What made the richest Pinoys rich?

What made the richest Pinoys rich?

based on forbes.com "The Philippines' 50 Richest"

1. Henry Sy and family, $12 billion

Sy owns SM Invesments, which began in retailing but has now grown into a conglomerate that’s into mall operations, real estate, banking and tourism. He has been the richest man in the country for six years now. 

2. Lucio Tan and family, $7.5 billion

Tan owns LT Group, which includes popular beer maker Asia Brewery and which has a stake in Philip Morris Fortune Tobacco. Tan recently sold 49 percent of his stake in Philippine Airlines to San Miguel. He also owns Eton Properties.

3. Andrew Tan, $4.6 billion

Tan manages the Alliance Global Group Inc., which is composed of three companies: real estate giant Megaworld Corp., Emperador Distillers Inc., and McDonald’s franchisee Golden Arches Development Corp.

4. Enrique Razon, $4.5 billion

Razon is a shipping and casino tycoon. His International Container Terminal Services owns 28 ports in 19 countries. Razon’s casino operator Bloomberry Resorts runs Solaire Resorts and Casino. 

5. John Gokongwei, Jr., $3.4 billion

Gokongwei owns JG Summit, one of the largest conglomerates in the country with interests in aviation, banking, retail and property, among others. Among the group’s businesses are budget carrier Cebu Pacific, the Robinsons Retail Group and Go Hotels. 

6. Jaime Zobel de Ayala & family, 3.1 billion

One of the oldest and largest conglomerates in the country is Ayala Corp., of which Jamie Zobel de Ayala is chairman emeritus. The company has investments in retail, real estate, banking, telecommunications, water and energy, among others. Ayala-owned Bank of the Philippine Islands this year announced talks with Lucio Tan’s Philippine National Bank to be the top lender in the country. 

7. Aboitiz family, $3 billion

This family controls the Cebu-based conglomerate Aboitiz Equity Ventures, headed by Jon Ramon Aboitiz (fourth from left, front row) which focuses on power, banking, food, land development, construction and shipbuilding.

8. David Consunji, $2.7 billion

Consunji is the founder of construction giant DMCI, which has diversified its investments to power generation, water, real estate and infrastructure. DMCI controls the country’s largest coal producer Semirara Mining.

9. George Ty and family, $2.6 billion

Ty (second from left) founded Metropolitan Bank and Trust Co., a local banking giant which has also branched out into other business. Metrobank recently raised funds to up its shares in Toyota Motor Philippines, in which it now has a majority stake

10. Lucio and Susan Co, $1.9 billion

The husband-and-wife duo of Lucio (second from left) and Susan Co (right) have grown their business from one supermarket into one of the countr’s biggest retailers, Puregold. They also have interests in gaming, hotels, wine distribution an property.

AND MY GOAL is .. To be able to enter the top ten "richest pinoys" someday..  would it be greed if we want more?