From Selling Rejected and Overrun Shoes to the Philippines Richest Man, a Billionaire

You cannot underestimate a simple vendor on the streets.
He/she maybe the next billionaire of the country.

An ordinary man with an extraordinary thinking.
A man with a dream. This is Amazing!
The Philippines richest man.

Henry Sy & family
Net Worth: $12.7 Billion
As of August 2014

Age 89
Source Of Wealth: Diversified, Self Made
Residence: Manila, Philippines
Citizenship: Philippines
Marital Status: Married
Children 6
Education:  Bachelor of Arts / Science, Far Eastern University

Retains top spot for seventh year in a row. Richer than ever, thanks to rising share price for his SM Prime Holdings, country's largest mall operator, and Banco de Oro. Kids run things now, but Hawaiian shirt-clad Henry was once a frequent sight in malls' halls. Studied retail at father's elbow in family's convenience store. Wasn't satisfied with merely filling dad's shoes. Saved up to start footwear shop, the humble origins of retail empire.

Source: Forbes

A Chinese Filipino businessman with interests in retailing, real estate, hospitality, banking, mining, education including healthcare services. He pioneered the establishment of SM Malls, anchored by Shoemart Department Store and Supermarket earning him the title, the Philippines' Retail King. He is the chairman of SM Prime Holdings, Inc., the holding corporation for all his business interests in his vast business empire.

Source: Wikipedia

A Working Student Now a Billionaire, 2nd Philippines Richest

A working student made his way to the top of the Philippines richest man.
Mopped floors to pay for school, then became a chemical engineer.
The Philippines 2nd richest man.

Lucio Tan & family
Net Worth: $6.1 Billion
As of August 2014

Age 80
Source Of Wealth: Diversified, Self Made
Residence: Manila, Philippines
Citizenship: Philippines
Marital Status: Married
Children: 6
Education:  Bachelor of Arts / Science, Far Eastern University Lucio Tan & family on Forbes Lists

Keeps long-held red ribbon as second richest. Impressive given 32% drop in his main holding, LT Group, since last time fortunes were calculated. With roughly 45% of its revenue from cigarettes, dreary forecast for that industry coupled with black market for smokes have upset investors. Shareholders can drown their sorrows in another LT Group product; it owns brewery behind popular pale lager Beer na Beer. Mopped floors to pay for school, then became a chemical engineer.

Source: Forbes

A Chinese Filipino businessman with interests in banking, airline, liquor, tobacco and real estate industries. Tan was born on July 17, 1934, in Amoy (now Xiamen), Fujian, People's Republic of China. His parents moved to the Philippines when he was a child.

Tan earned a BS in Chemical Engineering from the Far Eastern University of Manila. Forbes asserts that Tan "worked as a janitor at a tobacco factory where he presumably also "mopped floors to pay for school." He is married and under his helm are his children of whom some may be poised to follow in his footsteps. Michael Tan currently working with Asia Brewery Inc. after being replaced by Lucio Tan Jr. who now heads the Eton Properties Inc. Timmy Tan, the self-made entrepreneur with SK Technolube Corp and La Isla Publishing Corp ranking progressively at the country's top 2013 corporations and Vivian Tan who dwells in education and low level politics.

Source: Wikipedia

International Container Terminal Services Chairman, 3rd Philippines Richest

A Filipino billionaire and the Chairman and CEO of the Manila-listed company, International Container Terminal Services, Inc. (ICTSI), the Philippine port-handling giant.
Wow! The 3rd richest man of the Philippines.

Enrique Razon, Jr.

Net Worth: $5.2 Billion
As of August 2014

Age 54
Source Of Wealth: Ports
Residence: Manila, Philippines
Citizenship: Philippines
Marital Status: Married
Children: 2

Casino chief placing a big bet on continued expansion of Solaire Resort & Casino. Solaire is adding 300 more rooms, a shopping mall and a theater. Eying future plays in Macau, Japan and Latin America. Known as Ricky to all, made first fortune not with poker tables but with ports. Inherited International Container Terminal Services, which operates ports in 22 countries, from father in 1995. In downtime find him on the links: avid golfer backs the Philippines Golf Tour.

Source: Forbes

His grandfather arrived from Spain in the early 20th century to establish Manila’s main port in South Harbor. He shares the same name as his father, Enrique Razon, who built the business through World War II.

In 1987, he inherited International Container Terminal Services, Inc, and has grown to become the largest corporation that provides container port terminal services in Manila, Subic, Batangas, General Santos City, Poland and Brazil.

In 2010, Henry Sy, Jr.’s OneTaipan acquired 100 percent of Monte Oro Resources Grid for USD350 million. The company is a partnership between Razon and Walter Brown’s A. Brown Company and owns 30 percent of the National Grid Corporations of the Philippines.

Razon invested an additional USD200 million in Bloomberry Investments Holdings, Inc. Bloomberry is just one of four gaming companies that were granted casino licenses by the Philippine Amusement and Gaming Corporation (PAGCOR) for the upcoming Entertainment City.

Also in the same year, Razon sold Manila Standard for P100 million to Leyte Rep. Martin Romualdez, whose conglomerate owns the Journal Group of Publications. Razon divested from the newspaper business after acquiring the shares of the Yuchengco family and Soriano group ten years ago to become the head of the Kamahalan Publishing Corporation and Kagitingan Printing Press, Inc.

Source: Wikipedia

Chinese Filipino billionaire into Real Estate, Liquor and Fast Food, 4th Philippines Richest

His interests are into real estate, liquor and fast food.
This man a Chinese Filipino billionaire is the country's 4th richest man.

Andrew Tan
Net Worth: $5.1 Billion
As of August 2014

Age 62
Source Of Wealth: Diversified, Self Made
Residence: Manila, Philippines
Citizenship: Philippines
Marital Status: Married
Children: 4
Education:  Bachelor of Arts / Science, Far Eastern University

Property plutocrat with large stake in Megaworld, builder of apartment complexes doubling as small cities. Big into brandy, too: His Emperador Distillers went public last year and agreed to buy Scotchmaker Whyte & Mackay for $720 million in May. Fortune also extends to 408 McDonald's restaurants in the Philippines (owns franchise via his Alliance Global conglomerate) and Resorts World Manila.

Source: Forbes

A Chinese Filipino billionaire with business interests in real estate, liquor and fast food.
Originally an 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. Later, he moved to Manila where he studied accounting at University of the East.

Source: Wikipedia

Peddling items along the streets of Cebu from his bicycle, 5th Richest Man of the Philippines

He initially supported his family by peddling items along the streets of Cebu from his bicycle.
OMG! This is one of the amazing stories to tell the world.
A street vendor made his way to billions and now the 5th richest man in the Philippines.

John Gokongwei, Jr.
Net Worth: $4.9 Billion
As of August 2014

Age 87
Source Of Wealth: Diversified
Residence: Manila, Philippines
Citizenship: Philippines
Marital Status: Married
Children 6
Education: La Salle College

Prosperity abounds at conglomerate, JG Summit Holdings, which he founded. Stock is at record highs. Another part of fortune in Robinsons Retail Holdings (department stores, supermarkets); it went public in largest Filipino IPO last year. Also has stakes in airliner Cebu Pacific, food, beverages and land.

Source: Forbes

He is the chairman of JG Summit Holdings, one of largest conglomerates in the Philippines. In 2005, his company spent $700 million of internally generated funds which was used to buy new aircraft for his airline, Cebu Pacific Air. From 2003 up to the present his telecom company Digital Telecommunications Philippines spent nearly $800 million for its mobile carrier, Sun Cellular which is the 3rd largest mobile operator in the Philippines as of 2008. He attempted a $1 billion takeover of UIC, a property giant from Singapore of which he owned in excess of 30%. UIC controls Singapore Land, one of the biggest property landlord in Singapore. Gokongwei also owns Universal Robina Corporation, one of the largest manufacturer of snacks in the Philippines. He also controls Robinsons Land one of the biggest property developers in the Philippines which also operates a chain of malls.

Source: Wikipedia

From Concrete Inspector now Philippines Billionaire, ranks 6 Philippines Richest

Working as a concrete inspector becomes the Chairman of his own Corporation made it to Billions.
Now the 6th Philippines Richest.

David Consunji
Net Worth: $3.9 Billion
As of August 2014

Age 92
Source Of Wealth: Construction, Self Made
Residence: Manila, Philippines
Citizenship: Philippines
Marital Status: Married
Children 8

Construction czar's wealth has increased with 60% rise in his DMCI Holdings' stock. Foundation for fortune: early gig as a concrete inspector. Laid real cornerstone in 1954, when he founded DMCI. It has built more than 500 buildings since. One particularly opulent offering: Taguig-based Acacia Estates. Son Isidro runs it all now; he hopes recent move into power pays off.

Source: Forbes

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 (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.

Source: Wikipilipinas

Started Business in his 20's now a Billionaire, 7th Philippines Richest

This Chinese Filipino finance tycoon is already a billionaire since 1998.
He is into the banking industry.

George Ty & family
Net Worth: $3.7 Billion
As of August 2014

Age 81
Source Of Wealth: Banking
Residence: Manila, Philippines
Citizenship: Philippines
Marital Status: Married
Children 5

Started Metropolitan Bank & Trust Co. (known as Metrobank) in his 20s. Mind for math, eye for art: each Metrobank branch was decorated with paintings he chose. Reserved, reclusive and buttoned-up. Gave up chairmanship to son, Arthur, in 2006. Family also has stakes in Toyota Motor Philippines, Philippine AXA Life Insurance.

Source: Forbes

A Chinese Filipino finance tycoon. He founded Metropolitan Bank and Trust Company, currently the second largest bank in terms of Assets and Capital in the Philippines. He also has stakes in Federal Land, Inc., 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.

Source: Wikipedia