded Metrobank, country’s second-largest lender, in his 20s. Profits at the bank, which son Arthur now chairs, were up nearly a third in first quarter. Holds almost 40% of the bank with his children. Metrobank Foundation, which he created nearly 30 years ago, supports health care, art and education projects.

2010 Forbes List of Richest Filipinos10. Eduardo Cojuangco Jr.
2009 Rank: #7 (-3)
Networth: $760 million
Age: 75
Marital Status: Married, 4 children
Recently sold an option to buy out his stake in San Miguel Corp., one of Asia’s largest food and beverage companies, to Top Frontier, an investor group led by Roberto Ongpin (No. 21). Surprise move sparked rumors of his ill health, but he remains chief executive.

for more info: click here

Thursday, February 18, 2010

(2009) Philippines’ 40 Richest People

1 Henry Sy
2 Lucio Tan
3 Jaime Zobel de Ayala
4 Andrew Tan
5 John Gokongwei
6 Tony Tan Caktiong
7 Eduardo Cojuangco Jr.
8 Enrique Razon Jr.
9 Manuel Villar
10 George Ty
11 Emilio Yap
12 Inigo & Mercedes Zobel
13 Beatrice Campos
14 Vivian Que Azcona
15 Oscar Lopez
16 Andrew Gotianun
17 David Consunji
18 Robert Coyiuto Jr.
19 Alfonso Yuchengco
20 Mariano Tan
21 Menardo Jimenez
22 Gilberto M. Duavit
23 Felipe Gozon
24 Jon Ramon Aboitiz
25 Betty Ang
26 Alfredo Ramos
27 Manuel Zamora Jr.
28 Bienvenido R. Tantoco Sr.
29 Tomas Alcantara
30 Benjamin Romualdez
31 Wilfred Uytengsu Sr.
32 Lourdes Montinola
33 Luis Virata 56 55
34 Eugenio Lopez III
35 Enrique Aboitiz
36 Philip Ang
37 Jesus Tambunting
38 Frederick Dy
39 Rolando & Rosalinda Hortaleza
40 Marian Rosario Fong

source: mukamo

Wednesday, February 17, 2010

2008 top 40 richest man in the philippines

1. Henry Sy
$4 billion
 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
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
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
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 Coca-Cola (nyse: KO - news - people ) Bottlers. Company denies allegations.

5. George Ty
$830 million
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
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
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
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
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
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.

11. Enrique Razon Jr.
$285 million
Married. 2 children.
Chairs International Container Terminal Services, which family cofounded in 1987. Group operates 9 port terminals, including 4 in the Philippines and 1 each in Brazil, Poland, Japan, Indonesia, Madagascar. In July won concession to operate terminal in Syria.

12. Andrew Gotianun
$280 million
Married. 4 children.
Founded consumer finance group Filinvest 1955; eventually moved into property. Remains chairman emeritus of Filinvest Development; son Jonathan chairman; daughter Lourdes Josephine G. Yap president.

13. Enrique Aboitiz
$275 million
Married. 7 children.
Heads family conglomerate with interests in 60 companies in banking, food, logistics. Runs nation's largest private network of ferries and buses.

14. Alfonso Yuchengco
$225 million
Father, Enrique, set up insurance group 1930s. Alfonso took over 1946, diversified into banking, construction, education. Empire now reportedly includes 40 mostly private companies. Yuchengco served as ambassador to China and Japan. In February announced that eldest daughter, Helen Yuchengco Dee, would succeed him.

15. Menardo Jimenez
$210 million
With 2 partners, took control of GMA Network, founded by an American war correspondent, in 1970s. Overhauled media group, adding local programming to stable of overseas programs. Now country's second largest. Former GMA chief executive sits on board of Cojuangco's San Miguel.

16. Gilberto Duavit Jr.
$210 million
Executive vice president and chief operating officer of GMA Network. He and family own 35% of group, expected to finally go public next year.

17. Ramon del Rosario Jr.
$205 million
Married. 4 children.
Chief executive of Philippine Investment-Management (Phinma), cofounded by his father. Served for one year as nation's secretary of finance. Known as RRR (Ramon R. del Rosario), this Harvard M.B.A. was recently elected chairman of the prominent Makati Business Club. Has big interest in education, pushing Phinma into investing in colleges. Also chairs board of advisers of the Ramon V. del Rosario, Sr. Center for Corporate Responsibility.

18. Felipe Gozon
$180 million
Part of triumvirate that took over GMA Network in the 1970s. Remains chairman and chief executive of GMA, which has 46 VHF stations and 26 radio stations.

19. Beatrice Campos
$160 million
Widowed. 5 children.
Low-profile widow of Jose Campos, who died in May. He was one of the cofounders of United Laboratories (Unilab), nation's largest pharmaceuticals maker. Secretive group is one of nation's largest private firms.

20. Luis J.L. Virata
$150 million
Investment banker made headlines in 1999 when he briefly stepped in as chief executive of then nearly bankrupt Philippine Airlines, replacing Lucio Tan. His family is now a major shareholder in Nickel Asia, the Philippines' largest nickel producer. Company's plans to go public this fall were reportedly canceled because of poor pricing.

21. David M. Consunji
$145 million
Married. 8 children.
Started out making chicken coops in 1954; eventually grew business into one of the largest construction firms. Chairs DMCI group, which has built such landmarks as the Manila Doctor's Hospital and Manila Hotel. Son Isidro is chief executive, daughter Edwina treasurer. Group's coal subsidiary, Semirara Mining Corp., is nation's largest.

22. Bienvenido R. Tantoco Sr.
$140 million
From Cartier to Tiffany (nyse: TIF - news - people ), the Tantocos bring life's luxuries to Filipinos through their Rustan retail empire. Tantoco Sr., who has served as Philippine ambassador to the Vatican, chairs the group, which has interests in malls and supermarkets; son Bienvenido R. Tantoco Jr. is president.

23. Betty Ang
$115 million
President of privately held Monde Nissin, maker of instant noodles, biscuits and snack foods, founded in 1979. Brands include Lucky Me!, Monde and Bingo.

24. Manuel Villar
$110 million
on of a shrimp vendor, grew up in a Manila slum. Started off with a couple of trucks to haul gravel to construction sites. Big break in 1983 when market crashed: bought up large numbers of abandoned projects on the cheap. Today his C&P Homes is a leading developer, specializing in affordable housing. Currently a senator in the national congress.

25. Mariano Tan
$100 million
Opened a small drugstore in Manila in 1945; helped transform it into Unilab, which makes more than 300 types of medicine. Tan and 4 relatives still hold large stake.

26. Rolando & Rosalinda Hortaleza
$90 million
Newlyweds started personal-care business in 1985 with $240, operating out of 270-square-foot apartment. Big break came two years later when they introduced a popular, affordable hair spray. Today he is chief executive and chairman of their company, Splash, which has $56 million in sales from such items as shampoo, hand lotion and massage oil. Bestselling brands include Extraderm and Skin White. Rosalinda is chairwoman and chief executive of subsidiary HBC chain of retail stores.

27. Oscar Hilado
$85 million
Married. 3 children.
Chairman of Phinma. Was Smith Mundt/Fulbright scholar at Harvard Business School. Said to be an eternal optimist who enjoys picnics.

28. Vivian Que Azcona
$80 million
Her father sold drugs from a pushcart, eventually opening a store in 1945 and pioneering many services such as selling drugs in small doses, known as "tingi tingi," that were more affordable to the masses. Family's Mercury Drug, which Que Azcona now runs, is country's largest drugstore chain with 500 locations.

29. Manuel Zamora
$75 million
Chairman and cofounder of Nickel Asia, Philippines' largest nickel producer, formed in early 2006 to consolidate ownership of several related companies. Plans to take group public this fall were shelved. A lawyer by training, also director of Philippine companies Philex Mining Corp. and CLSA Exchange Capital.

30. Magdaleno Albarracin Jr.
$73 million
Married. 1 child.
Nicknamed "Mag," known as a cement-industry pioneer. Remains chairman emeritus of Philippine Cement Manufacturers Association. Chief executive of Holcim Philippines, a joint venture between Phinma and Holcim of Germany, and vice chairman of Phinma. Got M.B.A. from Harvard Business School. Avid tennis player.

31. Jesus Tambunting
$70 million
Married. 4 children.
His family known for chain of pawnshops, but this Tambunting has no connection to that business. Instead, he took control of Planters Development Bank, the nation's biggest private lender to small and midsize companies. Briefly listed before being taken private again during the Asian crisis. Bank recently launched private equity fund with British-Norwegian joint venture to invest in small and midsize companies. Tambunting, who shares fortune with siblings, served as Philippines ambassador to the U.K. and still likes to use the title "Ambassador."

32. Frederick Dy
$65 million
Married. 3 children.
Took control of Security Bank (nasdaq: SBKC - news - people ), founded 55 years ago, in early 1989; listed it in 1995. Largest individual shareholder, benefiting from recent run-up in its stock.

33. Tomas Alcantara
$60 million
Single.
Father, Conrado, got start, according to lore, with $100, a jeep and a typewriter. Today Tomas is chairman of the family's listed holding company, Alsons, named reportedly for Alcantra and sons, with interests in power, property and distribution. Shares fortune with several relatives. Has an interest in art and M.B.A. from New York City's Columbia University.

34. Lourdes Montinola
$50 million
Father, Niconar Reyes, founded Far Eastern University 1928. Lourdes served as sixth president from 1970 to 1989; now head of the board of trustees. Also its largest shareholder.

35. Salvador Zamora
$45 million
Brother of Manuel (No. 29), Salvador is chief executive and cofounder of Nickel Asia, which has interests in 6 mines. President of its subsidiaries, Taganito Mining Corp., Hinatuan Mining Corp. HMC and Cagdianao Mining Corp. since 1980, 1987 and 1997, respectively. Also chief executive of Montreal Entertainment (Phils.) Inc., a private entertainment company, and director of Baguio Leisure Corp., a resort and hotel operator.

36. Antonio Roxas
$40 million
Family founded one of nation's first sugar mills 1927. Today Roxas chairman emeritus of Roxas Holdings, nation's largest producer of raw sugar and second-largest refiner of raw sugar.

37. Wilfred Steven Uytengsu Sr.
$38 million
Married. 3 children.
Chairs Alaska Milk Corp., which was founded as a partnership between a Dutch milk company and his General Milling Corp. in 1972. Now the nation's leading provider of milk. Son Wilfred Jr. is now group's president. AMC recently gained rights to distribute Kellogg (nyse: K - news - people )'s cereal products, helping diversify its business and boost profits in the latest quarter. Firm also owns the Alaska Aces, a contender in the Philippines Basketball Association league.

38. Philip T. Ang
$35 million
Vice chairman of Taganito Mining Corp. and a business associate of Zamora family, holds stake in Nickel Asia.

39. Marixi Prieto
$30 million
Married. 5 children.
Family is majority owner of Philippine Daily Inquirer. Newspaper claims to have 2.7 million readers, up from 30,000 when it was founded in 1985, partly to provide an alternative to that era's 3 government-owned papers. Marixi is chairman; daughter Alexandra Prieto-Romualdez is chief executive.

40. Manuel Pangilinan
$25 million
Single.
Expatriate is chief executive of Hong Kong's First Pacific Company Ltd. (other-otc: FPAFF.PK - news - people ), which owns major stakes in Philippine Long Distance Telephone (nyse: PHI - news - people ) and Indonesian noodlemaker Indofood, controlled by Indonesia's wealthy Salim family. Loves badminton; well-known tournament named after him.

source: forbes

Tuesday, February 16, 2010

2007 Top Ten richest man in the Philippines

1. Jaime Zobel De Ayala - 73 year old
  networth : $2 billion
patriach of Ayala Corporation. Maried with 7 children and his children now hold his wealth with his eldest son Jaime II as chief executive.

2. Henry Sy & family - 85 years old
  networth : $1.7 Billion
One of the Taipans in Philippine Business. He formed the Philippines’ second largest bank after the merger of Equitable PCI and Banco de Oro. He is married with 6 children. He owns the Philippines’ shopping mall developer SM Prime Holdings.

3. Lucio Tan & Family- 73 years old
 networth : $1.6 billion
As a kid he mops floors to pay for school tution. Eventually he became a chemical engineer who now owns the nation’s largest cigette manufacturing company, Fortune Tobacco as well as Philippine Airlines. Tan is believed to be a former ally of the late president Marcos. with 6 children. He also called LT and used as an example in many network marketing meetings in topics showing the difference between an employee and an employer.

4. Andrew Tan 
 networth : $1.1 billion.
Andrew was a son of a factory worker. He even walks miles on his way to school since cannot afford the fare. Now he is the president of Megaworld Corporation. He is now included in the list of Filipino billionaires.

5. Manny Villar
 networth : $940 Million
Manuel “Manny” Bamba Villar, Jr. currently the nation’s Senate President. In early childhood, he grew up in slum areas as a hardworkingson of a shrimp vendor. He is the founder of Camella Homes and now he is the largest shareholder of Vista Land & Lifescapes Inc. Manny is married with 3 children.

6. George Ty - 74 years old
 networth : $870 Million
He is the founder of Metropolitan Bank and Trust popularly known as Metrobank. He also has stakes in the BPI and Philippine Savings Bank. Now, he develops luxury condominiums in Mandaluyong teaming up with John Gokongwei. His Toyota Motor Philippines is the country’s No. 1 vehicle in all of vehicle sales categories supplying almost half of the Philippines’ cars and trucks. married with child children. .

7. Andrew Gotianun
  networth : $860 Million
Andrew controls Filinvest Development Corp which holds 70% of Filinvest Land, and East West Bank. he started early in life salvaging World War II ships and later on branched into car financing. He is married and  has 2 children.

8. Enrique Razon Jr. - 47 years old
 networth : $820 Million
He is the president and chairman of International Container Terminal Holdings, Inc., International Container Terminal Services Inc. and Sureste Realty Corp. He is married with 2 children.

9. Tony Tan Caktiong & family - 57 years old
 networth :  $790 Million
Founder of Jollibee Foods Corporation who later aquired Greenwich, Chowking, Red Ribbon and the latest, Hongzhuangyuan a 33-branched food chain in China. married with 3children.

10. Oscar Lopez & family - 77 years old
  networth : $775 Million
married with 8 children and He is the chairman of Lopez Group Foundation, Inc. He also controls a stake in ABS-CBN Foundation.

source: pinoybusiness