Page 59 - Forbes - Asia (October 2019)
P. 59

10.
                                                                                                                               ANDREW TAN
                                                                                                                              $2.55 BILLION T
                                                                                                                              ALLIANCE GLOBAL
                                                                                                                                   AGE: 67


                                                                                 Elizabeth Sy, 67                                     11.
                                                                                                                            INIGO & MERCEDES
                                                                                                                                   ZOBEL
                                                                                 Runs the company’s tour-                     $2.5 BILLION WX
                                                                                 ism and hospitality opera-
                                                                                                                                 AYALA CORP.
                                                                                 tions as president of SM                        AGES: 63, 62
                                                                                 Hotels and Conventions,
                                                                                 which comprises seven
                                                                                 hotels and over 38,000                               12.
                                                                                                                                 MERCEDES
                                                                                 square meters of conven-
                                                                                                                                 GOTIANUN
                                                                                 tion space.
                                                                                                                               $2.2 BILLION S
                                                                                                                           FILINVEST DEVELOPMENT
                                                                                                                                    AGE: 91



           SM INVESTMENTS                                                                                                             13.
              Sectors (% of revenue):                                                                                       CONSUNJI SIBLINGS
           property (41%), banking (38%),                                                                                       $2 BILLION T
                   retail (21%),                                                                                                     DMCI

                       2018
        revenue: 450bn pesos ($8.5bn) S13%                                                                                           14.
       net profit: 37bn pesos ($700mn) S13%                                                                                   LUCIO & SUSAN CO
                                                                                                                               $1.8 BILLION S
                                                                                                                            PUREGOLD PRICE CLUB
                                                                                                                                 AGES: 64, 61
                 SM PRIME
              Sectors (% of revenue):
              malls (57%), residential                                                                                                15.
          development (35%), others (8%)                                                                                     ROBERTO ONGPIN
                                                                                                                              $1.75 BILLION S
                       2018                                                                                                      ALPHALAND
        revenue: 104bn pesos ($1.97bn) S14%                                        Henry Sy, Jr., 65                               AGE: 82
       net profit: 32bn pesos ($607mn) S17%
                                                                                   Chairman of SM Prime and                          16.
                                                                                   co-vice chairman of SM
                                                                                                                                 EDUARDO
                                                                                   Investments, he manages                      COJUANGCO
                                                                                   property development                        $1.5 BILLION S
                                                                                   and acquisitions. He set                      SAN MIGUEL
                                                                                   up Big Boss Cement in                           AGE: 84
                                                                                   2017 to capitalize on
                                                                                   massive, new government
                                                                                                                                      17.
                                                                                   infrastructure plans.
                                                                                                                                  ROBERT
                 Hans Sy, 63                                                                                                    COYIUTO JR.
                                                                                                                              $1.35 BILLION S
                                                                                                                           PRUDENTIAL GUARANTEE
                 Oversees group strategy                                                                                        & ASSURANCE
                 and also known for his                                                                                            AGE: 66
                 philanthropy—supports a
                 shelter for children with
                 cancer, while acting as the
                 chair of SM Prime’s executive
                 committee and of local bank
                 China Banking Corp.                                                                                         SUP   TDOWN   WXFLAT
                                                                                                                            ÌNEW TO LIST   3RETURNEE




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