{"id":23117,"date":"2017-11-18T08:58:07","date_gmt":"2017-11-18T00:58:07","guid":{"rendered":"http:\/\/primer.com.ph\/blog\/?p=23117"},"modified":"2017-11-17T15:08:57","modified_gmt":"2017-11-17T07:08:57","slug":"sy-zobel-in-forbes-list-of-asias-richest-families-2017","status":"publish","type":"post","link":"https:\/\/primer.com.ph\/blog\/2017\/11\/18\/sy-zobel-in-forbes-list-of-asias-richest-families-2017\/","title":{"rendered":"Sy, Zobel in Forbes&#8217; list of Asia&#8217;s Richest Families 2017"},"content":{"rendered":"<p style=\"text-align: justify\">Two Filipino families once again claim their spots in the Asia&#8217;s Richest Families 2017 list by Forbes.<\/p>\n<p style=\"text-align: justify\">With a net worth of $20.1 billion, the Sy family went up to the 9th spot from being on the 12th last year. Their net worth also saw an increase from last year&#8217;s $12.8 billion. The family owns the country&#8217;s largest retail and property conglomerate, SM Investments Corporation.<\/p>\n<p style=\"text-align: justify\"><em>Also read: <a href=\"https:\/\/primer.com.ph\/business\/2015\/12\/27\/success-story-henry-sy-sr\/\" target=\"_blank\">Success Story: Henry Sy Sr.<\/a><\/em><\/p>\n<p style=\"text-align: center\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-23121\" src=\"https:\/\/primer.com.ph\/blog\/wp-content\/uploads\/sites\/14\/2017\/11\/Tatang.jpg\" alt=\"\" width=\"636\" height=\"639\" srcset=\"https:\/\/primer.com.ph\/blog\/wp-content\/uploads\/sites\/14\/2017\/11\/Tatang.jpg 636w, https:\/\/primer.com.ph\/blog\/wp-content\/uploads\/sites\/14\/2017\/11\/Tatang-300x300.jpg 300w, https:\/\/primer.com.ph\/blog\/wp-content\/uploads\/sites\/14\/2017\/11\/Tatang-90x90.jpg 90w\" sizes=\"auto, (max-width: 636px) 100vw, 636px\" \/><span style=\"font-size: 10pt\"><em>Henry Sy, Sr., founder of SM Group and Chairman Emeritus of SM Investments Corp. \/IMAGE SM Prime website<\/em><\/span><\/p>\n<p style=\"text-align: justify\">While their net worth went up from $5.1 billion last year to $6.13 billion, the Zobel family didn&#8217;t see a rise in the rankings this year. From being the 37th richest in 2016, the family behind Ayala Corporation landed on the 43rd spot this year.<\/p>\n<p style=\"text-align: center\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-23122\" src=\"https:\/\/primer.com.ph\/blog\/wp-content\/uploads\/sites\/14\/2017\/11\/373694380722907041-744x1128.one-half.jpg\" alt=\"\" width=\"462\" height=\"700\" srcset=\"https:\/\/primer.com.ph\/blog\/wp-content\/uploads\/sites\/14\/2017\/11\/373694380722907041-744x1128.one-half.jpg 462w, https:\/\/primer.com.ph\/blog\/wp-content\/uploads\/sites\/14\/2017\/11\/373694380722907041-744x1128.one-half-198x300.jpg 198w\" sizes=\"auto, (max-width: 462px) 100vw, 462px\" \/><\/p>\n<p style=\"text-align: center\"><span style=\"font-size: 10pt\"><em>Jaime Zobel de Ayala, <\/em><em>Chairman<\/em><em> and CEO of Ayala Corporation \/IMAGE Eisenhower Fellowships website<\/em><\/span><\/p>\n<p style=\"text-align: left\"><em>Also read: <a href=\"https:\/\/primer.com.ph\/business\/2016\/07\/14\/the-empire-that-started-it-all-the-ayala-success-story\/\" target=\"_blank\">The Empire that Started it All: The Ayala Success Story<\/a><\/em><\/p>\n<p style=\"text-align: justify\">India&#8217;s Ambani family, which controls Indian telecom, power, and finance conglomerate Reliance Group, topped the list with a net worth of $44.8 billion.<\/p>\n<p style=\"text-align: justify\">The Korean clan behind Samsung Electronics, the Lee family went down to being the 2nd richest family in Asia with a net worth of $40.8 billion.<\/p>\n<p style=\"text-align: justify\">Here&#8217;s the list of Forbes&#8217; ten richest families in Asia along with their net worth:<\/p>\n<p style=\"text-align: justify\">1. Ambani family, India, $44.8 billion<br \/>\n2. Lee family , South Korea, $40.8 billion<br \/>\n3. Kwok family, Hong Kong, $40.4 billion<br \/>\n4. Chearavanont family, Thailand, $36.6 billion<br \/>\n5. R. Budi &amp; Michael Hartono, Indonesia, $32 billion<br \/>\n6. Lee (Shau Kee) family, $29 billion<br \/>\n7. Kwek family, Malaysia, $23.3 billion<br \/>\n8. Cheng family, Hong Kong, $22.5 billion<br \/>\n9. Sy family, Philippines, $20.1 billion<br \/>\n10. Chirathivat family, Thailand, $19.3 billion<\/p>\n<hr \/>\n<p style=\"text-align: justify\"><span style=\"font-size: 10pt\"><em>Sources: <a href=\"https:\/\/www.forbes.com\/asia-families\/list\/#tab:overall\">Forbes website<\/a>, <a href=\"http:\/\/news.abs-cbn.com\/business\/11\/15\/17\/sy-zobel-families-among-asias-50-richest-families-forbes\">ABS-CBN News<\/a>, <a href=\"https:\/\/business.inquirer.net\/240823\/sy-zobel-remain-forbes-50-richest-families-asia-richest-family-forbes-magazine-sy-zobel\">Inquirer.net<\/a>, <a href=\"http:\/\/www.philstar.com\/headlines\/2017\/11\/16\/1759439\/asias-richest-sy-ayala-clans-top-50\">PhilStar<\/a><br \/>\nImages grabbed from: <a href=\"http:\/\/www.smprime.com\/henry-sy-sr\">SM Prime Website<\/a>, <a href=\"https:\/\/www.efworld.org\/about-us\/trustees\/jaime-zobel-de-ayala\">Eisenhower Fellowships website<\/a><\/em><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Two Filipino families once again claim their spots in the Asia&#8217;s Richest Families 2017 list by Forbes.<\/p>\n","protected":false},"author":3,"featured_media":23124,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[1137,4459,2857,2265,4461,4460,4458],"class_list":["post-23117","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-current-events","tag-ayala","tag-ayala-corporation","tag-henry-sy","tag-jaime-zobel-de-ayala","tag-sm-group","tag-sm-investments","tag-sy"],"acf":[],"jetpack_featured_media_url":"https:\/\/primer.com.ph\/blog\/wp-content\/uploads\/sites\/14\/2017\/11\/page-1.jpg","_links":{"self":[{"href":"https:\/\/primer.com.ph\/blog\/wp-json\/wp\/v2\/posts\/23117","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/primer.com.ph\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/primer.com.ph\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/primer.com.ph\/blog\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/primer.com.ph\/blog\/wp-json\/wp\/v2\/comments?post=23117"}],"version-history":[{"count":6,"href":"https:\/\/primer.com.ph\/blog\/wp-json\/wp\/v2\/posts\/23117\/revisions"}],"predecessor-version":[{"id":23129,"href":"https:\/\/primer.com.ph\/blog\/wp-json\/wp\/v2\/posts\/23117\/revisions\/23129"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/primer.com.ph\/blog\/wp-json\/wp\/v2\/media\/23124"}],"wp:attachment":[{"href":"https:\/\/primer.com.ph\/blog\/wp-json\/wp\/v2\/media?parent=23117"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/primer.com.ph\/blog\/wp-json\/wp\/v2\/categories?post=23117"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/primer.com.ph\/blog\/wp-json\/wp\/v2\/tags?post=23117"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}