Philippines: Millionaire list 2019 ranking: SM conglomerate ‘Sea Family’ takes the lead
Manila
October 3, 2019
Philippines: List of millionaires
Forbes announces “Philippine Millionaire List 2019 Edition” on September 26.
Six SM family members of the SM conglomerate ranked first with assets of $ 17.2 billion.
Millionaire list: 11th consecutive year:
In January 2019, SM conglomerate founder Henry Sea died.
Son and daughter: A total of six people (Teleshita, Elizabeth, Henry Jr., Hands, Herbert, Hurley) each inherited heritage.
It is said that the market capitalization is over $ 1,220 billion, and has already held a key position in the SM conglomerate.
2nd place: Former Senator Manuel Biryar ($ 6.6 billion)
Representative of real estate giant Vista Land & Lifescapes.
3rd place: John Goconway Jr. ($ 5.3 billion)
Representative of G Summit Holdings, representative of food giant Universal Robina.
Real estate Robinsons Land,
Cebu Pacific Airlines and Robinsons Bank are affiliated.
4th: Enrique Razon Jr. ($ 5.1 billion)
Operate Manila International Container Terminal and overseas ports with International Container Terminal Service.
also operating a casino resort
5th place: Jaime Sobel de Ayala ($ 3.7 billion)
Owner of Ayala conglomerate, which owns communications giant Globe, BPI Bank, Manila Water and Ayala Land.
-JETRO
https://www.jetro.go.jp/biznews/2019/10/8c9088c6a40c251f.html