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

2010 Philippines Richest Man_Richest Filipinos

Henry Sy Sr., whose wealth was primarily fueled by the success of SM shopping malls, is the richest mast in the Philippines for the second year in a row, according to Forbes magazine’s survey on the 40 richest Filipinos for 2010.

The mall mogul’s net worth rose to $5 billion in the Forbes 2010 survey from $3.8 billion a year earlier.

Sy ranks 201st in the 2010 list of 1,011 billionaires of the world, that according to Forbes dropped from 1,125 in 2008.

The 85-year-old patriarch of the Sy family made $8 million more in terms of net worth since Forbes came up with World's Billionaires list in March 2010.

Lucio Tan, owner of Philippine National Bank, Asia Brewery, Tanduay Holdings, Fortune Tobacco and Philippine Airlines Inc. ranked second with a net worth of $2.1billion, up by $4 million from the magazine’s 2009 list.

In third spot is first time billionaire John Gokongwei Jr. whose net worth of $1.5billion in the 2010 survey more than doubled over his 2009 net worth of $720 million. The 83-year-old Gokongwei holds interests in telecom, financial services, petrochemicals, power, and hog farming.

Jaime Zobel de Ayala is the fourth richest man in the Philippines, with a net worth that rose to $1.4 billion from $1.2billion.

The CEO of Ayala Land Inc. was knocked over the third place by Gokongwei.

In fifth place is Andrew Tan of Alliance Global Group. The entrepreneur has a net worth of $1.2billion from $850 million.

Restaurant chain magnate Tony Tan Caktiong, who owns 1,500 Jollibee stores in the Philippines and abroad, ranks sixth with a net worth of $980 million.

The seventh richest man is Enrique Razon Jr. with $975million. His International Container Terminal Services Inc. operates in nine countries, including China, Ecuador, and Philippines.

Beatrice Campos, one of three women who made it to the Forbes list of richest Filipinos, has $840 million to occupy the eight place.

Her year-on-year net worth grew by more than 50 percent or $430 million.

George Ty, the financial tycoon, ranks ninth $805 million.

The founder of Metropolitan Bank and Trust Co. earned $290million since the list was made a year earlier.

Wrapping up the 10 wealthiest Filipinos is Eduardo Cojuanco Jr., whose net worth grew by $100 million to $760million.

Source: Yahoo News

There must be a secret in their lifestyles.  What is it?  Some of them are from rugs to riches.  You have to know their secrets in money handling, their investment secrets, money management, property management and their life's perspective.

They are the ones who take risks.  Some says, the winners are those risk takers.  The most successful people are the one's who fail and never give up.  They are the ones who applied the principle: Ready, Fire, and Aim.

Now its your time to get Ready and Fire Immediately and then Aim, Aim and Aim.