1. Henry Sy & family
Networth: $3.1 billion
Age: 83
Marital Status: Married, 6 children
His SM Prime Holdings is the Philippines’ largest shopping mall developer. Controls Banco de Oro (BDO), the nation’s second-largest bank. Owns stakes in a dozen other companies.
2. Lucio Tan & family Age: 74
Marital Status: Married, 6 children
Former chemical engineer from China who mopped floors to pay for school. Owns Fortune Tobacco, nation’s largest cigarette maker; Philippines Airlines, country’s leading airline; Asia Brewery, maker of beer and alcoholic beverages; and mining operations.
Networth: $1.2 billion
Age: 74
Marital Status: Married, 7 children
Personally holds no shares; wealth now in children’s hands. Jaime is chairman emeritus of the country’s largest conglomerate, Ayala Corporation while eldest son, Jaime Augusto, is chief executive. Holdings include Globe Telecom, Ayala Land, Bank of the Philippine Islands, and several other real estate and BPO companies.
Networth: $700 million
Age: 57
Marital Status: Married, 4 children
Son of Chinese factory worker who walked to college campus because he couldn’t afford bus fare. Put himself through university in part by working as a salesman in a watch store. His holding company Alliance Global owns shares in the Philippine franchise of McDonald’s; the maker of local best-selling brandy, Emperador; and property developer, Megaworld.
5. Tony Tan Caktiong & family Networth: $690 million
Age: 58
Marital Status: Married, 3 children
Owner of fast-food king Jollibee, now with more than 1,600 locations and 8 brands in 9 countries. After buying out partner in Shanghai fast-food chain Yonghe King and acquiring Chinese restaurant chain Hongzhuangyuan in 2007, it is set for further expansion in China after successfully borrowing $100 million in 2008.
6. John Gokongwei Jr. & family - $680 million, 81 years old
7. Eduardo Cojuangco Jr. - $610 million, 73 years old
8. Enrique Razon Jr. - $525 million, 48 years old
9. George Ty & family - $435 million, 75 years old
10. Inigo & Mercedes Zobel - $430 million
11. Manuel Villar - $425 million, 58 years old
12. Emilio Yap & family - $420 million, 82 years old
13. Vivian Que Azcona & family - $360 million
14. Beatrice Campos & family - $325 million
15. Luis Virata - $270 million, 54 years old
16. Oscar Lopez & family - $240 million, 78 years old
17. Andrew Gotianun - $235 million, 80 years old
18. Alfonso Yuchengco & family - $200 million, 85 years old
19. Mariano Tan & family - $195 million
20. Manuel Zamora - $130 million, 69 years old
21. Menardo Jimenez & family - $129 million, 76 years old
22. Gilberto Duavit & family - $127 million, 73 years old
23. Alfredo Ramos - $126 million, 64 years old
24. Jon Ramon Aboitiz & family - $125 million, 59 years old
25. Felipe Gozon & family - $110 million, 68 years old
26. David Consunji & family - $105 million, 87 years old
27. Rolando & Rosalinda Hortaleza - $90 million, 49/51 years old
28. Eugenio Lopez III & family - $85 million, 56 years old
29. Betty Ang - $80 million
30. Tomas Alcantara & family - $75 million, 62 years old
31. Lourdes Montinola & family $68 million, 80 years old
32. Salvador Zamora - $67 million, 62 years old
33. Philip Ang - $63 million, 67 years old
34. Wilfred Steven Uytengsu Sr. & family - $55 million, 81 years old
35. Enrique Aboitiz & family - $50 million, 86 years old
36. Frederick Dy - $49 million, 53 years old
37. Bienvenido R. Tantoco Sr. & family - $45 million, 87 years old
38. Jesus Tambunting - $40 million, 71 years old
39. Manuel Pangilinan - $39 million, 62 years old
40. Marixi Rufino-Prieto & family - $30 million, 68 years old
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many are billionaires here in our country while our government is still corrupt? most of them are Chinese. should we be happy about that?
I don't think so. Life is really unfair (sometimes) especially here in our country. Sad to say but true. :(