MANILA - These tycoons own the country's major shopping malls, banks, airlines, fast-food chains, hotels, and power firms.
The richest billionaires in the Philippines have a combined net worth
of nearly $50 billion (P2.3 trillion), which are compiled by
Forbes magazine based on stock prices and exchange rates as of the close of markets on August 14.
Here are the country's 10 richest billionaires:
Mobile users can view the desktop version of the slideshow
here.
10) Tony Tan Caktiong
Tony Tan Caktiong has turned Jollibee Foods into the fastest-growing
Asian restaurant chain in the world. He also recently entered new
territory, building community malls with fellow billionaire Edgar Sia II
of Mang Inasal fame. The 62-year-old Caktiong has a net worth of $2.2
billion.
Photo: Jollibee Foundation
source: www.abs-cbnnews.com
