ABERIN, Mae Frances R.

Management 12 MWF 11:30 12:30 D904 TOP 10 CEO s in the Philippines

June 22, 2011 Assignment

Henry Sy Sr. Net worth: $5 billion Age: 85 Marital status: Married, 6 children Founder, Chairman, Chairman of SM Investments Corporation, Chairman of SM Prime Holdings Inc and Chairman of SM Land Inc, SM Development Corp. Starting with small shoe store in Manila, he built SM Prime into country's largest mall developer. Run by son Hans, it's expanding in China, where it will open a fourth mall later this year. Stock of his SM Investment, family's biggest asset, up more than 25% in past year. Scrapped plans for a Las Vegas-style casino complex in Manila Bay, which was scheduled to open this year. Son Henry Sy Jr. recently bought Enrique Razon Jr.'s (No. 7) stake in power transmission company National Grid Corp. and became its president and CEO in June. Banco De Oro Unibank, country's largest bank, is run by daughter Teresita Sy-Coson. Henry S. Sy Sr. served as President and Chairman of the Board of SM Keppel Land, Inc. of SM Development Corp. and Keppel Philippines Holdings Inc. Mr. Sy serves as an Advisor to the Board of China Banking Corp. He is the Founder of SM Development Corp. Mr. Sy has been the Chief Executive Officer at SM Prime Holdings Inc. of SM Investments Corp. since 1994. Mr. Sy opened the first ShoeMart store in 1958 and has been at the fore in SM Group's diversification into shopping malls, retail merchandising, financial services, and real estate development and tourism. He established SM Foundation Inc. He served as the President and Chairman of the Board of SM Prime Holdings Inc., since 1994. He serves as Chairman Emeritus of Banco De Oro Unibank, Inc. He serves as the Chairman of the Board at Fortune Cement Corp., and First Asia Realty Development Corporation. He serves as the Chairman of the Board at SM Development Corp., and Shoemart Inc., of SM Investments Corp. He served as Chairman of the Board at Highlands Prime Inc. of SM Investments Corp. He served as the Chairman of the Board at SM Investments Corporation. He has been a Director of Highlands Prime Inc. since January 4, 2002. He serves as a Director of Fortune Cement Corp., SMKL, SSEI, Subic Shipyard & Engineering Inc. and Keppel FELS Energy Inc. M21r. Mr. Sy served as a Director of SM Investments Corporation since 1960. Mr. Sy served as a Director of Keppel Philippines Marine Inc. until September 7, 2006 and Keppel Philippines Properties Inc. of Keppel Philippines Holdings Inc. since November 1999. He served as a Director at Keppel Philippines Holdings Inc. from 1989 to November 2006. He served as a Director of San Miguel Corp., Banco De Oro Unibank, Inc. and China Banking Corp. He served as a Director of Republic Glass Holdings Corp. from 1995 to December 2007. He served as a Director of Far East Bank and Trust Company, Inc. He was awarded an Honorary Doctor of Science degree in Business Management from De La Salle University, Manila. Mr. Sy graduated from Far Eastern University in Commercial Science.

Lucio Tan Net worth: $2.1 billion Age: 76 Marital Status: Married, 6 children Executive Director, Dynamic Holdings Ltd Owns nation's largest cigarette maker, Fortune Tobacco, second-largest beermaker, Asia Brewery, and stake in Philippine Airlines. Biggest chunk of fortune comes from Hong Kong-based Eton Properties, which is selling land in one of its township developments to Henry Sy's SM Prime. Much of former electrical engineer's wealth still sequestered by the presidential commission on good government, while cases make their way through country's court system. Lucio Tan is the famous Chinese Filipino business tycoon and the second richest man in the Philippines next to Henry Sy. He owns Tanduay Holdings which is one of the world s largest rum makers. He also owns Asia Brewery, the second largest brewery in the country and Fortune Tobacco, the largest tobacco company in the Philippines. He is also the owner of Philippine Airlines the Philippines flag carrier. These are only few examples of the 300 companies that Mr. Tan managed. The total value of his businesses was estimated not less than $20 billion controlling the 60% share. Lucio tan was in Amoy, Fujian, Republic of China on July 17, 1934. He was still a child when his parents decided to move here in the Philippines. He studied at the University of Santo Tomas taking up Bachelor of Science in Chemical Engineering but finished this course from the University of Santo Tomas. He had stop schooling before graduating to take a job in a tobacco factory. He started the cigarette company known as Fortune Tobacco in 1966. He only begins in a small hut in Marikina gained Lucio Tan to success. He then venture and became successful from various business field namely airlines and related services; banking, finance and securities; brewery; chemicals; distillery and alcohol; education; food; hotel; manufacturing; property development; steel fabrication and construction; and tourism and travel services. Mr. Tan received several recognitions and awards both in the Philippines and abroad for his achievements and leadership. Lucio Tan holds a Doctorate Degree in Commerce from the University of Santo Tomas along with a string of honorary doctorate degrees from various institutions of higher learning. He launched the Tan Yan Kee Foundation in 1986 in honor of his father to share fruits of his endeavor with those in need. The Foundation is aiming to support of education, culture and sports; health and social welfare; research; and manpower development. John Gokongwei Jr. Net worth: $1.5 billion Age: 83 Marital Status: Married, 6 children Founder, Chairman Emeritus, Member of Executive Committee, Member of Audit Committee, Member of Nomination Committee, Member of Remuneration & Compensation Committee, Chairman Emeritus of JG Summit Holdings and Director of JG Summit Capital Markets Corporation, JG Summit Holdings Inc.

His JG Summit Holdings outperformed market, making him a billionaire for the first time. Shares hit 2-year peak earlier this year partly on plans to list group's budget carrier, Cebu Pacific, whose IPO subsequently got delayed. Brother James Go chairs JG Summit, son Lance is president. Group's retail unit, Robinsons, has stores in 7 countries. Mr. John L. Gokongwei, Jr. serves as President of JG Summit Capital Markets Corp. Mr. Gokongwei served as Chairman and Chief Executive Officer of JG Summit Holdings, Inc. from 1990 to 2001, which he founded. Mr. Gokongwei founded Universal Robina Corp. in 1954. He served as Chief Executive Officer and President of Digital Telecommunications Phils Inc. for JG Summit Holdings Inc. He served as Chief Executive Officer of Universal Robina Corporation, Robinsons Land Corp., JG Summit since 2001. He was primarily responsible for the overall direction and development of JG Summit Group of Companies which he founded in the midfifties. He founded Robinsons Land Corp. in 1980 and has been its Chairman Emeritus since January 1, 2002. He has been Chairman Emeritus of Universal Robina Corp. since January 1, 2002. He has been Chairman Emeritus of JG Summit Holdings Inc., since January 1, 2002. He is founder of Universal Robina (Cayman), Ltd and has been its Chairman Emeritus since January 2002.He serves as the Chairman of Gokongwei Brothers Foundation, Inc. and Great Pacific Life Assurance Corporation. He served as Chairman of JG Summit and Universal Robina Corporation. He served as Chairman of the Board of Robinsons Land until December 31, 2001. He has been Deputy Chairman of United Industrial Corporation Limited since 1999 and Non-Executive Deputy Chairman of Singapore Land Ltd. since 1999. He has been a Director of Manila Midtown Hotels and Land Corporation since 1973, Gokongwei Brothers Foundation, Inc., since 1992, Cebu Air, Inc., since December 1995, Litton Mills, Inc., since 1978, Robinsons Land Corp., since 1980, Southern Negros Development Corporation since 1982, Universal Robina Sugar Milling Corporation since 1987, Robinsons Inc., since 1987, United Industrial Corporation Limited since July 27, 1999 and Singapore Land Ltd. since 1999. He has been a Director of A. Soriano Corp. since May 21, 1980, Digital Telecommunications Phils Inc., since May 1993, and JG Summit Petrochemical Corporation since 1994. He serves as a Director of Universal Robina Corp., Universal Robina (Cayman), Ltd., JG Summit Holdings Inc., JG Summit Capital Markets Corporation of JG Summit Holdings Inc., PGPI, Oriental Petroleum and Minerals Corp., First Private Power Corporation and Bauang Private Power Corporation. He served as a Director of Philex Mining Corp. from 1993 to September 2008. Mr. Gokongwei received an Master's degree in Business Administration from the De La Salle University in the Philippines in 1977 and attended the Advanced Management Program at Harvard University, Boston, Massachusetts, USA from 1972 to 1973. Jaime Zobel de Ayala Net worth: $1.4 billion Age: 76 Marital Status: Married, 7 children Chairman Emeritus of Ayala Corporation, President and Chairman of Ayala Coporation (1983 2005) His Ayala Corp., Philippines' largest conglomerate by market capitalization, plans to invest $1.6 billion in various projects, including power generation. Interests include real estate,

hotels, financial services, telecom, utilities. While he is chairman emeritus, family stake held by his 7 children. Jaime II, eldest, is chairman, son Fernando vice chairman and president. He is the Chairman Emeritus of Ayala Corporation, a commercial house established by his forefathers in the Philippines in 1834. Ayala has businesses in real estate development, telecommunications, banking, electronics, manufacturing, water distribution, automotive dealership and business process outsourcing. He is concurrently Chairman of Ayala Foundation, Inc., the company's social commitment arm. He also served the diplomatic corps as Ambassador to the Court of St. James and the Scandinavian countries from 1970 to 1975. Mr. Zobel was awarded 'Management Man of the Year' by the Management Association of the Philippines in 1987, was a recipient of two decorations for culture 'Comendador al Mrito Civil' from the Spanish government in 1968 and 'Chevalier de L'Ordre des Arts et des Lettres' from the French government in 1980 . Mr. Zobel was conferred the 'Legion of Honor and Grand Commander' by the President of the Republic of the Philippines in 2009. He was also conferred the degree of 'Doctor of Business Management' by the De La Salle University in April 1985 and the degree of 'Doctor of Laws' by the University of the Philippines in April 1991. Mr. Zobel studied at La Salle (Madrid, Spain) for his baccalaureate degree in 1953, Harvard University (Massachusetts, U.S.A) for his degree in Bachelor of Arts in Architectural Sciences in 1957 and Harvard University Graduate School Program of business Administration (Manila, Philippines) for his degree in Advanced Management in 1963. He is married to Beatriz Miranda Zobel de Ayala and has seven children. Andrew Tan Net worth: $1.2 billion Age: 58 Marital Status: Married, 4 children Founder, Chairman of the Board, Principal Executive Officer, President, Director of Eastwood Cyber One Corporation, Director of Megaworld Globus Asia Inc and Director of Megaworld Land Inc, Megaworld Corp. Son of factory worker put himself through college, worked in appliance store. Later made his first fortune in brandy. Holding company Alliance Global Group's businesses include food and beverage, real estate, gaming. Shares up 25% from last year. Co-owns casino Resort World Manila with Genting Hong Kong. Mr. Andrew L. Tan serves as President of Richmonde Hotel Group International Limited. Mr. Tan serves as Chief Executive Officer of Alliance Global Group Inc. He founded Megaworld Corp. in 1989 and has been its Chief Executive Officer and President since its inception. He serves as Chief Executive Officer of Yonghe King Brand and President of yonghe king brand at Jollibee Foods Corp. He serves as Principal Executive Officer of Empire East Land Holdings Inc. and President of Megaworld Foundation Inc. He serves as Vice Chairman and Treasurer of Golden Arches Development Corporation. Mr. Tan served as Treasurer of Empire East Land Holdings Inc., from July 1994 to May 1998. He serves as Member of the Management Board at Energy Studies Institute. He has been Chairman of the Board of Megaworld Corp., since 1989.

He serves as Chairman of Emperador Distillers, Inc. He has been Chairman of the Board of Empire East Land Holdings Inc. since July 1994. He has been Chairman of Alliance Global Group Inc. since September 2006. He served as Vice Chairman of Alliance Global Group Inc., from August 2003 to September 2006. He has been Director of Alliance Global Group Inc. since August 2003. Mr. Tan has been a Director of Megaworld Corp., since 1989. He serves as Director of Golden Arches Realty Corporation, Emperador International Limited; Choice Gourmet Banquet, Inc. and Venezia Universal Limited. He serves as Director of Mactan Oceanview Properties & Holdings, Inc.; Megaworld Homes, Inc.; Philippine International Properties, Inc., Yorkshire Holdings, Inc.; Alliance Global Brands, Inc.; Empire East Properties, Inc.; Forbes Town Properties & Holdings, Inc.; Megaworld Foundation, Inc.; Sonoma Premier Land, Inc.; Sherman Oak Holdings, Inc.; and Townsquare Development Inc. Mr. Tan serves as Director of Megaworld Land Inc., Eastwood Cyber One Corporation and Megaworld Globus Asia Inc. He has been a Director of Empire East Land Holdings Inc., since July 1994. He serves as a Director of Megaworld Cayman Islands, Inc., Megaworld Central Properties, Inc., Megaworld Newport Property Holdings, Inc., Richmonde Hotel Group International Limited, Gilmore Property Marketing Associates Inc., The Andresons Group Inc., Raffles & Co. Inc., Consolidated Distillers of the Far East Inc., Andresons Global Inc. and The Manila Banking Corporation In recognition of his role in spurring economic and societal development of the City of Taguig through the investments and development projects of Megaworld Corporation in April 2005, conferred on him the Forward Taguig Award in the Field of Business and Entrepreneurship. In 2004, the Quezon City government named him as "Businessman of the Year" in recognition of his "visionary leadership" in transforming Eastwood City into a "magnet for investments" and the "most dynamic growth center in Quezon City". In 2003, he was also named Most Outstanding Alumnus of the University of the East. He is a member of the European and Philippine Chambers of Commerce. Mr. Tan graduated Magna Cum Laude from the University of the East with the degree of Bachelor of Science in Business Administration. Tony Tan Caktiong Net worth: $980 million Age: 60 Marital Status: Married, 3 children Chairman of the Board, Chief Executive Officer and President of Jollibee Foods Corp. Founded Jollibee Foods in 1975, with an ice cream parlor. Now country's largest fastfood company, with 700 American-style Jollibee burger outlets and numerous other brands in Asia, Middle East and the U.S. opened its first Chowking, a Chinese food outlet, in Qatar in November; plans to expand that brand in the Middle East this year. Tony Tan Caktiong serves as the Chairman of the Board, Chief Executive Officer and President of Jollibee Foods Corp. Mr. Caktiong is a Member of the board of trustees of the Asian Institute of Management, St. Luke's Medical Hospital, and the Philippine Academy of Sakya. He serves as an Independent Director of Sun Life Prosperity Dollar Abundance Fund, Inc. and Sun Life Prosperity Dollar Advantage Fund, Inc. He has been a Director of First Generation Corporation since 2005. He has been a Director of Philippine Long Distance Telephone Co. since July 8, 2008. He has received citations/awards from various organizations including Ernst &

Young's Entrepreneur of the Year Philippines in 2003 and won the prestigious World Entrepreneur of the Year in 2004 in Monaco besting 31 entrants from all over the world. Mr. Caktiong further honed his business skills by attending various courses and seminars in institutions such as the Asian Institute of Management, Stanford University (Singapore) and Harvard University. Mr. Caktiong has a Bachelor of Science degree in Chemical Engineering degree from the University of Santo Tomas in 1975 and has management tutoring certifications from Harvard University, Asian Institute of Management, University of Michigan Business School and Harvard Business School and Honorary Doctor of Humanities from St. Paul University and Honorary Doctor of Science in Business Management from Far Eastern University of the Philippines and Honorary Doctor of Humanities from Southwestern University. Enrique Razon Jr. Net worth: $975 million Age: 50 Marital Status: Married, 2 children Chairman, Chief Executive Officer, President, Chairman of ICTSI Limited and President of ICTSI Limited, International Container Terminal Services Inc Port operator recently sold his stake in power unit National Grid to Henry Sy Jr. Profits from sale boosted his fortune. Shares in his International Container Terminal Services, which he runs, have nearly doubled since last year on uptick in global trade. Avid golfer. Mr. Enrique K. Razon, Jr. serves as the Chief Executive Officer and President of International Container Terminal Services Inc. Mr. Razon serves as the President of Cebu International Container Terminal, Inc. Mr. Razon serves as the Chairman and President of ICTSI Ltd., International Container Terminal Holdings, Inc., Razon Industries, Inc., and Sureste Realty Corp. He serves as the Chairman and President of Provident Management Group, Inc. He serves as an Executive of EEI Corp. He has been the Chairman of International Container Terminal Services Inc. since 1995. Mr. Razon serves as the Chairman of the Board of Monte Oro Resources & Energy, Inc., ICTSI Manila Holdings, Inc., ICTSI Warehousing, Inc., Sureste Properties, Inc., Provident Management Group, Inc. and Australian International Container Terminal Limited, Asia Star Freight Services, Sureste Properties, Inc., and Provident Management Group, Inc. Mr. Razon served as the Chairman of Ensenada International Terminal S.A. de C.V. and Titan Insurance Brokers, Inc. from 1997 to 2001 and of ICTSI International Holdings Corp. (I HC) from 1994 to 2001. Mr. Razon has been a Director of International Container Terminal Services Inc. since 1988. He serves as a Director of Cebu International Container Terminal, Inc., Subic Bay International Terminal Holdings, Inc., Subic Bay International Terminal Corporation, Baltic Container Terminal, Tecon Suape S.A., Madagascar International Container Terminal Services Ltd., ICTSI Hongkong Ltd., Contecon Guayaquil SA, Xcell Property Ventures Inc., Yantai Rising Dragon International Container Terminal Ltd., International Exchange Bank, CLSA Exchange Capital, ABX Pan Globe Logistics, Inc., Kamahalan Publishing Co., Kagitingan Printing Press, Inc., Excell Properties and Phil Realty, Inc. and Philippine Skylanders, Inc. Mr. Razon served as a Director of A. Soriano Corp. from April 16, 1997 to June 18, 2007. He served as a Director of Buenos Aires Container Terminal Services, S.A., Internacional de Contenedores Asociados de Veracruz, S.A. de C.V., International Port Services Co., Ltd., Karachi

International Container Terminal Ltd., and Tanzania International Container Terminal Services, Ltd. until 2001. Mr. Razon is also a member of the American Management Association, Management Association of the Philippines, Pacific Basin Economic Council, and World Economic Forum. In 2003, he was named by the President of the Republic of the Philippines as a member of the Public-Private Sector Task Force on the Reconstruction and Development of Iraq. Mr. Razon holds a Bachelor of Science in Business Administration, De La Salle University (1980). Beatrice Campos Net worth: $840 million Age: N/A Marital Status: Widowed, 5 children Late husband Jose Campos cofounded drug firm Unilab, which accounts for biggest portion of family's wealth. Also has controlling stake in Singapore-listed Del Monte Pacific, run by son Joselito, who recently invested in San Miguel Corp. with Roberto Ongpin and Inigo Zobel . George Ty Net worth: $805 million Age: 77 Marital Status: Married, 5 children Senior Adviser and Vice Chairman of Executive Committee, Philippine Savings Bank Founded Metrobank, country's second-largest lender, in his 20s. Profits at the bank, which son Arthur now chairs, were up nearly a third in first quarter. Holds almost 40% of the bank with his children. Metrobank Foundation, which he created nearly 30 years ago, supports health care, art and education projects. Dr. George Siao Kian Ty has been an Senior Adviser of Philippine Savings Bank since April 2008. Dr. Ty serves as an Adviser of First Metro Investment Corporation and Philippine AXA Life Insurance Corporation. He served as an Advisor of Philippine Savings Bank from April 2006 to April 2008. Dr. Ty is The Founder of MBTC. He has been Honorary Chairman of First Metro Travel, Inc. since 1989. He serves as Honorary Chairman of Thomas Cook (Philippines) Inc., and FMIC. He serves as the Chairman of the Board of Global Business Bank Inc. Dr. Ty has been Chairman of Toyota Motor Philippines Corporation since 1988. He serves as Chairman of Global Business Holdings, Inc., and Manila Medical Services, Inc. He has been Chairman of Metrobank Foundation, Inc., since 1979. Dr. Ty has been Chairman of Metrobank Group since 2006. He has been Chairman of the Advisory Board of First Metro International Investment Co., Ltd since 2002. He serves as Chairman of the Board of Mla. He has been Director of Manila Doctors Hospital since 1979. Dr. Ty founded and served as the General Manager of Wellington Flour Mills. He served as Chairman of the Board of Toyota Autoparts Phils. Corp. from 1990 to July 2005. Dr. Ty served as Chairman of Metropolitan Bank & Trust Co. and also served as its CoChairman since May 2006. He serves as a Director of Metrobank Group, San Miguel Corp., Maynilad Water Services and Metropolitan Bank & Trust Co.

Eduardo Cojuangco Jr. Net worth: $760 million Age: 75 Marital Status: Married, 4 children Chairman, Chief Executive Officer and Chairman of Executive Committee, San Miguel Corp.
Recently sold an option to buy out his stake in San Miguel Corp., one of Asia's largest food and beverage companies, to Top Frontier, an investor group led by Roberto Ongpin (No. 21). Surprise move sparked rumors of his ill health, but he remains chief executive. Eduardo M. Cojuangco, Jr. has been the Chairman of the Board and Chief Executive Officer of San Miguel Corporation since July 7, 1998. Mr. Cojuangco has been an Executive Chairman and Chief Executive Officer of Ginebra San Miguel, Inc. since October 21, 1998. He has been the Chairman of CocaCola Bottlers Philippines, Inc. since July 13, 2001 and San Miguel Pure Foods Co. Inc. since May 22, 2001. He serves as the Chairman of ECJ and Sons Agricultural Enterprises, Inc., the Eduardo Cojuangco, Jr. Foundation, Inc. and Cainaman Farms, Inc. Mr. Cojuangco has been an Executive Director of Ginebra San Miguel Inc. since October 21, 1998. He serves as a Director of San Miguel Pure Foods Co. Inc. and San Miguel Corporation. He served as a Director of Manila Electric Co. since February 1, 2009.

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