1.Henry Sy
Net Worth: $7.2 billion
Age: 86
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.
Net Worth: $7.2 billion
Age: 86
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: $2.8 billion
Age: 77
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.
Net Worth: $2.8 billion
Age: 77
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: $2.4 billion
Age: 84
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.
Net Worth: $2.4 billion
Age: 84
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. Andrew Tan Net Worth: $2 billion
Age: 59
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.
5. David Consunji
Net Worth: $1.9 billion
Age:
Marital Status: Married
Net Worth: $1.9 billion
Age:
Marital Status: Married
David Consunji is the Chairman of the Board of DMCI Holdings Inc., a company engaged in general construction services and in various construction component businesses, such as the production and trading of concrete products and electrical and foundation works in the Philippines. He is also the Chairman of the Board of Semirara Mining Corp..
After working as a concrete inspector, David Consunji founded D.M. Cosunji, Incorporated in 1954 and has become its Chairman since. He has also served as Chairman of Semirara Mining Corporation(PSE: SCC) (formerly known as Semirara Coal Corporation), Dacon Corporation, Freyssinet Philippines, Incorporated and Asia Industries Inc. In 1995, he established the DMCI Holdings, Incorporated to consolidate the businesses.
He also served as the President of the Philippine Contractors Association, International Federation of Asian & Western Pacific Contractors' Association, Philippine Institute of Civil Engineers and Vice-President of the Confederation of International Contractors' Association. Aside from these organizations, he was also the Chairman of the Contractors Association, the Philippine Domestic Construction Board and the U.P Engineering Research and Development Foundation
He also served as the President of the Philippine Contractors Association, International Federation of Asian & Western Pacific Contractors' Association, Philippine Institute of Civil Engineers and Vice-President of the Confederation of International Contractors' Association. Aside from these organizations, he was also the Chairman of the Contractors Association, the Philippine Domestic Construction Board and the U.P Engineering Research and Development Foundation
6. Jaime Zobel de Ayala
Net Worth: $1.7 billion
Age: 77
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.
Net Worth: $1.7 billion
Age: 77
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.
7. Enrique Razon Jr.
Net Worth: $1.6 billion
Age: 51
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.
Age: 51
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. Eduardo Cojuangco Jr.
Net Worth: $1.4 billion
Age: 76
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. Age: 76
Marital Status: Married, 4 children
9. Roberto Ongpin Net Worth: $1.3 billion
Age:
Marital Status: Married
Roberto Ongpin is presently Deputy Chairman of the South China Morning Post (Hong Kong), Director of Shangri-La Asia (Hong Kong), Petron Corporation, Araneta Properties, Inc., San Miguel Corporation as well as Chairman of Acentic GmbH, PhilWeb Corporation, ISM Communications Corporation, Eastern Telecommunications Philippines, Inc., Alphaland Corporation, Atok-Big Wedge Co., Inc. and Developing Countries Investment Corporation. He was former Chairman and Managing Partner of SyCip Gorres Velayo & Co. and served as Minister of Trade and Industry of the Republic of the Philippines from 1979 to 1986. He is a Certified Public Accountant and has an MBA from Harvard Business School. Age:
Marital Status: Married
10. George Ty
Net Worth: $1.1 billion
Age: 78
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. Age: 78
Marital Status: Married, 5 children
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 M. Cadelina
Be remarkable,
Bernard M. Cadelina
The Dreamer
