Jul 10, 2010

The Philippines' Richest 40

The Philippines' richest are collectively worth $22.8 billion, up an impressive 39% from last year's $16.4 billion.
The Philippines is back on track. The country's economy grew by 7.3% in the first quarter of the year, its fastest pace since 2007. Consumer spending and foreign remittances, which fuel the economy, continue to rise. Benigno Aquino III's election as president hasn't disturbed the market.

The stock exchange's composite index is up 17% since last year but still off 14% from its 2007 high. The country's richest have performed even better. They're collectively worth $22.8 billion, up an impressive 39% from last year's $16.4 billion.
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Thirty-three tycoons are richer, including every one of the Philippines' top 10. 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.

Rank Name Net Worth ($mil) Age
1 Henry Sy 5,000 85
2 Lucio Tan 2,100 76
3 John Gokongwei Jr. 1,500 83
4 Jaime Zobel de Ayala 1,400 76
5 Andrew Tan 1,200 58
6 Tony Tan Caktiong 980 60
7 Enrique Razon Jr. 975 50
8 Beatrice Campos 840 NA
9 George Ty 805 77
10 Eduardo Cojuangco Jr. 760 75
11 Inigo & Mercedes Zobel 730 NA
12 David Consunji 715 89
13 Emilio Yap 665 84
14 Andrew Gotianun 500 82
15 Vivian Que Azcona 445 NA
16 Oscar Lopez 420 80
17 Manuel Villar 380 60
18 Jon Ramon Aboitiz 360 61
19 Mariano Tan 330
20 Robert Coyiuto Jr. 310 57
21 Roberto Ongpin 300 73
22 Alfonso Yuchengco 260 87
23 Betty Ang 165 NA
24 Enrique Aboitiz 150 88
25 Gilberto Duavit 145 75
26 Menardo Jimenez 143 78
27 Felipe Gozon 120 70
28 Alfredo Ramos 117 66
29 Manuel Zamora Jr. 116 70
30 Wilfred Uytengsu Jr. 115 48
31 Benjamin Romualdez 110 80
32 Wilfredo Keng 100 45
33 Tomas Alcantara 99 64
34 Bienvenido Tantoco Sr. 95 89
35 Frederick Dy 70 55
36 Eugenio Lopez III 68 58
37 Lourdes Montinola 65 81
38 Luis Virata 57 56
39 Jesus Tambunting 55 73
40 Philip Ang 50 69

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1 comment:

Kerslyn said...

Hi Beng! was here from BC Bloggers list but I cannot find the badge and the list of links of BC bloggers here in your blog.