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The Wealthy, the Poor, and the Filipinos (part 1)
It’s easy to say that life is hard, and it’s harder in the Philippines. Among many Filipinos, many of them don’t even believe that they could make money in the Philippines. But let’s take a look who are the 5 richest people in the Philippines and their commonality.
The Top 5 Richest Men in the Philippines (Forbes, 2007) are
- Jaime Zobel de Ayala ($2 billion)
- Henry Sy ($1.7 billion)
- Lucio Tan ($1.6 billion)
- Andrew Tan ($1.1 billion)
- Manuel Villar ($940 million)
Four out five were immigrants, or the parents have been immigrants to the Philippines.
- Jaime Zobel de Ayala (Several generations)
- Henry Sy (1st Generation)
- Lucio Tan (1st Generation)
- Andrew Tan (1st Generation)
Four out five were self-made b/millionaires:
- Henry Sy (started in Quiapo)
- Lucio Tan (scrap dealer)
- Andrew Tan (factory worker’s son)
- Manuel Villar (seafood dealer/construction)
Five out five believed that they could make money — in the Philippines, nevertheless.
The Richest Man in the World
Interesting to note that the Richest Man in the World is no longer Bill Gates nor does he/she comes from the U.S. but from a “Newly Industrialized Country” — Mexico. His name is Carlos Slim (video). He also believed in Mexico, unlike anyone else.
His net worth is nearly $68 billion ($68,000,000,000.00), $27 million a day ($27,000,000.00), Lebanese immigrant, and does not own a computer 
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Profiles: Pinoy Money Talk, Forbes
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