Thursday, November 25, 2010

Top 10 pinoy richest men in 2010

1.Henry Sy
Net Worth: $5 billion
Age: 85
Marital Status: Married, 6 children  
 Henry Sy is once again the country's wealthiest person and the year's biggest gainer. His net worth is $5 billion, up from $3.8 billion in 2009, mostly due to the 28% rise in the stock of his main holding company, SM Investments. 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.


2. Lucio Tan
Net Worth: $2.1 billion
Age: 76
Marital Status: Married, 6 children
Lucio Tan maintain his title as the country's second wealthiest person and the year's second biggest gainer. He 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.


3. John Gokongwei Jr.
Net Worth: $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.


4. Jaime Zobel de Ayala
Net Worth: $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.


5. Andrew Tan
Net Worth: $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.


6. Tony Tan Caktiong
Net Worth: $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.


7. Enrique Razon Jr.
Net Worth: $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
Net Worth: $840 million
Age: N.A
Marital Status: 
Widowed, 5 children   
Late husband Jose Campos co-founded 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). 


9. George Ty
Net Worth: $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. 


10. Eduardo Cojuangco Jr.
Net Worth: $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.



Source: Forbes.com






BERNARD M. CADELIÑA
Net Worth: undisclosed
Age: 33
Marital Status: Married to a beautiful wife, 1 beautiful daughter
Hello fellows, you might already know these people, but allow me to share to you again, because i am really inspired by these remarkable people in our country. I believe that one way to inspire or encourage us to be like them is to know them more deeply, on how they start and how they were able to made it. For that allow me also to share to you and let us learn together from their success story and their humble beginning. We will not only rate or rank them base on their net worth but also to their being, on how and what have they become as a person. Real wealth or to be truly rich is not only about money, properties and investments. Real wealth is everything. One must be wealthy in all aspect of life: Spiritual, Mental, Emotional, Physical and financially to be truly rich. You can be called poor if you only have one or few of these aspect, you must have it all. As my mentor had said that real wealth is about Relationship; our relationship with God, relationship with our family, relatives, friends and to all the people that surrounds us. Folks join me to my journey to reveal the secrets of life.

Be remarkable,
Bernard