Sunday, March 13, 2011

Top 10 Richest People In The Philippines 2010

Top Ten Richest Man In The Philippines 2010 | Top 10 Richest Man In The Philippines
1.Henry Sy
Top 10 Richest People In The Philippines 2010
Top 10 Richest People In The Philippines 2010latest news update,Top 10 Richest People In The Philippines 2010;Stock price of his SM Investments has almost doubled since December low. Group, with interests in malls, retail, property, posted 14% increase in net income in first half of 2009. Daughter Teresita Sy-Coson runs its Banco de Oro Unibank, country's largest bank by assets, which signed deal in May to acquire GE Capital's Philippines banking arm in exchange for strategic investment from the U.S. company; deal expected to close this month. Sy, who got start selling shoes, shares fortune with wife and children.Top 10 Richest People In The Philippines 2010
2.Lucio Tan
Top 10 Richest People In The Philippines 2010
His Philippine National Bank received regulatory approval to buy 38% of China's Allied Commercial Bank in August. Former electrical engineer's other holdings include Fortune Tobacco, Asia Brewery, Philippine Airlines and Hong Kong properties. Government case against Tan for allegedly holding assets for the late Ferdinand Marcos has dragged on for 22 years. Some of his fortune still sequestered as part of the long-running investigation.Top 10 Richest People In The Philippines 2010

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