Puregold Founder Philippine richest people

The current growth of this retail chain with more than 200 stores nationwide made the founder to be at the 12th richest man in the Philippines.

Distribution has a lot of money.

Lucio and Susan Co
Net Worth: $1.7 Billion
As of August 2014

Age 59
Source Of Wealth: Retailing, Self Made
Residence: Manila, Philippines
Citizenship: Philippines
Marital Status: Married
Children 3

Struck gold with the Puregold Price Club, known for its hypermarkets. Planning to open smaller stores now, too. Other business interests span gaming, hotels, wine distribution, property, energy.

Source: Forbes

In 2012, Puregold acquired Kareila Management Corp., which owns S&R Membership Shopping and Parco. Over 19 operating outlets were purchased and converted to Puregold. The shareholders of the retail chain Puregold have approved the merger of the other two operating units into the parent company, consolidating Puregold's supermarket businesses under the publicly listed supermarket operator.

Source: Wikipedia