{"id":7506,"date":"2016-08-26T16:08:35","date_gmt":"2016-08-26T08:08:35","guid":{"rendered":"http:\/\/primer.com.ph\/blog\/?p=7506"},"modified":"2016-08-26T16:53:26","modified_gmt":"2016-08-26T08:53:26","slug":"the-ph-billionaires-club-grows-forbes-50-richest-filipinos","status":"publish","type":"post","link":"https:\/\/primer.com.ph\/blog\/2016\/08\/26\/the-ph-billionaires-club-grows-forbes-50-richest-filipinos\/","title":{"rendered":"The PH Billionaires club grows: Forbes\u2019 50 Richest Filipinos"},"content":{"rendered":"

Top business magazine Forbes just named their 50 Richest Filipinos<\/a>, and it features a record number of billionaires: 21.<\/span><\/p>\n

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\"Print\"<\/p>\n

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Some of the most recognizable names are:<\/span><\/p>\n

\u25cf SM Investment Corp. owner Henry Sy at number 1, with a net worth of $13.7 billion<\/span><\/p>\n

\u25cf JG Summit Holdings, Inc. Chairman Emiritus John Gokongwei, Jr. at number 2, worth $6.8 billion<\/span><\/p>\n

\u25cf LT Group head Lucio Tan at number 4, with $4.9 billion<\/span><\/p>\n

\u25cf Jaime Zobel de Ayala and his family at number 7, with a net worth of $4.1 billion<\/span><\/p>\n

\u25cf Vista Land and Lifescapes Inc. founder Manuel Villar at number 12 with $1.84 billion<\/span><\/p>\n

\u25cf Ramon S. Ang of San Miguel Corp. at number 16 with $1.21 billion<\/span><\/p>\n

Others who made the list were the heirs of the late Andrew Gotianun, head of Filinvest Development, Tony Tan Caktiong of Jollibee Foods Corp., and his partner Edgar J. Sia II, a newcomer and Forbes\u2019 biggest winner in terms of percentage.<\/span><\/p>\n

Sia\u2019s net worth doubled thanks to fast-rising DoubleDragon Properties, a mall and residence developer that he and Tan Caktiong own, though they have their original fortune set in Jollibee Foods Corp.<\/span><\/p>\n

Husband and wife Lucio and Susan Co of Puregold Price Club also made the list at number 11 with a net worth of $2 billion. They have nearly 300 stores and are planning to put up an additional 25, making them the country\u2019s second-largest food retailer.<\/span><\/p>\n

According to the Forbes report, at least 5 of the 50 richest are invested in Ramon Ang\u2019s San Miguel, one of the country\u2019s oldest conglomerates. The list also includes 21 billionaires, up from last year\u2019s 17. To see the full list, please click here<\/a>.<\/span><\/p>\n

\u00a0<\/span><\/p>\n

Source: <\/em>Forbes<\/em><\/a>, <\/em>Philstar.com<\/em><\/a>, <\/em>BusinessWorld<\/em><\/a>, <\/em>Inquirer.net<\/em><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Top business magazine Forbes just named their 50 Richest Filipinos, and it features a record number of billionaires: 21.     Some of the most recognizable names are: \u25cf SM Investment Corp. owner Henry Sy at number 1, with a net worth of $13.7 billion \u25cf JG Summit Holdings, Inc. Chairman Emiritus John Gokongwei, Jr. at number 2, worth $6.8 billion \u25cf LT Group head Lucio Tan at number 4, with $4.9 billion \u25cf Jaime Zobel de Ayala and his family at number 7, with a net worth of $4.1 billion \u25cf Vista Land and Lifescapes Inc. founder Manuel Villar at number 12 with $1.84 billion \u25cf Ramon S. Ang […]<\/p>\n","protected":false},"author":3,"featured_media":7516,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":["post-7506","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-current-events"],"acf":[],"jetpack_featured_media_url":"https:\/\/primer.com.ph\/blog\/wp-content\/uploads\/sites\/14\/2016\/08\/The-richest-Pinoys2-e1472200573263.jpg","_links":{"self":[{"href":"https:\/\/primer.com.ph\/blog\/wp-json\/wp\/v2\/posts\/7506","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=7506"}],"version-history":[{"count":5,"href":"https:\/\/primer.com.ph\/blog\/wp-json\/wp\/v2\/posts\/7506\/revisions"}],"predecessor-version":[{"id":7520,"href":"https:\/\/primer.com.ph\/blog\/wp-json\/wp\/v2\/posts\/7506\/revisions\/7520"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/primer.com.ph\/blog\/wp-json\/wp\/v2\/media\/7516"}],"wp:attachment":[{"href":"https:\/\/primer.com.ph\/blog\/wp-json\/wp\/v2\/media?parent=7506"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/primer.com.ph\/blog\/wp-json\/wp\/v2\/categories?post=7506"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/primer.com.ph\/blog\/wp-json\/wp\/v2\/tags?post=7506"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}