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Thursday, October 29, 2009

Top 10 Richest Men in the Philippines

1. Henry Sy - born October 25, 1924) is a Chinese Filipino businessman and the founder of SM Group and chairman of SM Prime Holdings, the largest retailer and shopping mall operator in the Philippines.

2. Lucio Tan - (born July 17, 1934) is one of the most prominent business magnates in the Philippines. He owns Asia Brewery, the second largest brewery in the Philippines, Tanduay Holdings, one of the world's largest rum makers, Fortune Tobacco, the largest tobacco company in the country, Philippine Airlines the Philippines' flag carrier, (these companies are just some of the 300 companies that Tan controls).

3. Jaime Zobel de Ayala - (born 1934), also known as Jaime Zobel de Ayala, is a prominent Filipino businessman and photographer of German, Basque and Spanish descent.

4. Andrew Tan - is an entrepreneur from the Philippines who engages in real estate, liquor and fast food. According to a 2007 edition of the Forbes Magazine, Tan became the Philippines' fourth billionaire after Jaime Zobel de Ayala, Henry Sy and Lucio Tan (no relation). His fortune that year was $1.1 Billion.

5. Tony Tan Caktiong - is the founder and current Chairman and CEO of Philippine fast food chain Jollibee. He graduated from the University of Santo Tomas with a degree in chemical engineering. Caktiong had initially planned an ice cream parlor when he founded Jollibee, then subsequently added additional dishes such as hamburgers, french fries, and fried chicken.



6. John Gokongwei Jr. - (born August 11, 1926 in Gulangyu, Xiamen, Fujian Province, China) is a Chinese Filipino businessman with holdings in telecom, financial services, petrochemicals, power, aviation and hog farming.

7. Eduardo Cojuangco Jr. - (born June 10, 1935), also known as Danding Cojuangco, is the chairman of San Miguel Corporation, the largest food and beverage corporation in the Philippines and former governor of Tarlac.

8. Enrique Razon Jr. - is currently the Chairman of the Board and President of International Container Terminal Services (ICTSI), the largest corporation in the country providing container port terminal services in Manila, Subic, Batangas, General Santos City, Poland and Brazil.

9. George Ty - founded Metrobank, one of country's largest by assets. Stepped down as chairman in 2006. Son Arthur, who shares fortune, runs bank, which has lost more than half its market value since last year on worries about financial services firms.

10. Inigo & Mercedes Zobel - brother and sister inherited stakes in Ayala from late aunt Mercedes Zobel McMicking. Inigo sits on board of San Miguel and family company Mermac. Avid polo player. Mercedes helps run Enrique Zobel Foundation, named after late father, cousin of Jaime Ayala de Zobel.

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