2012 Philippines Richest Families; MVP is not in the list of Wealthiest Person

Forbes Magazine released the 2012 top 40 richest Filipino individual or business tycoons in the Philippines. Henry Sy is still the undisputed highest in terms of shares and other financial records with $9.1 Billion. MVP is still not included in the list although he already acquired majority of telecommunications and businesses in the country.

Henry Sy, SM Prime Holdings Founder
Photo: Henry Sy, SM Prime Holdings Founder

The list was compiled using shareholding information and financial data obtained from the Philippine Securities and Exchange Commission, the Philippine Stock Exchange, analysts or the companies themselves. Privately held companies were valued based on comparisons to prevailing price-to-earnings or price-to-sales ratios for similar publicly traded companies. Net worths were calculated using stock prices and exchange rates.

Top 10 Richest Man and Family 2012

1. Henry Sy and family -  with $9.1 billion. Married and having 6 children. Founder of the   
    Largest Retailer in the Philippines, SM Prime Holdings.

2. Lucio Tan - with $4.5 billion. Married. 6 children. Owner of Philippine Airlines,Conrols Eton Properties Philippines, Philippine National Bank, Fortune Tobacco, Asia Brewery, Tanduay Holdings, Allied Bank, University of the East and more.

3. Enrique Razon Jr. - $3.6 billion (International Container Terminal Services)

4. John Gokongwei Jr. - with $3.2 B. Married. 6 children. Chairman of Cebu Pacific Air and Universal Robina Corporation

5. David Consunji- $2.7 billion (DMCI)

6. Andrew Tan - $2.3 billion. Married. 4 children. Runs Alliance Global Group Inc, Megaworld Corporation, Emperador Distillers Incorporation and Golden Arches Development Corporation.

7. Jaime Augusto Zobel de Ayala  and family- with $2.2 billion . Married. 7 children. President and chairman of Ayala Corporation. Currently, his son, Fernando Zobel, is president of the corporation and his eldest son, Jaime Augusto Zobel de Ayala II, holds chairman and CEO.

8. George Ty - with $1.7 billion . Married. 5 children. Founder of Metropolitan Bank and Trust Company (Metrobank) who also hold shares from Bank of the Philippine Islands (BPI) and Philippine Savings Bank(PSB)

9. Roberto Ongpin - $1.5 billion (Atok-Big Wedge)

10. Eduardo Cojuangco- with  $1.4 billion . Married. 4 children.San Miguel Corporation CEO.

Top 11- 40 Richest Man and Family 2012

11.Roberto Coyiuto Jr. - $1.3 billion (National Grid)

12.Tony Tan Caktiong - $1.25 billion (Jollibee Foods)

13.Lucio and Susan Co - $1.2 billion (Puregold Price Club)

14.Inigo and Mercedes Zobel - $1.15 billion (Ayala Corp.)

15.Emilio Yap - $1.1 billion (Philtrust Bank)

16.Jon Ramon Aboitiz - $955 million (Aboitiz Equity Ventures)

17.Andrew Gotianun - $825 million (Filinvest Development)

18.Manuel Villar - $720 million (Vista Land and Lifescapes)

19.Beatrice Campos - $700 million (Unilab)

20.Vivian Que Azcona - $690 million (Mercury Drug)

21.Alfonso Yuchengco - $570 million (Rizal Commercial Bank)

22.Mariano Tan Jr. - $420 million (Unilab)

23.Enrique Aboitiz - $400 million (Aboitiz & Co.)

24.Eric Recto - $365 million (Alphaland)

25.Jose Antonio - $300 million (Century Properties Group)

26.Gilberto Duavit - $270 million (GMA Network)

27.Menardo Jimenez - $265 million (GMA Network)

28.Frederick Dy - $260 million (Security Bank)

29.Manuel Zamora Jr. - $255 million (Nickel Asia)

30.Alfredo Ramos - $$250 million (Atlas Consolidated Mining and Development)

31.Oscar Lopez - $245 million (ABS-CBN)

32.Felipe Gozon - $240 million (GMA Network)

33.Betty Ang - $235 million (Monde Nissin)

34.Wilfred Uytengsu Jr. - $230 million (Alaska Milk)

35.Juliette Romualdez - $200 million (Banco de Oro)

36.Bienvenido Tantoco Sr. - $195 million (Rustan Commercial)

37.Jacinto Ng Sr. - $190 million (Rebisco)

38.Tomas Alcantara - $160 million (Alsons Consolidated Resources)

39.Michael Cosiquien - $150 million (Megawide Construction)

40.Edgar Sia II - $140 million (Mang Inasal)

Forbes Magazine’s Philippines Top 10 Richest 2011

1.Henry Sy -  $7.2 billion
2.Lucio Tan -$2.8 billion
3.John Gokongwei - $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 -$1.4 billion
9.Roberto Ongpin- $1.3 billion 
10.George Ty - $1.1 billion


Previous Post Next Post