Financial IQ Philippines Quick Hit(s):
Oh, there are more tycoons among the country's most affluent that need to be added to Forbes list.
Thanks to Entrepreneur magazine’s managing editor Eileen Ang, features editor Rocel Ann G. Junio, staff writers Peter Imbong and Carlo Mallo for inviting this writer to be a resource speaker on Aug. 18 at their roundtable discussion about the Philippines’ 40 wealthiest based on the latest Forbes magazine list. Two experts who joined me were Enderun Colleges Dean of Business & Entrepreneurship Edgardo Rodriguez and Ateneo Graduate School Prof. Danilo A. Antonio.
By the way, I said the Forbes list is good, but I believe it is incomplete for missing such tycoons, who could definitely qualify for its top 40 list with the lowest net worth being US$85 million. Here are some more missing from the list: Imelda Cojuangco, Manny Pacquiao, Manny Pangilinan, Ramon Ang, Mike Velarde (religious leader but also a realty businessman), the three inheritors of the Chito Madrigal Collantes estate, the Floirendo family, the Araneta family of Cubao, the Lorenzo family of Lapanday, the Ortigas family of Greenhills, Carlos Chan of Oishi, Alfredo Yao of Zest-O/Zest Air, “Radio King” Fred Elizalde, flour/sugar mill tycoon Alfonso Uy, “Tuna King” Ricardo Po Sr., Angelo King, the Lhuillier brothers with reputedly the world’s largest pawnshop chain in number of outlets, Ambassador Jesus Tambunting of Planters Bank, Wilson Lim of Abenson/Waltermart, Lucio Co of Puregold, the Roxas family of sugar milling, etc.
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