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

Filipino Hemp Traders, Billionaire and 8th Philippines Richest

They made money in the 19th-century as hemp traders.
From that to Aboitiz Power, Aboitiz Equity Ventures, Union Bank, Pilmico Foods.

Wow! This is another diversified sources of income.

Family Aboitiz
Net Worth: $3.6 Billion
As of August 2014

Source Of Wealth: Diversified
Residence: Philippines
Citizenship: Philippines

Clan of power players, with its Aboitiz Power mulling expansion into Indonesia. Company generates and distributes power. Rest of fortune largely comes from Aboitiz Equity Ventures, with investments in businesses like Filipino UnionBank and flour-and-feed producer Pilmico Foods. The first Aboitizes made money as 19th-century hemp traders. Fortune formerly listed under Enrique and his nephew Jon Ramon, the current chairman.

Source: Forbes

A Filipino businessman, and the president of the Aboitiz & Co., and Aboitiz Equity Ventures Inc., part of the Aboitiz Group.
He started with the Aboitiz Group in 1970, after graduating from the University of Santa Clara, California with a B.S. Commerce, major in Management. From a manager he became its president in 1976 and in 1991 became president of Aboitiz & Co. of the Aboitiz Shipping Corp.

He now holds various positions in the Aboitiz Group, including chairman and chief executive officer (CEO) of Davao Light & Power Co., Inc., chairman of Veco and Aboitiz Jebsen Bulk Transport Corp., and director of Hapag-Lloyd Phils., Cotabato Ice Plant Inc. and Bukidnon Hydropower Corp.

Aboitiz also serves as trustee of the Ramon Aboitiz Foundation Inc., the Aboitiz Group Foundation Inc. and the Association of Philippine Foundations, and is a member of the Board of Advisors, Washington Sycip Policy Forum at the Asian Institute of Management.

Source: Wikipedia

Billionaire Art Photographer, 9th Philippines Richest

An art photographer to a businessman made it the top of the Philippines richest.
A prominent Filipino businessman, philanthropist and art photographer. He is the chairman emeritus of Ayala Corporation.

Jaime Zobel de Ayala & family
Net Worth: $3.4 Billion
As of August 2014

Age 80
Source Of Wealth: Diversified
Residence: Manila, Philippines
Citizenship: Philippines
Marital Status: Married
Children 7
Education: De La Salle University; Harvard University

The 180-year-old Ayala Corp. is run by a clan of corporate aristocrats. Modern expansion was started by Jaime's grandfather, who pushed the tribe into banking, real estate and hotels. Patriarch Don Jaime is a renaissance man: Harvard architecture student, world-class photographer, former diplomat. Ran companies like Bank of the Philippine Islands, which Ayala Corp. still owns. He has handed reins to his children: Jaime II is chairman, Fernando is president and chief operating officer.

Source: Forbes

After early education in the Philippines, Zóbel attended Harvard University, where he graduated in 1957 with a Bachelor of Arts in architectural sciences. He attended the Advanced Management Program in the Far East, conducted by the Faculty from the Harvard Graduate School of Business Administration in Baguio, Philippines in 1963.
Zóbel joined the Camera Club of the Philippines in the mid-1970s and began taking photography more seriously.[3] He is the first Filipino amateur photographer to be confirmed “Licentiate” by the Royal Photographic Society and has received similar commendations from the French and Spanish governments for his contributions to art and culture. He exhibits regularly in the Philippines and abroad and has produced several critically acclaimed books. He continues to break new ground in art photography with explorations in various art media.

Source: Wikipedia