Professional Documents
Culture Documents
Richest Philippines
Richest Philippines
Richest Philippines
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.
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.
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.