Philippines’ 40 Richest

This is old news. Forbes listed this December last year.  I’ll post this anyway. If only they could mentor me. Hmm….

Drumroll please….

1. Henry Sy
$4 billion
82. Married. 6 children.

2. Lucio Tan
$2.3 billion
72. Married. 6 children.

3. Jaime Augusto Zobel de Ayala
$2 billion
72. Married. 7 children.

4. Eduardo Cojuangco
$840 million
71. Married. 4 children.

5. George Ty
$830 million
74. Married. 5 children.

6. John Gokongwei Jr.
$700 million
80. Married. 6 children.

7. Tony Tan Caktiong
$575 million
53. Married. 3 children.

8. Andrew Tan
$480 million
57. Married. 4 children.

9. Emilio Yap
$350 million
81. Married.

10. Oscar Lopez
$315 million
76.
 

11. Enrique Razon Jr.
$285 million
46. Married. 2 children.

12. Andrew Gotianun
$280 million
78. Married. 4 children.

13. Enrique Aboitiz
$275 million
84. Married. 7 children.

14. Alfonso Yuchengco
$225 million
83.

15. Menardo Jimenez
$210 million
74.

15. Gilberto Duavit Jr.
$210 million

17. Ramon del Rosario Jr.
$205 million
62. Married. 4 children.

18. Felipe Gozon
$180 million

19. Beatrice Campos
$160 million
Widowed. 5 children.

20. Luis J.L. Virata
$150 million

21. David M. Consunji
$145 million
85. Married. 8 children.

21. Bienvenido R. Tantoco Sr.
$140 million

23. Betty Ang
$115 million

24. Manuel Villar
$110 million
57.

25. Mariano Tan
$100 million

26. Rolando & Rosalinda Hortaleza
$90 million

27. Oscar Hilado
$85 million
69. Married. 3 children.

28. Vivian Que Azcona
$80 million

29. Manuel Zamora
$75 million
66.

30. Magdaleno Albarracin Jr.
$73 million
70. Married. 1 child.

31. Jesus Tambunting
$70 million
69. Married. 4 children.

32. Frederick Dy
$65 million
51. Married. 3 children.

33. Tomas Alcantara
$60 million
60. Single.

34. Lourdes Montinola
$50 million
78.

35. Salvador Zamora
$45 million
59.

36. Antonio Roxas
$40 million
64.

37. Wilfred Steven Uytengsu Sr.
$38 million

79. Married. 3 children.

38. Philip T. Ang
$35 million

39. Marixi Prieto
$30 million
66. Married. 5 children.

40. Manuel Pangilinan
$25 million
60. Single.

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See the comprehensive list here.

How does the Filipino spend?

I stumbled upon a fact sheet released by the Senate Economic Planning Office which highlights the final results of the National Statistic Office (NSO) 2003 Family Income and Expenditure Survey (FIES).

Here are the bits and pieces that caught my attention:

1. The average family income increased by 2.5% from 2000 to 2003.
Take inflation in, it actually declined by 10%.

2. Lower-income families spent more than they earned.

3. Income of the richest 10% is 20 times more than that of the poorest 10%.

4. Food takes up almost half of the total family expenses.

5. By 2003, the family tends to eat out more than in 2000.

6. Spending on transportation and communication increased.

This data of course is a bit outdated but we can somehow see where our money goes. I wonder what the numbers would be in 2007.