Richest People in the Philippines 2010




I always write about rich people in the Philippines. Before I wrote about the top ten richest people in the Philippines but my blog which I posted all those article was gone due to spam which I did not do. Henry Sy still the richest Filipino today with $5 million dollars from his SM empire. The Philippines richest is up by an impressive 39% and grew from $16.4 billion to $22.8 billion. The Philippines economy grew by 7.3% in the first quarter and almost all of the richest double or gain a lot from their investment. I think only Manny Villar is the biggest loser because he spent millions of money this last election but lost. Poor Villar, because of scandal he lost his ultimate dream.

Here is the complete list of richest top 40 people in the Philippines:

1.0 Henry Sy
2.0 Lucio Tan
3.0 John Gokongwei Jr.
4.0 Jaime Zobel de Ayala
5.0 Andrew Tan
6.0 Tony Tan Caktiong
7.0 Enrique Razon Jr.
8.0 Beatrice Campos
9.0 George Ty
10.0 Eduardo Cojuangco Jr.
11.0 Inigo & Mercedes Zobel
12.0 David Consunji
13.0 Emilio Yap
14.0 Andrew Gotianun
15.0 Vivian Que Azcona
16.0 Oscar Lopez
17.0 Manuel Villar
18.0 Jon Ramon Aboitiz
19.0 Mariano Tan
20.0 Robert Coyiuto Jr.
21.0 Roberto Ongpin
22.0 Alfonso Yuchengco
23.0 Betty Ang
24.0 Enrique Aboitiz
25.0 Gilberto Duavit
26.0 Menardo Jimenez
27.0 Felipe Gozon
28.0 Alfredo Ramos
29.0 Manuel Zamora Jr.
30.0 Wilfred Uytengsu Jr.
31.0 Benjamin Romualdez
32.0 Wilfredo Keng
33.0 Tomas Alcantara
34.0 Bienvenido Tantoco Sr.
35.0 Frederick Dy
36.0 Eugenio Lopez III
37.0 Lourdes Montinola
38.0 Luis Virata
39.0 Jesus Tambunting
40.0 Philip Ang

These are the richest people in the Philippines this year 2010 as of first quarter. Forbes Magazine rank them using their credentials. I will write about their profile to understand on how they acquired their money through business.


Subscribe if you Enjoy Reading our Post

Bookmark and Share

Lessons from Billionaire College Entrepreneurs




Many people think that becoming rich or billionaire is by accident, but I tell you this is not the case. According to these rich people they have already a vision on what their life will be and work hard and smart to gain it. We heard about the life of Bill Gates, Mark Zuckerberg the owner of Facebook and other billionaire guys in this planet, they all agreed with what I said. Entrepreneurship is of course about earning and investing money. Let us make this article bigger than what we usually wrote here.

First Lesson
Is to find a need and fill it. It is a simple thing to think but most of us afraid to try and explore the unknown and afraid to fail so that is why we don’t dare to try it. If you have an idea try it and it might be the vehicle to become rich. But don’t you wonder that there are already same businesses that exist but still some people were successful doing the same? Some of these are fast foods like KFC, McDonalds and Pizza Huts to name a few. It is because they modernized or they imitated the existing business but they add more to it like for example they lower the price with good service or they made their food more delicious and so on. This is what we call entrepreneurship. In my country, chicken roast already exists but right now there is a stall anywhere in the country with a name selling roasted chicken and it prospers because the owner modernized the concept of selling roasted Chicken. Bottom line is innovation. Earning your money through right ideas will make you rich faster and investing will follow by placing it in the stock market.

Second Lesson
Think Outside the School. Dell computer businessman Michael Dell is one of the best examples of this lesson. He was studying Pre-med course but interested in computers so he did it part time. I had this feeling too before but lost my momentum because I was misguided. Just joking! There are times that you feel selling or doing something which is not related to your studies, don’t close this door because who knows this will be your ticket to richness. I have many friends who studied engineering but end up selling live stocks and they are richer than me today, another friend of mine who is an engineer by profession but he end up in real estate and he is now a millionaire. You can never tell so think outside the school and develop your hobby.

Third Lesson
Use your School Projects for Larger Goals. When I was in college we have a project study not thesis my friend remember? In it we did a project study which I think is the climax in every courses because you have to pull out all of the resources and gain knowledge that you have. My project was about telephone booth using a coin and that was in 1991 though I knew that our national telecommunication company was using the three 25 cent coins I improvised it using the one bigger coin and guess what after two years the telephone company use it. I am not saying that they pirated my idea but the point remain, it is really possible or important that when you are in college you should do things that will lead to future after you are gone in school. School is always be a stepping board of what you should do when you are in the jungle out there in the city looking for a job. Larry Page and Sergey Brin are two individuals who dare to do it, without them there will no free search engine like Google today.

Fourth Lesson
Don’t Let the School Get in the Way. The best example of this one is no other than Bill Gates. I researched about him and he was a drop-out from school studying law but managed to become one of the billionaires in the world. School was not meant for him. Well there is no need to explain about his life here. He is the founder of Windows the most used Operating System today. Follow your desire and ideas and make it big. Don’t worry about school because it is always there waiting for you, it will not run as the saying goes.

My advice is to follow your passion and let the school be the aid in order to obtain it. This is another way of earning and investing your money.


Subscribe if you Enjoy Reading our Post

Bookmark and Share