2008 Top 40 Richest Filipinos in the Philippines
Posted on October 16th, 2008
Forbes.com released their list of the Top 40 Richest People in the Philippines for 2008. Compared to last 2007’s list (The Top 10 Richest in the Philippines for 2007), this 2008, twenty five jumped down from the rank. We cannot exclude the worldwide financial turmoil as one of the reasons. The richest man last year (2007) was Jaime Zobel De Ayala which was down this year as the third. Henry Sy and Lucio Tan ranks the first and second consecutively.
Here are the Top 40 Richest in the Philippines for 2008.
Henry Sy & family
Founder of the Largest Retailer in the Philippines, SM Prime Holdings
2008 Rank: 1
2007 Rank: 2
Rank increased by 1 level
Net Worth 2008: US$ 3.1 billion
Net Worth 2007: US$ 1.7 billion
Net Worth increased by US$ 1.4 billion
Age: 83
Lucio Tan & family
Conrols Eton Properties Philippines, Philippine National Bank, Fortune Tobacco, Asia Brewery, Tanduay Holdings, Philippine Airlines, Allied Bank, the Philippines, University of the East and more
2008 Rank: 2
2007 Rank: 3
Rank increased by 1 level
Net Worth 2008: US$ 1.5 billion
Net Worth 2007: US$ 1.6 billion
Net Worth decreased by US$ 100 million
Age: 74
Jaime Zobel de Ayala & family
From 1984 to 1994, he is the president and chairman of Ayala Corporation. Currently, his son, Fernando Zobel, is president of the corporation and his eldest son, Jaime Augusto Zobel de Ayala II, holds chairman and CEO
2008 Rank: 3
2007 Rank: 1
Rank decreased by 2 levels
Net Worth 2008: US$ 1.2 billion
Net Worth 2007: US$ 2 billion
Net Worth decreased by US$ 800 million
Age: 74
Andrew Tan
He runs companies such as Alliance Global Group Inc, Megaworld Corporation, Emperador Distillers Incorporation and Golden Arches Development Corporation
2008 Rank: 4
2007 Rank: 4
Net Worth 2008: US$ 700 million
Net Worth 2007: US$ 1.1 billion
Net Worth decreased by US$ 400 million
Age: 57
Tony Tan Caktiong & family
Founder and Chief Executive Officer of Jollibee
2008 Rank: 5
2007 Rank: 9
Rank increased by 4 levels
Net Worth 2008: US$ 690 million
Net Worth 2007: US$ 790 million
Net Worth decreased by US$ 100 million
Age: 58
John Gokongwei Jr. & family
Chairman of JG Summit Holdings and controls companies such as Cebu Pacific Air and Universal Robina Corporation
2008 Rank: 6
2007 Rank: 15
Rank increased by 9 levels
Net Worth 2008: US$ 680 million
Net Worth 2007: US$ 430 million
Net Worth increased by US$ 250 million
Age: 81
Eduardo Cojuangco Jr.
CEO of San Miguel Corporation
2008 Rank: 7
2007 Rank: 13
Rank increased by 6 levels
Net Worth 2008: US$ 610 million
Net Worth 2007: US$ 540 million
Net Worth increased by US$ 70 million
Age: 73
Enrique Razon Jr.
President and Chairman of ICTSI (International Container Terminal Services)
2008 Rank: 8
2007 Rank: 8
Net Worth 2008: US$ 525 million
Net Worth 2007: US$ 820 million
Net Worth decreased by US$ 295 million
Age: 48
George Ty & family
Founder of Metropolitan Bank and Trust Company (Metrobank) who also hold shares from Bank of the Philippine Islands (BPI) and Philippine Savings Bank(PSB)
2008 Rank: 9
2007 Rank: 6
Rank decreased by 3 levels
Net Worth 2008: US$ 435 million
Net Worth 2007: US$ 870 million
Net Worth decreased by US$ 435 million
Age: 75
Inigo & Mercedes Zobel
He is the chairman of Business World Publishing, chairman and president of E. Zobel, Inc., director of Mermac, Inc., president of Ayala International España, and president of Diamond Star Agro Products, Inc.
2008 Rank: 10
2007 Rank: 12
Rank increased by 2 levels
Net Worth 2008: US$ 430 million
Net Worth 2007: US$ 660 million
Net Worth decreased by US$ 230 million
Manuel Villar
He is currently Senate President of the Philippines who established Palmera and Camella Homes.
2008 Rank: 11
2007 Rank: 5
Rank decreased by 6 levels
Net Worth 2008: US$ 425 million
Net Worth 2007: US$ 940 million
Net Worth decreased by US$ 515 million
Age: 58
Emilio Yap & family
Holds and runs Manila Hotel Corporation, USAUTOCO, Inc., Philtrust Realty Corporation, Philtrust Bank, Manila Bulletin Publishing Corporation, U.S. Automotive Co., Inc., Philippine President Lines Inc. and Centro Escolar University (CEU)
2008 Rank: 12
2007 Rank: 14
Rank increased by 2 levels
Net Worth 2008: US$ 420 million
Net Worth 2007: US$ 445 million
Net Worth decreased by US$ 25 million
Age: 82
Vivian Que Azcona & family
President of Mercury Drug, the Philippines’leading drugstore
2008 Rank: 13
2007 Rank: 11
Rank decreased by 2 levels
Net Worth 2008: US$ 360 million
Net Worth 2007: US$ 670 million
Net Worth decreased by US$ 310 million
Beatrice Campos & family
Widow of Jose Campos who is one of the co-founders of United Laboratories (Unilab)
2008 Rank: 14
2007 Rank: 18
Rank increased by 4 levels
Net Worth 2008: US$ 325 million
Net Worth 2007: US$ 220 million
Net Worth increased by US$ 105 million
Luis Virata
Chairman of CLSA Exchange Capital Inc. and owns half of Nickel Asia.
2008 Rank: 15
2007 Rank: 20
Rank increased by 5 levels
Net Worth 2008: US$ 270 million
Net Worth 2007: US$ 200 million
Net Worth increased by US$ 70 million
Age: 54
Oscar Lopez & family
Controls a stake at ABS-CBN Broadcasting
2008 Rank: 16
2007 Rank: 10
Rank decreased by 6 levels
Net Worth 2008: US$ 240 million
Net Worth 2007: US$ 775 million
Net Worth decreased by US$ 535 million
Age: 78
Andrew Gotianun
Runs Filinvest Development Corporation and East West Bank
2008 Rank: 17
2007 Rank: 7
Rank decreased by 10 levels
Net Worth 2008: US$ 235 million
Net Worth 2007: US$ 860 million
Net Worth decreased by US$ 625 million
Age: 80
Alfonso Yuchengco & family
Chairs of Rizal Commercial Banking Corporation, Mapua Institute of Technology and the Yuchengco Group of Companies
2008 Rank: 18
2007 Rank: 17
Rank decreased by 1 level
Net Worth 2008: US$ 200 million
Net Worth 2007: US$ 365 million
Net Worth decreased by US$ 165 million
Age: 85
Mariano Tan & family
Holds stakes at UNILAB
2008 Rank: 19
2007 Rank: 24
Rank increased by 5 levels
Net Worth 2008: US$ 195 million
Net Worth 2007: US$ 140 million
Net Worth increased by US$ 55 million
Manuel Zamora
Nickel Asia Chairman
2008 Rank: 20
2007 Rank: 27
Rank increased by 7 levels
Net Worth 2008: US$ 130 million
Net Worth 2007: US$ 105 million
Net Worth increased by US$ 25 million
Age: 69
Menardo Jimenez & family
PLDT’s Retail business group Senior Vice president
2008 Rank: 21
2007 Rank: 22
Rank increased by 1 level
Net Worth 2008: US$ 129 million
Net Worth 2007: US$ 190 million
Net Worth decreased by US$ 61 million
Age: 76
Gilberto Duavit & family
Executive Vice President and Chief Operating Officer of GMA Network
2008 Rank: 22
2007 Rank: 21
Rank decreased by 1 level
Net Worth 2008: US$ 127 million
Net Worth 2007: US$ 191 million
Net Worth decreased by US$ 64 million
Age: 73
Alfredo Ramos
Runs National Book Store and controls Atlas Consolidated Mining & Development
2008 Rank: 23
2007 Rank: Not in the list
Net Worth 2008: US$ 126 million
Age: 64
Jon Ramon Aboitiz & family
Runs Aboitiz & Co
2008 Rank: 24
2007 Rank: Not in the list
Net Worth 2008: US$ 125 million
Age: 59
Felipe Gozon & family
GMA Network Chairman, President & CEO
2008 Rank: 25
2007 Rank: 23
Rank decreased by 2 levels
Net Worth 2008: US$ 110 million
Net Worth 2007: US$ 165 million
Net Worth decreased by US$ 55 million
Age: 68
David Consunji & family
Founder DMCI (D.M. Consunji, Incorporated)
2008 Rank: 26
2007 Rank: 19
Rank decreased by 7 levels
Net Worth 2008: US$ 105 million
Net Worth 2007: US$ 210 million
Net Worth decreased by US$ 105 million
Age: 87
Rolando & Rosalinda Hortaleza
Founder of Splash Corporation
2008 Rank: 27
2007 Rank: 26
Rank decreased by 1 level
Net Worth 2008: US$ 90 million
Net Worth 2007: US$ 110 million
Net Worth decreased by US$ 20 million
Age: 49/51
Eugenio Lopez III & family
ABS-CBN Chairman and Chief Executive Officer
2008 Rank: 28
2007 Rank: Not in the list
Net Worth 2008: US$ 85 million
Age: 56
Betty Ang
Presindent of Monde Nissin famous for Lucky Me!
2008 Rank: 29
2007 Rank: 28
Rank decreased by 1 level
Net Worth 2008: US$ 80 million
Net Worth 2007: US$ 100 million
Net Worth decreased by US$ 20 million
Tomas Alcantara & family
Runs Alsons Consolidated Resources , Inc. and Manila Economic and Cultural Office
2008 Rank: 30
2007 Rank: 29
Rank decreased by 1 level
Net Worth 2008: US$ 75 million
Net Worth 2007: US$ 90 million
Net Worth decreased by US$ 15 million
Age: 62
Lourdes Montinola & family
Far Eastern University Chairperson. His Son Aureli is the CEO of the Bank of Philippines Islands
2008 Rank: 31
2007 Rank: 40
Rank increased by 9 levels
Net Worth 2008: US$ 68 million
Net Worth 2007: US$ 30 million
Net Worth increased by US$ 38 million
Age: 80
Salvador Zamora
President and CEO of Nickel Asia
2008 Rank: 32
2007 Rank: 32
Net Worth 2008: US$ 67 million
Net Worth 2007: US$ 55 million
Net Worth increased by US$ 12 million
Age: 62
Philip Ang
Nickel Asia Shareholder
2008 Rank: 33
2007 Rank: 34
Rank increased by 1 level
Net Worth 2008: US$ 63 million
Net Worth 2007: US$ 50 million
Net Worth increased by US$ 13 million
Age: 67
Wilfred Steven Uytengsu Sr. & family
Founder of Alaska Milk
2008 Rank: 34
2007 Rank: 31
Rank decreased by 3 levels
Net Worth 2008: US$ 55 million
Net Worth 2007: US$ 60 million
Net Worth decreased by US$ 5 million
Age: 81
Enrique Aboitiz & family
Aboitiz Transport System CEO
2008 Rank: 35
2007 Rank: 16
Rank decreased by 19 levels
Net Worth 2008: US$ 50 million
Net Worth 2007: US$ 375 million
Net Worth decreased by US$ 325 million
Age: 86
Frederick Dy
Controls Security Bank Corporation and City Industrial Corp. and is the vice chairman of St. Luke’s Medical Center.
2008 Rank: 36
2007 Rank: 30
Rank decreased by 6 levels
Net Worth 2008: US$ 49 million
Net Worth 2007: US$ 70 million
Net Worth decreased by US$ 21 million
Age: 53
Bienvenido R. Tantoco Sr. & family
Operates Starbucks Coffee in the Philippines and Rustans; and the Sole franchisee of Marks & Spencer
2008 Rank: 37
2007 Rank: Not in the list
Net Worth 2008: US$ 45 million
Age: 87
Jesus Tambunting
CEO of Planters Development Bank
2008 Rank: 38
2007 Rank: 36
Rank decreased by 2 levels
Net Worth 2008: US$ 40 million
Net Worth 2007: US$ 47 million
Net Worth decreased by US$ 7 million
Age: 71
Manuel Pangilinan
Chairman of Philippine Long Distance Telephone Company (PLDT)
2008 Rank: 39
2007 Rank: 38
Rank decreased by 1 level
Net Worth 2008: US$ 39 million
Net Worth 2007: US$ 35 million
Net Worth increased by US$ 4 million
Age: 62
Marixi Rufino-Prieto & family
Current chairperson of Philippine Daily Inquirer
2008 Rank: 40
2007 Rank: 39
Rank decreased by 1 level
Net Worth 2008: US$ 30 billion
Net Worth 2007: US$ 33 billion
Net Worth decreased by US$ 3 million
Age: 68
Included from 2007’s list but not included in the 2008’s list:
Ramon del Rosario Jr. Previous Rank 25th
Oscar Hilado & family Previous Rank 33th
Magdaleno Albarracin Jr. Previous Rank 35th
Antonio Roxas Previous Rank 37th
Not included from 2007’s list but Included in the 2008’s list:
Alfredo Ramos -- Currently 23rd
Jon Ramon Aboitiz & family -- Currently 24th
Eugenio Lopez III & family -- Currently 28th
Bienvenido R. Tantoco Sr. & family -- Currently 37th
I believe that I will become one of the future Pinoy Multi-Millionaire by the year 2015.
Mabuhay ang PBO !!!
I hope to be included even on the 21st spot, 10 years from now!
*grin
i hope to be included even on the 21st spot 10 years from now!!!
*big grin
i wish i could be one… sana sana sana… jejeje… magsisikap ako.
***
I will try my best to become one of the future Pinoy Multi-Millionaire by the year 2010.
***
But not yet on the Top 40…. as long as “Multi-Millionaire”, I’m fine with it…. even at the bottommost of the list…
***
Oh, by the way, what I mean is — Multi-Millionaire in Pesos, not in US Dollars… LOL.
[...] 2008 Top 40 Richest Filipinos in the Philippines [...]
[...] 2008 Top 40 Richest Filipinos in the Philippines [...]
nope… i don’t want to be on the list…really
hey gonna be one, 10 years from now..
woe..my napanood lng aq sa channel 2 n successful businessman and richest people…i hope i become one of them…and of course meet them in the future.naririnig q lng sila sa entrep class q and the famous gokongwei and his some inspirational or guidelines in putting-up a business…mr. henry see kung pano xia ngcome-up to build a shoemart.hirap at tyaga tlga bgo nila nkamit kung ano man ung nraranasan nila.
watch and learn!!!
in 2020 i’ m in top 10 list of richest people in the WORLD!!!!!!!
go Filipino!! soar high!!!!
I will be one of them.
all of them I am sure are robbers and they take advantage of others…
can someone send me an email
hala wala ako sa listahan…hahaha!!!
in 10 years nandyan na ako…
okay din si Jimenez (rank 21)…Retail business group SVP lang sya sa PLDT pero mas mayaman sya kesa sa chairman (Manny Pangilinan – rank 39).
haay…. sna sipagan nako sa pag aaral sa speech namin at sa accounting pra mging mayaman nako, hahaha. asa!!! jokes… seriously, pag inuna po ntin c God sa buhay ntin at sa lht ng gngawa ntin, if we live a lyf worshipping and pleasing HIm. He will lift us up more than ourselves cn imagine. Hu knows what lies ahead in our future, only God knows.
Jeremiah 29:11 read nyo po un.
ayunn lng. God bless.
ay naku!tama na sa kn ang 100million pesos kaya,tataya na lang ako sa lotto,baka matupad pa!para hnd nyo na ako ilista,mitsa pa yan ng aking buhay,more power sa mga mayayaman,mahirap yatang magpayaman!
I beleive they are what they are right now because they work hard for it. I just hope that they will unceasingly extend their blessings to the Filipino people.
One man gives freely, yet gains even more; another withholds unduly, but comes to poverty. A generous man will prosper; he who refreshes others will himself be refreshed-Proverbs 11:24-25 – Solomon
hay nako aanhin mo naman ang pera na napakadami na yan , kung sa bagay naman sila ang nagrun ng bansa natin, go go go, at least most of them are not kurakot dahil madami na silang pera, pero ang laki ng losses ng iba anu , million, hahah buti sa akin buhok lang,
di ko pinangarap mapasama sa list ng pinakamayaman sa pinas magsisikap ako para iahon ko pamilya ko sa hirap ng buhay yun lang ok na ko..
gusto ko yumaman kaso nakakatakot ksi bka ako makidnap or isa sa immediate family ko at ipatubos pa at isa pa lagi madami tao pupunta para ask ng anu ano tulong which is gusto ko nmn tulungan din kaso minsan yung iba nagsasamantala na e porkit alam na me pera ka gagamitin kalang uutangan tapos di na magbayad at mabaon na sa limot kung baga ilista nalang s tubig heheheh…..
23 This is what the LORD says:
“Let not the wise man boast of his wisdom
or the strong man boast of his strength
or the rich man boast of his riches,
24 but let him who boasts boast about this:
that he understands and knows me,
that I am the LORD, who exercises kindness,
justice and righteousness on earth,
for in these I delight,”
declares the LORD.
JEREMIAH 9:23-24
visit our website – http://www.truthcaster.com http://www.theoldpath.org http://www.angdatingdaan.org
=) jessie
pag bumango na paa ko, ako ang magiging next richest man not only in the phil but in universe!!!!! Bwahahahahahaha
grabe pressure malamang ng mga tagapag mana ng kayamanan ng mga mayayayamang ito!
hirap maging mayaman..hobby ko na ung lagi ako kinikidnap..
nyahahahaha…:)
kayo naman eh. parang hindi ninyo na iintindihan. kahit na simpling matimatiks, kung puro tayo mahirap wala tayong damit na masusuot ngayon. walang computer, cellphone, etc……..walang magagandang bahay…kagaya ni Manny Villar na may-ari ng Palmera at camella Homes subrang yaman na nya…..kaya pag tumakbo siya bilang president sa 2010 ibuto nyo sya..dahil ay hindi na kailang mangurakot pa sa subrang dami ng pera nya, imagine 25 bilyon pesos ang pera nya, kahit 2 milyon itapon nya araw araw, mamatay nalang si Villar ay hindi maubos pera nya. VOTE VILLAR FOR 2010 PRESEDENT.
keep it up,,.u have abundant resources ,,.galing nyo sana aku rin sumday,,,.
di co ma reach!! sana maging one of them aco haha. lol
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