Richest Philippines

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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 Coca-
Cola (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.

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