2010 Top 40 Richest Filipinos by Forbes Magazine
Henry Sy is once again the country's wealthiest person and the year's biggest gainer.
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1. Henry Sy
Net Worth: $5 billion Age: 85 Marital Status: Married, 6 children
Henry Sy (Chinese: 施至成; pinyin: Shī Zhì chéng; born October 25, 1924) is a Chinese Filipino businessman and the founder of SM Group and chairman of SM Prime Holdings, the largest retailer and shopping mall operator in the Philippines. He earned his Associate of Arts degree in Commercial Studies at Far Eastern University in 1950. Acknowledged as the country’s "Retail King," he has come a long way from the modest shoe store he set up in Quiapo in 1946, to become Asia's biggest shopping mall operator with over 30 malls throughout the Philippines.
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2. Lucio Tan
Net Worth: $2.1 billion Age: 75 Marital Status: Married, 6 children
Lucio Tan (simplified Chinese: 陈永栽; traditional Chinese: 陳永栽; pinyin: Chén Yǒngzāi) (born July 17, 1934) is a prominent Chinese Filipino business magnate and is one of the most prominent business magnates in the Philippines. He, as of 2010, is currently the second richest businessman in the country, holding a networth of $2.1 billion.
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3. John Gokongwei Jr.
Net Worth: $1.5 billion Age: 83 Marital Status: Married, 6 children
John L. Gokongwei, Jr. (born August 11, 1926 in Gulangyu, Xiamen, Fujian Province, China) is a Chinese Filipino businessman with holdings in telecommunications, financial services, petrochemicals, power generation, aviation and live stock farming. As of 2010, Gokongwei is the third richest entrepreneur in the Philippines with a networth of $1.5 billion, ranking behind only to Lucio Tan and Henry Sy.
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4. Jaime Zobel de Ayala
Net Worth: $1.4 billion Age: 76 Marital Status: Married, 7 children
Jaime Zobel y Fitz (born 1934), also known as Jaime Zobel de Ayala, is a prominent Filipino businessman. He was the last managing partner of Ayala y Compañía in 1967 when the company changed to a corporation. He served as both president and chairman of Ayala Corporation from 1983 to 2005 (succeeding his first cousin, Enrique Zobel, when he retired as president). In 2006, he retired as chairman; he is current chairman emeritus of the corporation. His eldest son, Jaime Augusto Zobel de Ayala, is chairman and chief executive officer of Ayala while his younger son, Fernando Zobel de Ayala, is president of the corporation. Honors include: Chevalier de l’Ordre des Arts et des Lettres, France, 1980; Comendador al Mérito Civil, Spain, 1968; Doctor of Laws (honoris causa), University of the Philippines, 1991; “Management Man of the Year”, Management Association of the Philippines, 1987; Senator Award, highest honor bestowed by the Jaycees, 1986; Doctor of Business Management (honoris causa) De La Salle University, Manila, 1985; FIRST Responsible Capitalism Award Winner 2004.
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5. Andrew Tan
Net Worth: $1.2 billion Age: 58 Marital Status: Married, 4 children
Andrew L. Tan is a billionaire businessman from the Philippines who engages in real estate, liquor and fast food. His networth currently stands at $1.2 billion. Originally a poor immigrant from China, Tan was born in the Fujian province. He spent his childhood at an apartment in Hong Kong which was shared by other families and had short supply. Later, he moved to Manila where he studied accounting at University of the East. For economic reasons, he would head to school walking rather than riding on public transportation. He then graduated. During his early years in business, the government of Quezon City honored him "Businessman of the Year" for 2004.
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6. Tony Tan Caktiong
$980 million 60 Married, 3 children
Tony Tan Caktiong (Chinese: 陳覺中) is the founder and current Chairman and CEO of Philippine fast food chain Jollibee. He attended high school at Chiang Kai Shek College and graduated from the University of Santo Tomas with a degree in chemical engineering. Caktiong had initially planned an ice cream parlor when he founded Jollibee, then added dishes such as hamburgers, french fries, and fried chicken.
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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.
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8. Beatrice Campos
Net Worth: $840 million Age: NA Marital Status: Widowed, 5 children
Late husband Jose Campos cofounded 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 and Inigo Zobel.
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9. George Ty
Net Worth: $805 million Age: 77 Marital Status: Married, 5 children
George S.K. Ty is a Chinese Filipino finance tycoon. He founded Metropolitan Bank and Trust Company, currently the largest bank in terms of Assets and Capital in the Philippines. He also has stakes in the Bank of the Philippine Islands and Philippine Savings Bank, a Metrobank subsidiary. George Ty was the owner of the G.T. International Tower in Makati. He used to be a billionaire where he once had a networth of $2.2 Billion back in 1998.
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10. Eduardo Cojuangco Jr.
Net Worth: $760 million Age: 75 Marital Status: Married, 4 children
Eduardo Murphy Cojuangco, Jr. (born June 10, 1935), also known as Danding Cojuangco, is the chairman of San Miguel Corporation, the largest food and beverage corporation in the Philippines and Southeast Asia, former Philippine ambassador, and former governor of Tarlac. He was a candidate for the Philippine presidency in 1992, ultimately losing to Fidel V. Ramos. He tested the political waters in 2003, planning to run in the 2004 Presidential and Local Elections, but soon withdrew. He was a close adviser and personal friend to former President Ferdinand E. Marcos, which led him to become estranged from his cousin, Corazon Aquino, who after Marcos' ouster succeeded him as president. Cojuangco is of partial Irish, Spanish, and Chinese descent.
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11. Inigo and Mercedes Zobel |
Net Worth: $730 million |
12. David Consunji |
Net Worth: $715 million |
13. Emilio T. Yap |
Net Worth: $665 million |
14. Andrew Gotianun |
Net Worth: $500 million |
15. Vivian Que Azcona |
Net Worth: $445 million |
16. Oscar Lopez |
Net Worth: $420 million |
17. Manuel Villar |
Net Worth: $380 million |
18. Jon Ramon Aboitiz |
Net Worth: $360 million |
19. Mariano Tan |
Net Worth: $330 million |
20. Robert Coyuito, Jr. |
Net Worth: $310 million |
21. Roberto ONgpin |
Net Worth: $300 million |
22. Alfonso Yuchengco |
Net Worth: $260 million |
23. Betty Ang |
Net Worth: $165 million |
24. Enrique Aboitiz |
Net Worth: $150 million |
25. Gilberto Duavit |
Net Worth: $145 million |
26. Mynardo Jimenez |
Net Worth: $143 million |
27. Felipe Gozon |
Net Worth: $120 million |
28. Alfredo Ramos |
Net Worth: $117 million |
29. Manuel Zamora |
Net Worth: $116 million |
30. Wilfred Uytengsu, Jr. |
Net Worth: $115 million |
31. Benjamin Romualdez |
Net Worth: $110 million |
32. Wilfred King |
Net Worth: $100 million |
33. Tomas Alcantara |
Net Worth: $99 million |
34. Bienvenido Tantoco, Sr. |
Net Worth: $95 million |
35. Frederick Dy |
Net Worth: $70 million |
36. Eugenio Lopez III |
Net Worth: $68 million |
37. Lourdes Montinola |
Net Worth: $65 million |
38. Luis Virata |
Net Worth: $57 million |
39. Jesus Tambunting |
Net Worth: $55 million |
40. Philip Ang |
Net Worth: $50 million | |
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