40 Richest Filipinos


Who said that Philippines is a poor country ?  However, seeing this guys’ total assets proves that the Philippines isn’t a poor country.

  1. Jaime Zobel De Ayala – $2 billion, 72, Married with 7 children

      - Former president and chairman of Ayala Corporation. He retired as chairman of Ayala in year 2006. His eldest son, Jaime Augusto Zobel de Ayala II is now the chairman and chief executive officer of Ayala while his younger son, Fernando Zobel is president of the corporation.

  1. Henry Sy – $1.7 billion, 82, Married with 6 children

 - founder and chairman of SM Prime Holdings, the largest retailing corporation in the Philippines. Merge Banco de Oro with Equitable PCI forming the country’s 2nd largest bank.

  1. Lucio Tan – $1.6 billion, 73, Married with 6 children

 - Owns Fortune Tobacco, nation’s largest cigarette maker and Philippines Airlines.

  1. Andrew Tan – $1.1 billion, 55, Married with  4 children

-  Created wealth out of three major businesses—property, liquor and fast-food restaurants. Tan consolidated them under a single holding company, Alliance Global Group Inc. (AGI). AGI owns 45 % of Megaworld, 100 % of Emperador Distillers Inc., and 49 % of Golden Arches, the franchisee of McDonald’s in the Philippines.

  1. Manuel Villar – $940 million, 57, Married with 3 children

-  Senate President (the third highest ranking official of the Philippines) and largest shareholder in real estate firm Vista Land.

  1. George Ty – $870 million, 74, Married with 5 children

-     He is a Filipino-Chinese Tycoon and the Founder of Metropolitan Bank and Trust Company. His eldest son Arthur, is now the chairman of the bank. He also has stakes in the Bank of the Philippine Islands and Philippine Savings Bank, a Metrobank subsidiary.

  1. Andrew Gotianun – $860 million, 79, Married wit 2 children

-  Spent his teenage years salvaging ships in the Visayas to supplement the family income during and after the Second World War. Main companies are public real estate firms, Filinvest Development, Filinvest Land; also privately held East West Bank. Going into biofuels; bought 2 sugar mills and a plantation in June in a deal worth $215 million. His children Jonathan and Josephine run daily operations; Gotianun chairman emeritus.

  1. Enrique Razon Jr.- $820 million, 47, Married with 2 children

- Chairman and President of International Container Terminal Services, Inc.; ICTSI Ltd., International Container Terminal Holdings, Inc.; Razon Industries, Inc.; and Sureste Realty Corp. Has operations in 9 countries including the Philippines, China, Ecuador.

  1. Tony Tan Caktiong – $790 million, 57, Married with 3 children

- Founder and current Chairman and CEO of Jollibee Foods Corporation. He was named the Entrepreneur Of the Year (EOY) in the Philippines.

  1. Oscar Lopez  - $775 million, 77, Married with 8 children

- He is the chairman and CEO of Benpres Holdings Corp., the holding company of the Lopez group. Chairman of the Lopez Inc. media group, which controls ABS-CBN Broadcasting. He was cited in the Forbes Magazine’s February 2008 edition as one of the 48 Asian Altruist. He was also the 1st Filipino Businessman to receive the Officer’s Cross of the Order of Merit of the Federal Republic of Germany (2005).

  1. Vivian Que Azcona- $670 Million

- She is the president of Mercury Drug, the nation’s largest drugstore chain with more than 500 outlets.

  1. Mercedes & Iñigo Zobel – $660 million

- Children of late Enrique Zobel, cousin of Jaime Ayala de Zobel (1), inherited their stakes in Ayala from late aunt, family matriarch Mercedes Zobel McMicking. Inigo sits on San Miguel’s board and runs one of nation’s largest mango exporters. Mercedes helps run Enrique Zobel Foundation.

  1. Eduardo Cojuangco Jr. – $540 million, 72, Married with 4 children

- He is the chairman of San Miguel Corporation, the largest food and beverage corporation in the Philippines.

  1. Emilio Yap – $445 million,  81, Married

- He is the owner of Manila Hotel, newspaper owner Family-Ownership-and-Murdoch , Malaya, The National newspaper. He is the chairman of Centro Escolar University.

  1. John Gokungwei Jr. – $430 million, 81, Married with 6 children

- He is the chairman of JG Summit holdings, whose subsidiaries include Cebu Pacific Air, Digital Telecommunications Philippines Inc., First Private Power Corp., JG Summit Petrochemical Corp., Litton Mills Inc., Robinsons Land Corp., Robinsons Savings Bank, Sun Cellular, United Industrial Corp. and URC.

  1. Enrique Aboitiz – $375 million, 85, Married with  7 children

-  President and chief executive officer of WG&A

  1. Alfonso Yuchengco – $365 million, 84

- He is the chairman of Yuchengco Group of Companies (Great Pacific Life Assurance Corporation (GREPALIFE), Lifetime Plans, Inc., Bankard, Inc., Pan Malayan Management and Investment Corporation, Pan Malayan Travel and Tours, Pan Pacific Computer Center, Inc., YGC Corporate Services, Inc., Rizal Commercial Banking Corporation (RCBC), RCBC Savings Bank, House of Investments, Malayan Insurance Company, Inc., The First Nationwide Assurance Corporation, Malayan Reinsurance Corporation, Malayan Zurich Insurance Company, Inc., Tokio Marine Malayan Insurance Co. Inc., EEI Corporation, Nippon Life Philippines, AY Foundation, Honda Cars Quezon City, Honda Cars Manila, Mapua Institute of Technology, Manila Memorial Park, First Malayan Leasing and Finance Corp. )

  1. Beatrice Campos – $220 million, widowed with 5 children

- Her late husband, Jose Campos, was one of the co-founders of United Laboratories.

  1. David Consunji – $210 million, 86, Married with 8 children

- Founder of DM Consunji Construction. (A strong player in the local construction industry.)

  1. Luis Virata – $200 million, 53, Married with 3 children

- President of  UEM-MARA Philippines Corporation .

  1. Gilbert Duavit Jr. – $191 million, 43

- President of media group GMA Network.

  1. Menardo Jimenez – $190 million

- He is the head for wireless consumer division of Smart Communications. Executive vice-president of Philippine Long Distance Telephone (PLDT)

  1. Felipe Gozon – $165 million, 67, Married with 3 children

- Chairman  of GMA-7.

  1. Mariano Tan – $140 million

- Started small drugstore in Manila and helped transform it to drugmaker Unilab.

  1. Ramon Del Rosario Jr. – $137 million, 63, Married with 6 children

- President of Philippine Investment Management (PHINMA), Inc.

  1. Ronaldo & Rosalinda Hortaleza – $137 million, 63, Married with 6 children

- Splash Corporation (HBC/Hortaleza)

  1. Manuel Zamora – $105 million, 68, Married with 5 children

- Chairman of Nickel Asia.

  1. Betty Ang – $100 million

- President of Monde Nissin.

  1. Tomas Alcantara – $90 million, 61

- Former Trade Secretary.

  1. Frederick Dy – $70 million, 51, Married with 3 children

- President of  the Security Bank

  1. Wilfred Steven Uytengco Sr. – $60 million, 80, Married with 3 children

- Chairman of Alaska Corporation.

  1. SalvadorZamora – $55 million, 61, Married with 2 children

- Chief executive of Nickel Asia.

  1. Oscar Hilado – $51 million, 69, Married with 3 children

- Chairman of the Phinma group, the Philippines‘ biggest cement maker.

  1. Philip Ang – $50 million, 66

- Business associate of Zamora family (27 and 32) owns stake in Nickel Asia.

  1. Magdaleno Albarracin Jr. – $49 million, 71

- Vice chairman of Phinma Group

  1. Jesus Tambunting – $47million,70, Married with 4 children

- President of the Planters Development Bank (PDB).

  1. Antonio Roxas – $36 million, 35

- Chairman emeritus of Roxas Holdings.

  1. Manuel Pangilinan – $35 million, 61

- PLDT chairman.

  1. Marixi Ufino-Prieto – $33 million, 67, Married with 5 children

-Philippine Daily Inquirer chairman.

  1. Lourdes Montinola – $30 million, 79

- Far Eastern University (FEU) Chairperson.