Ramon Ang
REAL TIME NET WORTH — as of 5/9/17
$1.46 B
Consummate car collector Ramon Ang runs conglomerate San Miguel. Originally a brewer, San Miguel is market leader in food and beverages but the bulk of its revenues stems from power, fuel, oil and infrastructure businesses. Ang’s privately held Eagle Cement boasted 30% margins in 2015. He also owns a hotel and 100 acres of prime real estate. Ang got his start fixing up and selling used Japanese car and truck engines before partnering with Eduardo Cojuangco’s son to sell aluminum wheels.
Aboitiz is the chairman and largest individual shareholder of Aboitiz Equity Ventures, a conglomerate with revenue of 116 billion pesos ($2.5 billion) in 2016. The Cebu City, Philippines-based business has interests in power generation and distribution, banking, land and infrastructure. It’s the investment arm of the family-owned Aboitiz & Company.
Source:
1. forbes
2. bloomberg