This year , 2014 , it's a good news that the wealth of the Philippines Richest on Forbes List has reached US $74 Billion. It only proves that fortunes are expanding on nations businessmen. This years list reflects 2 driving forces of our nations economy, which is the construction and consumption .
Here are the list of today's top 10 richest men in the country
1. Henry Sy & Family
Net worth : $12.7 B
Age : 90
Origin of wealth : Diversified
-Richer than ever , Henry Sy just started with his small shoe business , that grow bigger and now He became the country's leading richest man for 7 consecutive years. He is the owner of SM Prime Holdings , BDO( Banco de Oro ).He is also known as the " Retail King " .
2. Lucio Tan & Family
Net worth : $6.1 B Age : 80 Origin of wealth : Diversified
-He is a Chinese- Filipino businessman with interest in banking , liquor , airline and real-estate industries. He owns the Asia Brewery , Tanduay Holdings and Fortune Tobacco. He had also bought the Century Park Hotel , University of the East and Philippine Airlines which has joined his list of controlled Companies. His main holding is the LT Group product which owns the brewery popular pale Beer na Beer.
3. Enrique Razon Jr.
Net worth : $5.2 B Age : 54 Origin of wealth : Ports
-Chairman of International Container Terminal Services , which operates ports in 22 countries. Also owns the Solaire Resort and Casino. He also has stakes in Bloomberry Resorts and Hotels and has a basketball team which is Philippine Basketball League. He also help amateur golfs through ICTS - The Country Club program .He has a scholarship grant called " Enrique Razon Athletic Scholarship Endowment Fund."
4. Andrew Tan
Net worth : $5.1 B Age : 62 Origin of wealth : Diversified
- A Chinese-Filipino billionaire with business in realstate, liquor and fastfood. He owns the AGI, Megaworld , Which is real state corporation engaged in developing condominiums. Also owns the Emperador Distillers , Resorts World Manila , and Golden Arches Development Corporation which operates Mc Donalds franchises in the Philippines.
5. John Gokongwei Jr.
Net worth : $4.9 B Age : 87 Origin of wealth : Diversified
- He is also a Chinese-Filipino businessman with holdings in telecommunication , petro chemicals , power generation and livestock farming. His prosperity comes from JG Summit Holdings which he founded.Owns also the Robinsons Retail Holdings , department stores and supermarkets. Has also stakes in Cebu Pacific Air and Digital Telecommunications Philippines which is also known as Sun Cellular.
6. David Consunji
Net worth : $3.9 B Age : 92 Origin of wealth : Construction
He is the so called " Construction Czar " because of his DMCI Holdings. He has also served as the President of Philippine Contractors Association .
7. George Ty and Family
Net worth : $3.7 B Age : 81 Origin of wealth : Banking
-He has started the Metropolitan Bank and Trust Company ( Metrobank ) in his 20's .He has laso stakes in Federal Land Inc, and owns the GT International Tower in Makati. His family has also stakes in Toyota Motor Philippines , and Philippine AXA Life Insurance.
8.Family Aboitiz
Net worth : $3.6 B Age : - Origin of wealth : Diversified
Jon Ramon Aboitiz - is a Filipino businessman , and president of Aboitiz & Co. , Aboitiz Equity Ventures. His aboitiz power mulling has expanded in Indonesia. Rest of his fortune comes from investments in Filipino Union Bank and Pilmico Foods.
9.Jaime Zobel de Ayala
Net worth : $3.4 B Age : 80 Origin of wealth : Diversified
He is a filipino businessman , philanthropist and photographer.He is the chairman emeritus of Ayala Corporation.Healso runs the companies like BPI Bank of the Philippine Island with Ayala Corporation.
10.Tony Tan Caktiong & Family
Net worth : $2. B Age : 61 Origin of wealth : Fastfood
He is a Chinese-Filipino entrepreneur , which has prospered from selling the american style burgers in the country. He owns the Jollibee , which is now the nation's largest food joint with more than 750 branches . Also owns the Chowking and Greenwich Pizza and Pasta. He has started from only 2 ice cream parlors which he opened in 1975.
Before our country belongs to the Forbes List , We must have the total wealth earnings of $ 74 Million and up. It only proves that Filipino's can be on top among other countries. Fortunes re expanding on our nation's businessmen. Imagine how these people became so wise to have large amount of savings . They have the brain and successful goals that has guide them to reach what they are now. It also give us an idea to be inspired on what they are now and be a good example to everybody.
Guided and inspirational quotes from Henry Sy :
" There is no substitute for hard work. There is no such thing as overnight success or easy money ."
" You have to have a dream , whether big or small. Then plan , focus and work hard and be very
determined to achieve your goals."
" We believed that it is better to give one a rod to fish rather than just dole out fish to them."
