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Thursday, October 13, 2011

JOHN GOKONGWEI ZOOMS TO THE TOP! ZOBEL DE AYALA FALLS FURTHER IN THE TOP 40 RICHEST!

Henry Sy of Mall titan SM Group remains to be the country's richest man alive with stakes in Banking and finance (BDO and China Bank) and Property Development (SM Prime, SMIC, SMDC).  He is followed a mile away by Lucio Tan whose stakes include Banking (PNB, Allied Bank), Airline (PAL), Tobacco (Fortune Tobacco) , Hard drinks ( Asia Bwerey, Tanduay Holdings), Property Development (Enton Properties)and Academe (University of the East). 


Catching the third spot is the ever controversial Digitel owner John Gokongwei which zoomed to the top beating Telecom rival Ayala Group's Jaime Zobel de Ayala (owns Globe Telecom). Gokongwei's business include Telecom (Digitel), Airline (Cebu Pacific Air), Food and Drinks (Universal Robina), Property Development (Robinsons Land), Power (JG Summit Petrochemical) and Banking (Robinsons Bank).


Here is the complete list of the Philippines' 40 Richest as published by Forbes Magazine:

1. Henry Sy - $7.2 billion
2. Lucio Tan - $2.8 billion
3. John Gokongwei, Jr. - $2.4 billion
4. Andrew Tan - $2 billion
5. David Consunji - $1.9 billion
6. Jaime Zobel de Ayala - $1.7 billion
7. Enrique Razon Jr. - $1.6 billion
8. Eduardo Cojuangco Jr. - $1.4 billion
9. Roberto Ongpin - $1.3 billion
10. George Ty - $1.1 billion
11. Tony Tan Caktiong - $1 billion
12. Inigo and Mercedes Zobel - $980 million
13. Emilio Yap - $930 million
14. Andrew Gotianun - $795 million
15. Jon Ramon Aboitiz - $760 million
16. Beatrice Campos - $685 million
17. Manuel Villar - $620 million
18. Vivian Que Azcona - $555 million
19. Robert Coyiuto Jr. - $400 million
20. Mariano Tan - $375 million
21. Alfonso Yuchengco - $370 million
22. Enrique Aboitiz - $310 million
23. Oscar Lopez - $280 million
24. Jose Antonio - $245 million
25. Eric Recto - $200 million
26. Gilberto Duavit - $190 million
27. Menardo Jimenez - $185 million
28. Alfredo Ramos - $180 million
29. Betty Ang - $165 million
30. Felipe Gozon - $163 million
31. Tomas Alcantara - $160 million
32. Benjamin Romualdez - $155 million
33. Wilfred Uytengsu, Jr. - $150 million
34. Manuel Zamora Jr. - $145 million
35. Jacinto Ng, Sr. - $115 million
36. Frederick Dy - $110 million
37. Luis Virata - $100 million
38. Bienvenido Tantoco, Sr. - $95 million
39. Eugenio Lopez III - $90 million
40. Edgar Sia II - $85 million
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