Forbes Magazine’s Year 2011 List of Filipino Billionaires

Here are the new list of Pinoys who were included in Forbes magazine’s latest statistics in wealthiest people in the Philippines. This year there are eleven of them:


1. HENRY SY
Networth: $7.2 billion
Age: 86
Marital Status: Married, 6 children


Owns SM retail-chain of store’s in the country. SM Prime, the Philippines’ largest shopping mall developer, run by son Hans, plans to list its China operations. Shares in SM Investment, family’s largest asset, up nearly 40%. Banco de Oro Unibank, country’s largest bank, run by daughter Teresita Sy-Coson. Listed property developer Belle Corp., expected to open its first casino in Manila in2012.

2. LUCIO TAN
Networth: $2.8 billion
Age: 77
Marital Status: Married, 6 children

His biggest asset, Hong Kong-based Eton Properties, is enjoying a big boost in property values. Has taken in PAL Holdings, which controls the Philippine Airlines. He also owns Fortune Tobacco, the largest tobacco company in the country.

3. JOHN GOKONGWEI JR.
Networth: $2.4 billion
Age: 83
Marital Status: Married, 6 children

He founded JG Summit Holdings which line of business includes airlines (Cebu Air), telecoms, real estate, banking, hotels and power generation.

4. ANDREW TAN
Networth: $2.0 billion
Age: 58
Marital Status: Married, 4 children

He owns Alliance Global, a holding company which business includes food and beverages, real estate and gaming. Another firm he owns, FDC Utilities is a power
generation company where his wife is a member of the board.

5. DAVID CONSUNJI
Networth: $1.8 billion
Age: 90
Marital Status: Married, 8 children

He was the major stockholder of DMCI Holdings and Semirara Mining. He also owns a construction company which expanded into infrastructure, real estate, mining, and power.




6. JAIME ZOBEL DE AYALA
Networth: $1.7 billion
Age: 77
Marital Status: Married, 7 children

Chairman of Ayala Corporation. Interests include real estate, hotels, financial services, telecom, utilities.

7. INRIQUE RAZON JR.
Networth: $1.6 billion
Age: 51
Marital Status: Married, 2 children

Controls the operation of International Container Terminal Services Incorporated.

8. EDUARDO COJUANGCO JR.
Networth: $1.4 billion
Age: 76
Marital Status: Married, 4 children

Manages San Miguel food and beverage company.

9. ROBERTO ONGPIN
Networth: $1.3 billion
Age: 74
Marital Status: Married, 4 children

He has investments in property, mining and telecom.

10. GEORGE TY
Networth: $1.1 billion
Age: 78
Marital Status: Married, 5 children

He owns Metropolitan Banking and Trust Corporation and Federal Land.

11. TONY TAN CAKTIONG
Networth: $1.0 billion
Age: 58
Marital Status: Married, 3 children

The founder of Jollibee Foods which now has 2,300 branches worldwide. He bought Mang Inasal from Edgar Sia II. He planned to put up a factory in China to supply Jollibee outlets there.