FORBES ASIA TOP 10 RICHEST IN THE PHILIPPINES for 2010

Posted under Business & Finance News on Wednesday, 7 July 2010 by pinayblogera

The list of Forbes Asia’s TOP 10 RICHEST IN THE PHILIPPINES for 2010 came out recently in the news. There are now five billionaires on this list compared to that of last year which is said to have only three.

First on the list is Henry Sy Sr. who founded the SM Group and chairman of SM Prime Holdings which is the largest retailer and shopping mall operator in the Philippines. He is worth $5 billion which compared to last year is $1.2 billion more this year.

Second on the list is Lucio Tan worth $2.1 billion and owns Fortune Tobacco, Asia Brewery, and Hong Kong-based Eton Properties.

Third on the list is first-time billionaire John Gokongwei Jr. at $1.5 billion which is twice compared to his last year’s net worth. He owns JG Summit Holdings’ group’s with budget carrier, Cebu Pacific.

The complete list of Forbes Magazine’s 40 Richest in the Philippines follows:

1. Henry Sy – US$5 billion
2. Lucio Tan – $2.1 billion
3. John Gokongwei Jr. – $1.5 billion
4. Jaime Zobel de Ayala – $1.4 billion
5. Andrew Tan – $1.2 billion
6. Tony Tan Caktiong – $980 million
7. Enrique Razon Jr. – $975 million
8. Beatrice Campos – $840 million
9. George Ty – $805 million
10. Eduardo Cojuangco Jr. – $760 million
11. Inigo and Mercedes Zobel – $ 730 million
12. David Consunji – $715 million
13. Emilio T. Yap – $665 million
14.Andrew Gotianun – $500 million
15. Vivian Que Azcona – $445 million
16. Oscar Lopez – $420 million
17. Manuel Villar – $380 million
18. Jon Ramon Aboitiz – $360 million
19. Mariano Tan – $330 million
20. Robert Coyuito, Jr. – $310 million
21. Roberto Ongpin – $300 million
22. Alfonso Yuchengco – $260 million
23. Betty Ang – $165 million
24. Enrique Aboitiz – $150 million
25. Gilberto Duavit – $145 million
26. Mynardo Jimenez – $143 million
27. Felipe Gozon – $120 million
28. Alfredo Ramos – $117 million
29. Manuel Zamora – $116 million
30. Wilfred Uytengsu, Jr. – $115 million
31. Benjamin Romualdez – $110 million
32. Wilfred King – $100 million
33. Tomas Alcantara – $99 million
34. Bienvenido Tantoco, Sr. – $95 million
35. Frederick Dy – $70 million
36. Eugenio Lopez III – $68 million
37. Lourdes Montinola – $65 million
38. Luis Virata – $57 million
39. Jesus Tambunting – $55 million
40. Philip Ang – $50 million